Industry 4.0 conceptualizes rapid change to technology, industries, and societal patterns and processes in the 21st century due to increasing interconnectivity and smart automation. The term industry 4.0 has been used widely in scientific literature and was popularized by Klaus Schwab in 2015, the World Economic Forum Founder and Executive Chairman. Schwab asserts that the changes seen are more than just improvements to efficiency, but express a significant shift in industrial capitalism. A part of this phase of industrial change is the joining of technologies like artificial intelligence, gene editing, to advanced robotics that blur the lines between the physical, digital, and biological world
StockBot RFID robot for inventory tracking in your warehouse
RFID technology and how it works in warehouses In the retail industry, accurate inventory tracking and data collection are crucial to a company’s profits and ultimately success. As well as the need to improve inventory tracking on the shop floor,
