The term Industry 4.0 (Industrie 4.0) was originally introduced in 2011, but Klaus Schwab, Executive Chairman of the World Economic Forum used the term Fourth Industrial Revolution in the 2015 article. Whatever it is, it seems that the core technology of IR 4.0 is actually the Internet of Things (IoT) because it builds the foundation of Cyber-Physical and usage of data for technologies like Artificial Intelligence, Robotics, Big Data Analytica, and many others.
IoT is not becoming mainstream after Kevin Ashton, known as the Father of IoT, coined the term “IoT” in 1999. It took quite a while before several other related technologies made this possible and cheaper. Since 2015, IoT has become the buzz word for many and now the industry is in need of more talented people in building IoT solutions. We need both the supply and demand side to know the benefits of IoT and how it can transform our businesses. Thus, the birth of “Generation-IoT”, the people who believe in IoT and want to see it at work.