The Four Industry 4.0 Tipping Points

At the turn of the 20th century, the third industrial revolution was driven by three major tipping points: improvements in agriculture, greater transport possibilities, and an economic boom. Now we’re on the fourth industrial revolution—Industry 4.0. Many businesses are welcoming economic globalization as an opportunity to spread their divisions worldwide and generate a virtual global factory. Among the factors underpinning Industry 4.0's tipping points are the following: connectivity, the...