History of industrial revolution (from 1.0 to 5.0) 1780 — Industry 1.0 — Mechanization Industrial production based on machines powered by water and steam 1870 — Industry 2.0 — Electrification Mass-production using assembly lines 1970 — Industry 3.0 — Automation using electronics and computers 1980 — Industry 3.5 — Globalization Offshoring of production to low-cost economies Today — Industry 4.0 — Digitalization Introduction of connected devices, data analytics and artificial intelligence technologies to automate processes further Future — Industry 5.0 — Personalization The fifth industrial revolution, or Industry 5.0, will be focused on the co-operation between man and machine, as human intelligence works in harmony with cognitive computing. By putting humans back into industrial production with collaborative robots, workers will be up skilled to provide value-added tasks in production, leading to mass customization and personalization for custo...