ABSTRACT

Industry 4.0 was founded in the year 2011, and it means a more advanced stage of industrialization in which the entire process is handled by automatic or artificial intelligence (AI)-enabled machines leaving very limited scope for human intervention. This industrial revolution equipped the production process with more advanced equipment that is adding more value to goods produced in the industries (Xu et. al., 2021), thus providing an edge to the manufacturing sector over primary and tertiary sectors; it also helps to make better coordination among human labor and machines to attain improved and rapid outcomes in production units. It adds more satisfaction levels for clients through large and improved products at their disposal. AI makes machines capable to analyze and solve many complex production-related issues with comparatively less human labor intervention (Bai et. al., 2020). This technology has created a channel of a continuous flow of data over the network between machines of a particular organization and Electronic-Retailers (E-retailers). E-retailers will provide services like cloud computing and other services as per the data they will receive from machines of production unit over the network. Data of customers, manufacturers, workers, and so on are shared among machines over the internet, and these machines send data through sensors from client machine/computer system to service provider organization, and these service providers will analyze huge amounts of data with the help of high-tech computer systems and simultaneously process the data and provide results (Roblek et. al., 2016; and Mofolasayo et. al., 2022).