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Sofia, BULGARIA: Dictionaries are displayed for sale 14 December 2006 at an open-air bookmarket in
Sofia. Bulgaria is the second country after Greece to bring a new alphabet into the Latin-dominated
European Union. AFP PHOTO / DIMITAR DILKOFF (Photo credit should read DIMITAR
DILKOFF/AFP/Getty Images) | Dimiotar Dilkoff/AFP via Getty Images
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30/08/2017 Industry 4.0 jargon buster POLITICO
PUBLICIDADE
Big data A term so broad hardly anyone knows what it means. Used to describe the
collection and storage of hugequantities of data, big data is generallycharacterized by
a high quantity of the3Vs:volume, velocity, and variety.
Digital natives Your teenager on her iPhone at the dinner table.Late tech adopters of
older generationsare affectionately termed digital immigrants.
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30/08/2017 Industry 4.0 jargon buster POLITICO
MATTHEW KARNITSCHNIG
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The data lifecycle
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Key policy areas in Industry 4.0
CHRIS SPILLANE
M2M Machine to Machine communication. The term applies to both wireless and
wired operations,and describes the technology that undergirds the Internet of Things.
Smart Factory Also called a digital factory. Used to describe factories monitored by
artificially intelligent machinesthat overseemanufacturing. They have been called
paradises of efficiency because, by relying on virtual product blueprints instead
ofphysical prototypes, they will dramatically reduce the manpower required on the
factory floor.
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