Industrial revolution 40 are we prepared for it

The fourth industrial revolution is an expression coined by the founder and leader of the World Economic Forum Klaus Schwab referring to the intense technological changes that have been modifying our productive and social processes since the middle of the last century. It will affect our identity and all the issues associated with it.

But if the IoT is to deliver on its immense potential then businesses also need to get serious about tackling.

Industrial revolution 40 are we prepared for it. The world is at the cusp of the fourth industrial revolution. The first one used water and steam to mechanise production. The second used electric power.

The third used electronics and IT. By Kerry Clarke-Potter Jan 16 2020 Industry 40 The Fourth Industrial Revolution. Industry 40 is upon us and its shaping the way well live and work in the future.

However while industry is constantly transforming our technologies and attitudes are still growing which poses the question. Will we be ready for the Fourth Industrial Revolution. As stated by Deloitte University Press The term Industry 40 encompasses a promise of a new industrial revolutionone that marries advanced manufacturing techniques with the Internet of Things to create a digital manufacturing enterprise that is not only interconnected but communicates analyzes and uses information to drive further intelligent action back in the physical world 1.

Industrial revolution 40 make everything become automated and digitalized. This situation decreasing human error while production because everything based on robots and machines 5 6. The role of business in shaping the 40 world EXECUTIVES are optimistic about the impact of Industry 40.

Eighty-seven percent of survey participants believe that Industry 40 will lead to more social and economic equality and stability. They seem to regard technology as an equalizer that will provide more access to education jobs and financing. The IoT is leading the fourth industrial revolution known as Industry 40 It has the potential to transform our understanding of how everything can be connected and deliver enormous value to the world.

Recent studies have estimated that it could add 142 trillion to the global economy by 2030. But if the IoT is to deliver on its immense potential then businesses also need to get serious about tackling. The Fourth Industrial Revolution and Industry 40 will dramatically change the way we work interact with each other and live our lives.

Its disrupting every industry and company in the world. The fourth industrial revolution is an expression coined by the founder and leader of the World Economic Forum Klaus Schwab referring to the intense technological changes that have been modifying our productive and social processes since the middle of the last century. A fusion of technologies that blur the lines between our established physical spheres both digital and biological.

The Fourth Industrial Revolution finally will change not only what we do but also who we are. It will affect our identity and all the issues associated with it. Our sense of privacy our notions of ownership our consumption patterns the time we devote to work and leisure and how we develop our careers cultivate our skills meet people.

Some call it the fourth industrial revolution or industry 40 but whatever you call it it represents the combination of cyber-physical systems the. The third industrial revolution came with electronics IT. Systems and automation which led to the fourth industrial revolution that is associated with cyber physical systems.

Generally-speaking Industry 40 describes the growing trend towards automation and data exchange in technology and processes within the. The 4th Industrial Revolution is not about new Apps or New Technologies. It is about a New Era New Ways of thinking and new ways of Doing Business Since the 1800s we have experienced three industrial revolutions.

Each was powered by a disruptive new technology. The mechanics of the steam engine the innovation of the. We are ready for the industrial revolution 40.

In the situation of covid-19 corona pandemic we are all adopting the new technologies and ideas to recover. We are adopting new transformation ideas such as online shopping with zero contact virtual office online class working from home etc concept. Were full gear into the Fourth Industrial Revolution.

While companies and corporate leaders are busy adjusting their sails to the winds is the education sector doing enough to prepare students to step into a new world where robotics automation and big data analytics are transforming how we live and work. Industry 40 holds the promise of a new era of globalization. Believe their workforces are ready for the Fourth Industrial Revolution.

Required for Industry 40. A new Industrial Revolution is here Industry 40 As Industry 40 gains traction and speed the boundaries between the physical and digital worlds are blurring. This is having a significant effect on how we work and live.

Daily life as we know it is being reimagined. Also called the Fourth Industrial Revolution Industry 40 refers to the phenomenon of adopting innovative tools resources and technological services to optimize the management of the most varied industrial aspects. Industry 40 digital transformation of manufacturing in the fourth industrial revolution.

Industry 40 is a vision and concept in motion with reference architectures standardization and even definitions in flux. Most Industry 40 initiatives are early-stage projects with a limited scope. In response to the Industrial Revolution 40 the government has launched the Industry4WRD.

National Policy on Industry 40 to drive digital transformation in various sectors in Malaysia and one of the initiatives is by developing the Knowledge Research for Science and Technology Excellence KRSTEmy and setting up an Industry Digitalisation Transformation Fund to encourage.