Innovation

Glossary

Internet of Things (IoT) and Industry 4.0

Internet of Things (IoT) and Industry 4.0 are often used synonymously, though describe different aspects. While Industry 4.0 (also see big data industry 4.0) describes the superior organizational concept of a digitally connected industry, the IoT is a technological part of this overall concept which connects the different protagonists and intelligently supports their decision-making process. As part of the Industry 4.0 concept, the Internet of Things is complemented by cyber-physical systems and cloud computing.