siliconindia | | January 20208IN MY OPINIoNWith his multi-disciplinary exposure and experience, he has won and managed varied assignments including leasing of: Built-to-Suit industrial and logistics assets, express distribution centers and othersBy Jasmine Singh, Head - Industrial Services, India,CBRE South Asiaver the past 200 odd years, the world has gone through four in-dustrial revolutions. The first was Mechani-cal Production followed by Mass Production and then Au-tomated Production. The fourth one, currently taking place, is termed as Intelligent Production, which encompasses the advent of technology; better known as Industry 4.0 (I4). According to a recent CBRE report titled "Digitally Remas-tered - What Industry 4.0 means for Asia Pacific Industrial & Lo-gistics Real Estate" until now, it hadn't been necessary to dis-tinguish between the Internet of People (IoP) and the Internet of Things (IoT). However, with internet-enabled devices hav-ing permeated all aspect of our lives - our homes, workplaces and factories - the IoT is becom-ing a new frontier for technologi-cal innovation and advancement. While, the IoP is already gener-ating ever growing volumes of data, the growing presence of IoT will generate much more data that will need to be managed. The Manufacturing sector continues to remain an important part of many major economies across Asia. In India, this seg-ment has witnessed exponential growth over the past few years, emerging as a leading sector in the country's economic growth. While policy initiatives and re-forms are helping the market grow, the changes driven by I4 are likely to have a tremendous impact on not just our economy but the economies and societies in the region. THE WAREHOUSING INDUSTRY: WITNESSING DIGITAL REMASTERINGO
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