Why 11% of Industry 4.0 Global VC Funding Goes to Israel

Feb 27, 2018

When you hear “industrial revolution”, the first association likely to spring to mind is the transition to new manufacturing processes during the late 18th century. These days, however, industrial revolution refers to Industry 4.0 – smart automation, and technologies aimed at connecting physical industrial assets with digital insights, while digitizing the entire chain of production. Industry 4.0 is mainly driven by the IIoT – the Industrial Internet of Things, largely based on sensor-related technology, and the ability to process the data collected rapidly and accurately.

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