Industry 4.0

It was a long summer of discontent for universities, who took a pummelling from Fleet Street and various lords a leaping. But now they are back to the serious job of educating people for a rapidly-changing world. Most commentators are clear about the trajectory and drivers of these changes, but not the speed.
Mass adoption of the Internet introduced the Third Industrial Revolution, which completely upended the ways in which we live and work. Now, experts are starting to weigh in on the Fourth Industrial Revolution - the rise of digital lifestyles and the new ways in which technology becomes embedded within societies, business and even the human body.
The theory behind Industry 4.0 is that it will effectively create what has been called a 'smart factory', which utilises cutting edge technology, including cyber-physical systems, the Internet of things and cloud computing, in order to monitor the physical processes of a factory and make informed, decentralised decisions.