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
Retail analytics and data collections: StockBot and in-store intelligence
How it works: collecting in-store data using product images and monitoring product stock at a shelf level Traditionally, retailers have relied on employees to monitor shelf stock levels throughout the