Industry 4.0
Industry 4.0 represents the fourth industrial revolution that involves fully connected cyber physical systems that perform bulk of manufacturing tasks. A factory employing this technology, also known as the smart factory, uses data from connected operations and production systems and applies Artificial Intelligence (AI) to learn and adapt to new information.
Internet of Things
Internet of Thigs (IoT) is a technology where numerous devices such as mobile phones, security cameras, TV, home appliances and etc. are connected to the internet and communicate with each other to share information of common interest. Machine Learning and Artificial Intelligence (AI) algorithms are usually applied on this data allowing their users to monitor the performance of connected devices efficiently and can also optimize their usage. IoT with its expansion has given birth to some new technologies such as the concept of Smart Homes, Industry 4.0.
Computer Vision
Computer vision means training a computer to understand human visual sense and provide required useful information based on its observation. It is a scientific study which deals with artificial intelligence based systems. Computer vision is involved in object segmentation, object classification and object recognition etc. Another example of computer vision is detecting a specific object in images and calculating its geometric parameters up to maximum possible precision. Computer Vision algorithms usually involve basic image processing techniques such as converting RGB image into binary image, applying edge detection filters and some morphological operations.