Digitalization is our passion
Glossary / Terminology
4IR, I40, Smart, IoT, digitization are only a few of the terms thrown around.
Refer to our framework as to how we define our digital environment.
4 Dimensions of New Digital Age
- Change accelerators?
Data and networking
4th Industrial Revolution (4IR)
Provides the ability to connect and control
digital and physical Elements
Period after 2010
Combines data (cyber) with atoms (physical)
Creates a virtual copy of the physical world
Monitoring and control of physical processes
Allows for remote and decentralized decisions
Closely links human activity to technology
Profound and accelerating transformation of activities, processes, competencies and models to leverage the full potential of technology
Creating a digital version of analogue/physical things such as paper documents, photographs, sounds etc.
Converting non-digital items into a digital format
The automation of a process by digitizing information and injecting technology for the purpose of automation, optimization or process improvements
3rd Industrial Revolution
Allows for control over basic Information Technology
Period between1970 and 2010
Machines for Data Manipulation
Varied uses of Software around Design & Analysis
Computer as “work-horse”
Data-islands as Challenge
Industrie 4.0 or similiar
Originated in Germany and then transferred to the EU
Trend of automation and data exchange in manufacturing and includes cyber-physical systems, Internet of things and cloud computing
Similar concepts are found in the USA and China
Smart” is the merger of four phenomena:
Internet of things;
Internet of data;
Internet of services; and
Internet of people
This creates smart industries or applications
World Economic Forum view
A fundamental change in the way we live, work and relate to one another
It is a new chapter in human development, enabled by extraordinary technology advances similar to other three preceding revolutions
Internet of Things (IoT)
IoT is a system of interrelated computing devices, mechanical and digital machines provided with unique identifiers and the ability to transfer data over a network without requiring human-to-human or human-to-computer interaction
Machine learning (ML) is the scientific study of algorithms and statistical models that computer systems use to perform a specific task without explicit instructions, relying on patterns and inference instead
ML is a sub-set of AI (Source: Wikipedia)
World Economic Forum view
Machine vision (MV) is the technology and methods used to provide imaging-based automatic inspection and analysis for such applications as automatic inspection, process control, and robot guidance, usually in industry (Source: Wikipedia)
Digital transformation is all about communication and understanding.
Our short-videos will take you on a quick explainer journey.