Manual for Understanding the Fourth Industrial Revolution

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Just as the invention of the steam engine in the 18th century enabled mechanization of production and mass urbanization to become a reality, the Fourth Industrial Revolution, also known as 4IR or Industry 4.0, is poised to transform the way we do business and live our lives, but at a faster pace than we could ever imagine. What do we need to know to best adapt? Here are some answers.
While we are still trying to understand the implications of what will be, we are already experiencing the consequences of this new era . Just think of virtual assistants like Amazon's Alexa or Apple's Siri, the personalized recommendations we turks and caicos islands email list receive on Netflix or GPS systems that suggest the fastest routes or advanced Marketing Automation techniques . As Salesforce states, " the Fourth Industrial Revolution is paving the way for transformations in the way we live and is radically transforming almost every sector of business".

After taking a quick look at the transformation that has already taken place in this era (and how much our lives and behavior have already changed, in fact), there is a crucial question we need to answer:

What is the Fourth Industrial Revolution?
Klaus Schwab, founder of the World Economic Forum and author of The Fourth Industrial Revolution , coined this term to describe the industrial revolution: “…characterized by a fusion of technologies that is blurring the boundaries between the physical, the digital and the biological.” How did we get here? Let’s take a quick historical tour of the various industrial revolutions to understand the progress we have made over the years, in the world of business and industry.

As mentioned above, the First Industrial Revolution used steam power to mechanize production. The Second Industrial Revolution created mass production using electricity, and the Third automated production through electronics and information technology. This Salesforce diagram shows some of the inventions that characterized these revolutions.