Industry 4.0 harnesses advancements in technologies such as industrial IoT, artificial intelligence, machine learning, edge computing, and wireless communications. Various asset-heavy sectors are rapidly adopting these innovations, including but not limited to manufacturing, ports, mining, utilities, railways, airports, logistics, intelligent highways, and smart city initiatives. The digital transformation across these sectors hinges on the capability to gather data, analyze it, and take prompt actions, often in real-time. Data collected from IIoT sensors undergoes processing through edge computing, where AI and ML algorithms are employed to model and analyze the information. The outcomes of this analysis facilitate immediate decision-making, process reconfiguration, and the realization of newfound efficiencies, particularly in automation realms. The synergy of Industry 4.0 and private wireless technology empowers industries to seamlessly integrate their physical and digital operations, ensuring that all sensors, machines, and personnel are interconnected in a way that is both cost-effective and dependable. As a result, the potential for innovation and productivity enhancement is significantly increased, driving a new era of operational excellence.