The 4th industrial revolution, also known as Industry 4.0, refers to the current trend of automation and data exchange in manufacturing technologies, including the Internet of Things (IoT), artificial intelligence (AI), and cognitive computing. It is characterized by a fusion of technologies that blur the lines between the physical, digital, and biological spheres. The creation of “smart factories,” in which machines and systems can communicate and cooperate with each other, making the production process more efficient and flexible, is the primary goal. Smart factories blend several new technologies together, such as the Internet of Things (IoT), artificial intelligence (AI), and robotics, to create manufacturing processes that are more efficient, flexible, and adaptable.