Industry 1.0 In the 1800s, water- and steam-powered machines were developed to aid workers. As production capabilities increased, business also grew from individual cottage owners taking care of their own — and maybe their neighbors’ — needs to organizations with owners, managers and employees serving customers. Summary: Rise of Industry is a strategic tycoon game that puts you in the shoes of an early 20th-century industrialist. Build and manage your growing empire in a living, breathing, and procedurally generated world that is constantly evolving and adapting to your playstyle. We're sorry but roicalc doesn't work properly without JavaScript enabled. Please enable it to continue.
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Industrial Revolution article originally created by, and permission to publish here provided by, Jenis Sheth.
The history of Industry 4.0 tracks the manufacturing industry from the industrial revolution to the digital transformation and beyond.
Each new stage represents advancement of the industrial revolution in the manufacturing process that has changed the way we think about and work in the industry.
Industry 1.0
Dating back to around 1760, the First Industrial Revolution was the transition to new manufacturing processes using water and steam. It was hugely beneficial in terms of manufacturing a larger number of various goods and creating a better standard of living for some. The textile industry, in particular, was transformed by industrialization, as was transportation.
Fuel sources like steam and coal made machine use more feasible, and the idea of manufacturing with machines quickly spread. Machines allowed faster and easier production, and they made all kinds of new innovations and technologies possible as well.
Industry 2.0
The first Industrial Revolution represented the period between the 1760s and around 1840. This is where the second industrial revolution picked up. Historians sometimes refer to this as “The Technological Revolution” occurring mainly in Britain, Germany and America.
During this time, new technological systems were introduced, most notably superior electrical technology which allowed for even greater production and more sophisticated machines.
Industry 3.0
It began with the first computer era. These early computers were often very simple, unwieldy and incredibly large relative to the computing power they were able to provide, but they laid the groundwork for a world today that one is hard-pressed to imagine without computer technology.
Around 1970 the Third Industrial Revolution involved the use of electronics and IT (Information Technology) to further automation in production. Manufacturing and automation advanced considerably thanks to Internet access, connectivity and renewable energy.
Industry 3.0 introduced more automated systems onto the assembly line to perform human tasks, i.e. using Programmable Logic Controllers (PLC). Although automated systems were in place, they still relied on human input and intervention.
Industry 4.0
The Fourth industrial Revolution is the era of smart machines, storage systems and production facilities that can autonomously exchange information, trigger actions and control each other without human intervention.
This exchange of information is made possible with the Industrial Internet of things (IIoT) as we know it today. Key elements of Industry 4.0 include:
- Cyber-physical system — a mechanical device that is run by computer-based algorithms.
- The Internet of things (IoT) — interconnected networks of machine devices and vehicles embedded with computerized sensing, scanning and monitoring capabilities.
- Cloud computing — offsite network hosting and data backup.
- Cognitive computing — technological platforms that employ artificial intelligence.
“Industry 4.0 starts to move towards Industry 5.0 when you begin to allow customers to customize what they want
What Is Industry 5.0?
Less than a decade has passed since talk of Industry 4.0 first surfaced in manufacturing circles, yet visionaries are already forecasting the next revolution — Industry 5.0. If the current revolution emphasizes the transformation of factories into IoT-enabled smart facilities that utilize cognitive computing and interconnect via cloud servers, Industry 5.0 is set to focus on the return of human hands and minds into the industrial framework.
Industry 5.0 is the revolution in which man and machine reconcile and find ways to work together to improve the means and efficiency of production. Funny enough, the fifth revolution could already be underway among the companies that are just now adopting the principles of Industry 4.0. Even when manufacturers start using advanced technologies, they are not instantly firing vast swaths of their workforce and becoming entirely computerized.
“With Industry 5.0, you’ll be able to automate the manufacturing process better, which means you’ll have real-time data coming in from the field
The Industrial Revolution
As technological innovations become ever more rapid, revolutions could ultimately follow one another in quick succession over the next 10 years and beyond. Whereas the first three industrial revolutions took decades to play out, today’s revolutions last only as long as it takes for industry-wide implementation to complete itself. It’s important to note that Manufacturing 5.0 is an upgrade of 4.0 and not entirely new.
