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Industry 4.0
The Fourth Industrial Revolution, 4IR, or Industry 4.0, conceptualizes rapid change to technology, industries, and societal patterns and processes in the 21st century due to increasing interconnectivity and smart automation. The term has been used widely in scientific literature, and in 2015 was popularized by Klaus Schwab, the World Economic Forum Founder and Executive chairman. Schwab asserts that the changes seen are more than just improvements to efficiency, but express a significant shift in industrial capitalism. A part of this phase of industrial change is the joining of technologies like artificial intelligence, gene editing, to advanced robotics that blur the lines between the physical, digital, and biological worlds. Throughout this, fundamental shifts are taking place in how the global production and supply network operates through ongoing automation of traditional manufacturing and industrial practices, using modern smart technology, large-scale machine-to-mac ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ocado Group
Ocado Group is a British business based in Hatfield, England, which licenses grocery technology. It owns a 50% share of Ocado.com (the other 50% is owned by UK retailer Marks & Spencer) and licenses its grocery fulfilment technology to global retailers, such as Kroger in the USA and Coles Group in Australia. The company was floated on the London Stock Exchange on 21 July 2010, and is a member of the FTSE 100 Index. Ocado.com or Ocado Retail Limited (ORL) is a British online supermarket and describes itself as 'the world's largest dedicated online grocery retailer'. History Ocado was founded in April 2000 by Jonathan Faiman, Jason Gissing and Tim Steiner, former merchant bankers with Goldman Sachs. Ocado was launched in January 2000 as a concept and started trading as a business in partnership with Waitrose in January 2002. When the company first started, Faiman, Gissing and Steiner ran every part of the business themselves. In September 2006, Michael Grade became no ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
