Technological developments have greatly increased productivity in production since the industrial revolution. In the 19th century, steam turbines gave power to the factories. Electrical energy allowed mass production in the 20th century. Automation was started in the 1970s. In the 21st century, Industry 4.0 or the Fourth Industrial Revolution greatly increased productivity in industrial facilities by adding automation with the help of Internet of Things, cloud systems and data analytics. A study conducted by Boston Consulting Group shows that the Fourth Industrial Revolution will enable 30 percent of the production systems to operate quickly, although its impact will vary from sector to sector, it will increase productivity between 15 and 25 percent. The World Economic Forum estimates that this increase in productivity will bring $ 3.7 trillion to world economy by 2025.
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