Water and steam power served as the foundation for the first "Industrial Revolution" in human history, as well as the means of production. Electrical energy's development ushered in "2. The Industrial Revolution. Electronic devices, computers, and automation were all part of the third industrial revolution, commonly referred to as the "Digital Revolution."

Technology, communication, our thoughts, emotions, and our way of life—especially after the third stage—all... The development never halted and everything accelerated.

The fourth industrial revolution, sometimes known as "Industry 4.0," is currently taking place. Initial actions have already been taken. In general, "Industry 4.0" refers to the technological reshaping of the still prevalent industrial approach. Its covert goal is to shift human power from the physical to the mental.

The influence of capital power has diminished in the conventional sense; everything is based on advanced industrial techniques, digitization, and technology. The capital as now defined won't be as strong as it once was. Applications like Instagram and WhatsApp, for instance, don't require much funding. The "Global Economic Life" will soon take on this idea and development, which are currently being discussed and even realised around the globe.

This most recent industrial development is being led by Germany. The rise in German industrial productivity over the next ten to fifteen years will result in a benefit of 150 billion euros. In this race, the United States and Europe also participated. Physical machinery, components, tools, and equipment will be able to communicate with one another over the internet thanks to "Industry 4.0."

The role and purpose of big data, sometimes known as "BIG DATA," in Industry 4.0 are crucial. Describe BIG DATA.

The amount of data that needs to be saved is growing quickly as a result of the Internet's broad use, technological advancements, the expansion of the virtual world, and the media. Information is now being gathered in a way that has a unique and relevant quality. Information now has a new value that is both numerically and qualitatively valuable, and access to it is now much faster.

BIG DATA is;

It is the format in which all data gathered from many sources, including social media shares, blogs, videos, and log files, is translated into a useful and practical level. Today's path has been established by "Big Data." From what was once referred to as "information junk," it has caused the birth of a useable, extremely significant, and helpful treasure.

Big Data empowers businesses to accurately assess and decide on their strategic choices, as well as to more effectively manage risks. Consumer trends can be predicted dynamically. Every online action a consumer takes is part of big data.

Consider each website a person visits throughout the day, as well as each page he clicks on. Millions of individuals do this every second.

... Here is where the work of "Big Data" is challenging and extremely successful. Based on its outcomes, "Big Data" analysis is performed. Future business success for companies depends on taking action.

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