Industry 4.0

Concept and definition

Industry 4.0

What is Industry 4.0?

Industry 4.0 is a concept that refers to the fourth industrial revolution, characterised by the digitalisation and automation of industrial production processes through the application of information and communication technologies, such as artificial intelligence, machine learning, the internet of things, robotics and cloud computing. Industry 4.0 seeks to improve the efficiency, productivity, quality and flexibility of industrial production, as well as to promote product customisation and the reduction of costs and production times. Artificial intelligence and machine learning are key tools in Industry 4.0 for automated decision-making, predictive maintenance and optimisation of production processes.

« Back to glossary

Do you want to get in touch?

CDRs contain data that a telecommunications company collects about phone calls, such as time and length of call. This data can be used in analytical applications.
Fill the form
Share:
What is Artificial Intelligence doing today for the financial sector?

The Official Chamber of Commerce of Seville, in collaboration with the Spanish Institute of Financial Analysts (IEAF), offered last March 16th [...]

Read More »
How artificial intelligence impacts software as a service (SaaS) companies

Software as a Service (SaaS) companies have gained enormous prominence in the last few years, mainly due to the novelty of the products [...]

Read More »
Types of analysis performed with Big Data

Big data analytics is the process of analyzing large and complex data sources to uncover trends, patterns, customer behaviors, and other data sources [...]

Read More »
What is chargeback? Find out how it affects your business

Chargeback refers to refunds that occur when, at the request of a cardholder, the bank requests a refund on his or her behalf [...].

Read More »
See more entries
© Gamco 2021, All Rights Reserved - Legal notice - Privacy - Cookies