The Metaverse is a new third wave of industry trends that will become more and more important over the next 10 to 20 years. At the singularity moment of the metaverse, the point in time at which technological growth becomes uncontrollable and irreversible, digital assets will be more valuable than physical assets.

Improving production efficiency is the foundation for the manufacturing industry to gain a firm foothold. The manufacturing industry achieves smart operations by introducing AI applications, automatically identifying abnormalities, or making adjustment suggestions, and assisting companies in achieving more accurate adjustments to machines and upgrading equipment. During the process, the traditional manufacturers are transformed into the smart manufacturers.

After "Cloud Computing", a new term "Fog Computing" has been added in recent years. It mainly comes from the phrase "fog is a cloud closer to the ground".

Industry 4.0 is well underway and already having a big impact on manufacturing throughout the world. Technologies such as IIoT, big data and analytics, digital twin/thread, and the smart connected factory and supply chain are all elements of Industry 4.0 that are becoming ubiquitous in almost every manufacturing company.

Artificial intelligence illuminates the evolution of IoT and promotes three key application areas.