FOURTH INDUSTRIAL REVOLUTION (or INDUSTRY 4.0)

Oct. 25, 2020

IIT Kharagpur and Tata Consultancy Services (TCS) have jointly developed a novel Industry 4.0 technology for remotely controlled factory operations and real-time quality correction during industrial production in a bid to deliver quality output at low costs.

About:

History: Klaus Schwab, founder and executive chairman of the Geneva-based WEF, published a book in 2016 titled “The Fourth Industrial Revolution” and coined the term at the Davos meeting that year.
Meaning: The Fourth Industrial Revolution refers to how technologies like artificial intelligence, autonomous vehicles and the internet of things are merging with humans’ physical lives.
Examples: Voice-activated assistants, facial ID recognition or digital health-care sensors.

Source : All India Radio