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How Israel is Becoming a Key Player to the Industry 4.0 Revolution?

February 25, 2020 / Vivek Kumar
SHARESHARESHARE

The world is already reached the fourth industrial revolution as we generate a massive amount of data on a daily basis. This industrial revolution delivers all the digital and data-driven technologies to collect, store and process the data, including IoT, AI, Robotics, Cloud Computing, and more. As countries across the globe are heading towards the Industry 4.0 revolution by increasingly leveraging automation technologies across industries, Israel is fast becoming a global hub of Industry 4.0 innovation, with its entrepreneurial culture and innovative ecosystem. With the emergence of the fourth industrial revolution, new-age technologies are becoming cheaper, enabling manufacturers to shift their focus from making products in countries with cost-effective labor to bringing production back home in a smarter way. As the Third Industrial Revolution brought technologies such as robotics, Industry 4.0 digitize, streamline, connect, protect and enhance every step of production.