Industry 4.0 refers to the intelligent networking of machines and processes for industry with the help of information and communication technology
Big data is a term that describes large, hard-to-manage volumes of data – both structured and unstructured – that inundate businesses on a day-to-day basis. ... It's what organizations do with the data that matters. Big data can be analyzed for insights that lead to better decisions and strategic business moves.
A cyber-physical system (CPS) or intelligent system is a computer system in which a mechanism is controlled or monitored by computer-based algorithms. In cyber-physical systems, physical and software components are deeply intertwined, able to operate on different spatial and temporal scales, exhibit multiple and distinct behavioral modalities, and interact with each other in ways that change with context.
The smart factory is a concept used to describe the application of different combinations of modern technologies to create a hyperflexible, self-adapting manufacturing capability. ... Smart factory initiatives might also be referred to as “digital factory” or “intelligent factory.”