Hu Quan: Killer Applications in the Industrial 4.0 Era

In the era of Industry 4.0, from the perspective of the development cycle of the new technological revolution, in the stage of constructing a paradigm, "killer applications" with basic value and capable of forming scale will emerge.

In the early days of the Internet, killer applications such as portals, e-mail, instant messaging, and search engines emerged; in the era of Industry 4.0, killer applications such as "predictive maintenance," "industrial Internet of Things/CPS," and "mass customization" will also emerge. "Killer applications" should reflect the characteristics of "network externalities" and have the ability to self-enhance competitive advantages.