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Are We Prepared for Industry 4.0?

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Technology, like humankind, is undergoing a consistent cycle of evolution. Tactical research, experimental breakthroughs, scientific inquiry around existing technology and the integration of technology and business has accelerated the pace at which technological advancement is taking place greatly. Today, the life span of any new technology is shrinking exponentially. Complex technological tools are being used to simplify as well as to resolve problems ranging from business, media, academics, public services, social issues as well as conservation of nature. In this fast-paced, dynamic industry, the time has come for a brand new ‘revolution’. ‘ Industrial Revolutions’ Over the Years Kick started by the marvel of hydropower and the mechanics of the steam engine, the industrial revolution had drastic technological, social as well as political repercussions. Over the years, different versions of the industrial revolution have made notable disruptions in multiple sectors. The i