Overall, the development of Industry 5.0 could prove to be the full realization of what the architects of Industry 4.0 had only dreamed of at the dawn of the 2010s. As artificial intelligence improves and factory robots assume more human-like capabilities, the interaction between computers, robots and human workers will ultimately become more meaningful and mutually enlightening.
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Beth McGroarty; [email protected] +1.213.300.0107
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The Global Wellness Institute (GWI) is recognized as the leading source for authoritative wellness industry research. Since 2007, the GWI has commissioned and published numerous research reports on the $4.5 trillion global wellness economy, including its flagship publication, the Global Wellness Economy Monitor. All reports are available free to the public. Data and highlights from recent studies are below. To download all GWI research, including special reports for certain geographic areas, visit Wellness Industry Research.
Global Wellness Economy
Updated data and trends are provided in the most recent GWI Global Wellness Economy Monitor (released in October 2018, with data for 2017).
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Download Full Report| Download Report Graphs| Download 2019 Economy Bubble Chart
- The global wellness economy is currently valued at $4.5 trillion (2018 data).
- Wellness expenditures ($4.5 trillion) are more than half as large as total global health expenditures ($7.8 trillion, based on WHO data).
- The industry grew by 6.4 percent annually from 2015–2017, from a $3.7 trillion to a $4.2 trillion market, nearly twice as fast as global economic growth (3.6 percent annually, based on IMF data).
- The wellness industry represents 5.3 percent of global economic output.
- Among the 10 wellness markets analyzed, revenue growth leaders from 2015–2017 (per annum) were the spa industry (9.8 percent), wellness tourism (6.5 percent) and wellness real estate (6.4 percent).
Key sectors include:
- Personal Care, Beauty and Anti-Aging ($1,083 billion)
- Healthy Eating, Nutrition and Weight Loss ($702 billion)
- Wellness Tourism ($639 billion)
- Fitness and Mind-Body ($595 billion)
- Preventative and Personalized Medicine and Public Health ($575 billion)
- Traditional and Complementary Medicine ($360 billion)
- Wellness Lifestyle Real Estate ($134 billion)
- Spa Economy ($119 billion)
- Thermal/Mineral Springs ($56 billion)
- Workplace Wellness ($48 billion)
Global Physical Activity Economy
First-ever research report on the six-sector global physical activity economy, including the fitness, sports & active recreation, mindful movement, equipment, apparel/footwear and technology markets.
Download Full Report| Download Report Graphs
Download Full Report| Download Report Graphs
- The physical activity economy will surpass $1.1 trillion by 2023.
- Asia-Pacific will overtake North America as the largest market accounting for an eye-opening 40 percent of all global growth through 2023.
- China and India together will drive nearly one-third of all growth.
- Mindful movement will be the #1 growth sector (12 percent annually from 2018–2023).
- Technology will be the second-fastest-growing market (8.6 percent annually).
Wellness Tourism
Access the latest wellness tourism data and trends in the most recent GWI Global Wellness Tourism Economy report (released in November 2018, with data for 2017).
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Download Full Report | Download Report Graphs Money pro 2 4 0.
- Wellness tourism is a $639 billion market in 2017, projected to reach $919 billion by 2022.
- Wellness tourism grew by 6.5 percent annually from 2015–2017, more than twice as fast as tourism overall (3.2 percent annually, based on Euromonitor data).
- World travelers made 830 million international and domestic wellness trips in 2017, representing 17 percent of all tourism expenditures.
- International wellness tourists on average spent $1,528 per trip, 53 percent more than the typical international tourist. Domestic wellness tourists spent $609 per trip, 178 percent more than the average domestic tourist.
- Secondary wellness travelers account for 89 percent of wellness trips and 86 percent of expenditures.
