The IoT and blockchain are not the only sets of technologies that are driving the evolution of a new economic and manufacturing revolution. Industry 4.0 is a concept that takes place in an era of new methods, technologies, and unprecedented computing capabilities that can be used by anyone who has internet access.
In this chapter, we will explore the role of key technologies such as the IoT, blockchain, and cloud computing, focusing on how these factors are driving the evolution of Industry 4.0.
The following topics will be covered in this chapter:
- The role of cloud computing in the new economy model
- How the IoT can help innovate industries
- Blockchain as a business platform for Industry 4.0