This is the midst of a fourth revolution of technological advancement: the rise of new digital industrial technology known as Industry 4.0, the phenomenon of Industry 4.0 was first mentioned in 2011 in Germany. Industry 4.0 represents the fourth revolution that has occurred in manufacturing from the first industrial revolution to mass production. Which is based on the concepts and technologies that include cyber-physical systems, the Internet of things (IoT), and the Internet of services based on perpetual communication via Internet which gives permission of interaction and exchange of information between humans and human and machine and also between the machines themselves? This communicational interaction influences the establishment of knowledge management 4.0.

Revolution industry 4.0 was started in the adoption of computers and automation and enhance it with smart and autonomous systems fuelled by information or data and machine learning. The consequences of the development of technologies such as 3D printing, the development of online sales services such as car services, medical examinations from home, ordering food directly sent from the store to the refrigerator, and so on, will have a significant impact on changes in small and medium-sized enterprises.

The concept or idea’s includes:

Smart manufacturing

Smart factory

Lights out (manufacturing) also known as dark factories

Industrial internet of things also called the internet of things for manufacturing

The Nine Pillars of Technological Advancement : – 

IoT

Big Data

Cloud Computing

Advanced Simulation

Autonomous systems

Universal Integration

Augmented Reality

Additive Manufacture

Cyber Security

Today’s uses of Industry 4.0:-

Industry 4.0 could influence their business or struggling to find the knowledge to know how to better adapt it for their unique use cases or applications, several others are implementing changes today and get ready for the future where smart machines improve or grow their business.

Conclusion:-

This is the time to focus on the importance and effects of Industry 4.0 and the Internet-connected technologies for the creation and evaluation of value-added for organizations and society. Indeed, the fourth industrial revolution is happening no; it requires from every company and every individual rethinking of what is desired from the smart project and smart Internet-connected devices.