The Internet of Things will power the Fourth Industrial Revolution. Here’s how

https://medium.com/world-economic-forum/the-internet-of-things-will-power-the-fourth-industrial-revolution-heres-how-39932f03df1

By 2020 more than 50 billion things, ranging from cranes to coffee machines, will be connected to the internet. That means a lot of data will be created — too much data, in fact, to be manageable or to be kept forever affordably.

One by-product of more devices creating more data is that they are speaking lots of different programming languages. Machines are still using languages from the 1970s and 80s as well as the new languages of today. In short, applications need to have data translated for them — by an IoT babelfish, if you will — before they can make sense of the information.

Then there are analytics and data storage.

security becomes even more important as there is little human interaction in the flow of data from device to datacentre — so called machine-to-machine communication.

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more on IOT in this IMS blog
https://blog.stcloudstate.edu/ims?s=iot

more on industry 4.0 in this IMS blog
https://blog.stcloudstate.edu/ims?s=industrial+revolution