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Market Pulse

Market Pulse November 2018

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The Fourth Industrial Revolution, also termed as Industry 4.0, is marked by emerging technology breakthroughs in a number of fields, including robotics, artificial intelligence, nanotechnology, quantum computing, biotechnology, The Internet of Things (IoT), 3D printing and autonomous vehicles. The First Industrial Revolution used water and steam power to mechanize production. The Second used electric power to create mass production. The Third used electronics and information technology to automate production and the Fourth is building on the digital revolution that has been occurring since the middle of the last century. It is said to be characterized by a fusion of technologies that is obscuring the barriers between the physical, digital, and biological spheres.