Wellness Communities
In-depth global data and key measurements are provided in GWI’s 2018 Build Well to Live Well report.
Download Full Report
Download Full Report
- Wellness real estate is a $134 billion global market in 2017, projected to grow to $198 billion in 2022.
- The sector grew by 6.4 percent annually from 2015–2017.
- Wellness real estate represents about 1.5 percent of the total annual global construction market and about half the size of the global green building industry.
- The top five markets are the United States ($52.5 billion), China ($19.9 billion), Australia ($9.5 billion), UK ($9.0 billion) and Germany ($6.4 billion).
- There are 740 wellness lifestyle real estate and communities built, partially built, or in development across 34 countries.
- GWI estimates that sales price premiums for wellness lifestyle real estate developments average 10–25 percent over conventional residential developments.
Workplace Wellness
In-depth data and analysis are provided in GWI’s 2016 The Future of Wellness at Work report.
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Download Full Report
- Workplace wellness is a $48 billion market in 2017, projected to grow to $66 billion in 2022.
- The sector has been growing by 4.8 percent annually from 2015–2017.
- GWI estimates that only 10 percent of the world’s workers have access to workplace wellness programs and services, mostly concentrated in North America and Europe.
- GWI estimates that workforce unwellness (chronic disease, work-related injuries and illnesses, work-related stress, and employee disengagement) may cost the global economy 10–15 percent of economic output every year.
Spa Industry
Updated data and trends are provided in the most recent GWI Global Wellness Economy Monitor (released in October 2018, with data for 2017).
Download Full Report
Download Full Report
- In 2017, there were over 149,000 spas, earning $93.6 billion in revenues and employing nearly 2.5 million workers.
- The spa sector has been growing by 9.9 percent annually from 2015–2017, and it is projected to reach $128 billion in 2022.
- The top five markets are United States ($20.8 billion), China ($8.2 billion), Germany ($6.7 billion), Japan ($5.7 billion) and France ($3.6 billion).
- GWI projects that in order to staff the growing global spa business, the industry will need an additional 300,000 trained spa therapists and 54,000 experienced spa managers/directors (above the current level) by 2022.
Thermal/Mineral Springs
Updated data and trends are provided in the most recent GWI Global Wellness Economy Monitor (released in October 2018, with data for 2017).
Download Full Report
Download Full Report
- There are an estimated 34,057 thermal/mineral springs establishments operating in 127 countries.
- Thermal/mineral springs businesses earned $56.2 billion in revenues in 2017, and they employed an estimated 1.8 million workers.
- This sector has been growing by 4.9 percent annually from 2015–2017, and it is projected to reach $77 billion in 2022.
- The thermal/mineral springs industry is heavily concentrated in Asia-Pacific and Europe, which together account for 95 percent of industry revenues and 94 percent of establishments.
- Top markets include China ($17.5 billion), Japan ($12.8 billion) and Germany ($7.2 billion).
Beauty & Anti-Aging
The GWI partnered with Anjan Chatterjee, MD, FAAN, University of Pennsylvania to produce the Beauty2Wellness: Mitigating Barriers and Building Bridges report. Download the full Beauty2Wellness report here.
Key findings:
- A natural preoccupation with beauty can contribute to unfair judgments of personality and character attributes, such as intelligence and trustworthiness.
- People make automatic inferences about a person’s personality when they look at a face.
- Men are especially susceptible to adverse biases.
- Concepts that bridge beauty and wellness include nutrition, fitness and products.
Key Charts from GWI Research Reports
Global Wellness Institute research reports are made available to the public at no cost; download your complimentary copies here.
![Divided Divided](https://pcgamestorrents.com/wp-content/uploads/2019/11/Rise-of-Industry-2130-Free-Download-1.jpg)
Please note that all reports are the property of the Global Wellness Institute. Quotation of; citation from; and reference to any of the data, findings and research methodology from the report must be credited to the Global Wellness Institute. To obtain permission for copying and reproduction, please contact the Global Wellness Institute by email at [email protected].
Click charts to enlarge.