write four merits of industrial revolution
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The World Economic Forum defines the Fourth Industrial Revolution as “characterized by a fusion of technologies that is blurring the lines between the physical, digital and biological spheres.” The article also notes that technology-enabled platforms will and are disrupting existing industry and operating structures. The benefits of this next development stage are clear. Improved productivity, flexibility and efficiency rise from distributed and networked intelligence that fuels critical decision-making, reduces excess capacity and eliminates many manual processes.
Our infographic and summary below highlight four aspects of the connected economy.
Smart IIoT
Benefit: Increase reliability and efficiency
Industry Investment: $933.6B by 2025 in global IIoT market expenditures for creating connected enterprises
Vehicle-as-a-Service
Benefit: Evolve mobility of goods and people
Industry Investment: $96.4 billion by 2022 in the global connected car market for navigation, telematics and infotainment
Our infographic and summary below highlight four aspects of the connected economy.
Smart IIoT
Benefit: Increase reliability and efficiency
Industry Investment: $933.6B by 2025 in global IIoT market expenditures for creating connected enterprises
Vehicle-as-a-Service
Benefit: Evolve mobility of goods and people
Industry Investment: $96.4 billion by 2022 in the global connected car market for navigation, telematics and infotainment
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agriculture,mass production of goods,exploration of markets,industrialisation brought urbanisation
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