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The 4th Industrial Revolution, or Industry 4.0, is the trend of utilizing a massive amount of available information to streamline processes, and the integration of automation in the development of new technologies. It is not so much a completely new technology or manufacturing structure; rather, it is a trend. The Internet in the 1990s started revolutionizing the way we exchanged information with each other. The world's first Integrated Circuit Circuit (IoT) is bringing us closer to a fully digitized world. Smart homes and factories are becoming ‘smart’ entities.