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        • Computational technologies. The technology allows the creation of smarter computers, with capacity to
        process a massive amount of data in a faster way. It allows the safe storage of data and access to any kind
        of information with Internet access. The implementation of computational technologies allows the cre-
        ation of complex data models and the rise in speed. The creation of innovative materials and the capacity
        of energy capture, storage and transmission represent a rising market sector.


        • The Internet of Things (IoT), covers the aggrupation and interconnection of different devices through a
        web where the interaction is created. For instance, it allows the businesses to collect customer data from
        connected products and use the data in order to offer tailored services and products.



        3.3 Industry 4.0 and its Impact



        The new technological revolution brought economic, cultural and social changes with an impact on the
        governments, economy, society and individuals. The most relevant impact is probably a result of the
        ‘’empowerment’’ of relevant stakeholders and actors, and its own recognition as part of a distributed
        power system that involves collaborative forms of interaction.


        The other positive impacts might be:


        • The technological development and innovations, the digital services, computing devices and networking
        have positive effects such as quick and accessible ways to education and information. Moreover, new
        educational disciplines are rising regarding those fields and offer new opportunities and skill development.

        • The technological development has effects on social media, making social platforms and apps more
        accessible and consequently more active, where communication is easily build and users can share
        opinions and ideas.


        • The increase on online shopping sites and quick delivery services make commodities more accessible and
        increase the economical benefits. In addition, thought the technology application, the customer or user
        receives smart recommendations.


        • Different sectors are benefited by the Industry 4.0, like the medical sector and the improvements in
        medical services and neuroscience. The agricultural sector has been influenced too by Bioengineering,
        machines’ improvement and incorporation of Artificial Intelligence for crops control and management.


        • The communities and regions are more interconnected, turning the world into a global village within
        which people and products are easily accessible.


        The negative impacts might be:


        • The over-reliance on technology has effects on the will of people, who prefer to just trust on computer
        instead of using intellect and physical capacities and power by themselves.
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