Introduction of Industry 4.0 in the Semiconductor and Sensors Market

Published: 15 Sep 2017

Industry 4.0 came into being first in Germany where the government wanted to promote high tech manufacturing. The concept has been compared to the fourth industrial revolution with pioneering entrepreneurs such as Jeff Bezos, Elon Musk etc., all having joined the fray in some way or the other. However, was it not seen to be coming? In 1965, Gordon Moore of Fairchild Semiconductors in his legendary article “Cramming more components onto integrated circuits” wrote as to how the number of semiconductors would double in about every 18 months. That would translate into a CAGR of about 58% ‼ The only thing is that it has continued for long enough to help Bezos create behemoths such as Amazon. We have undermined the power of computing it seems. “At that rate in about the next 30 years, a $1,000 laptop would be able to do about 10^26 calculations per second. That would be an equivalent of all brains of the entire human race put together.” (Quoted from the book: Abundance, Peter H Diamandis, Steven Kotler)

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