This document discusses the progression from Industry 1.0 to the emerging Industry 4.0. It summarizes that Industry 4.0 will utilize cyber-physical systems, vertical and horizontal integration, the Internet of Things, autonomous robots, big data and analytics, cloud computing, and augmented reality. It provides examples of early Industry 4.0 implementations in Germany, China, the US, and Finland. The document also discusses opportunities and challenges for Turkey regarding Industry 4.0 and looks beyond to concepts like open innovation, additive manufacturing, and disruptive innovation enabled by emerging technologies.