The Fourth Industrial Revolution aims to leverage differences between the physical, digital, and biological sphere. It integrates cyber-physical systems and the Internet of Things, big data and cloud computing, robotics, artificial-intelligence based systems and additive manufacturing. Compared to previous industrial revolutions, the fourth one is evolving at an exponential rather than at a linear pace.
This development can potentially raise globe income levels and improve the quality of life for populations around the world. It produces several effects:
The European Commission, under the responsibility of the Commissioner for Digital Economy and Society, Guenther Oettinger, launched on 19 April a strategy on digitising the European industry.