Recent business evolution has been classified as follows:
The 4th Industrial Revolution
Focuses on the driving changes resultant from cyber-physical systems (CPS) leverage melding of physical, digital, and biological worlds.
The Internet of Value
Portrays the expanded utilization of the internet to include payments.
Industry 4.0
Also called “Smart Factory”, this recognizes the ability for processes and machines to adapt in real time, in a self-directed fashion.
Fintech
A moniker for “Financial Technology”, this broadly refers to the application of advanced technology in the finance industry, and the disruptive business models these have enabled.
Web 3.0
The third stage of internet development, where semantic understanding, artificial intelligence, and ubiquitous access enabled by mobile devices and the Internet of Things (IoT), transforms the web into an integral component informing our everyday lives.