Browse Definitions :
Definition

Fourth Industrial Revolution

The Fourth Industrial Revolution is the current and developing environment in which disruptive technologies and trends such as the Internet of Things (IoT), robotics, virtual reality (VR) and artificial intelligence (AI) are changing the way modern people live and work. The integration of these technologies into manufacturing practices is known as Industry 4.0

The Third Industrial Revolution, sometimes called the digital revolution, involved the development of computers and IT (information technology) since the middle of the 20th century. The Fourth Industrial Revolution is growing out of the third, but is considered a new era rather than a continuation because of the explosiveness of its development and the disruptiveness of its technologies. According to Professor Klaus Schwab, Founder and Executive Chairman of the World Economic Forum and author of The Fourth Industrial Revolution, the new age is differentiated by the speed of technological breakthroughs, the pervasiveness of scope and the tremendous impact of new systems.

The First Industrial Revolution, in the 18th and 19th centuries, involved a change from mostly agrarian societies to greater industrialization as a consequence of the steam engine and other technological developments. The next technological age, the Second Industrial Revolution was driven by electricity and involved expansion of industries and mass production as well as technological advances.

Specific technologies of the Fourth Industrial Revolution include, but are not limited to:

industrial revolution comparison
Comparing each of the Industrial Revolutions
This was last updated in December 2020

Continue Reading About Fourth Industrial Revolution

Networking
  • Network as a Service (NaaS)

    Network as a service, or NaaS, is a business model for delivering enterprise WAN services virtually on a subscription basis.

  • network configuration management (NCM)

    Network configuration management is the process of organizing and maintaining information about all of the components in a ...

  • presentation layer

    The presentation layer resides at Layer 6 of the Open Systems Interconnection (OSI) communications model and ensures that ...

Security
  • crypto wallet (cryptocurrency wallet)

    A crypto wallet (cryptocurrency wallet) is software or hardware that enables users to store and use cryptocurrency.

  • zero-day (computer)

    A zero-day is a security flaw in software, hardware or firmware that is unknown to the party or parties responsible for patching ...

  • backdoor (computing)

    A backdoor attack is a means to access a computer system or encrypted data that bypasses the system's customary security ...

CIO
HRSoftware
  • team collaboration

    Team collaboration is a communication and project management approach that emphasizes teamwork, innovative thinking and equal ...

  • employee self-service (ESS)

    Employee self-service (ESS) is a widely used human resources technology that enables employees to perform many job-related ...

  • learning experience platform (LXP)

    A learning experience platform (LXP) is an AI-driven peer learning experience platform delivered using software as a service (...

Customer Experience
  • social media influence

    Social media influence is a marketing term that describes an individual's ability to affect other people's thinking in a social ...

  • headless commerce (headless e-commerce)

    Headless commerce, also called headless e-commerce, is a platform architecture that decouples the front end of an e-commerce ...

  • chief customer officer (CCO)

    A chief customer officer, or customer experience officer, is responsible for customer research, communicating with company ...

Close