Question

Are we ready for industrial revolutionadvantage

Answer 1

If the term Fourth Industrial Revolution doesn’t resonate with you — then you might already be behind. Industry 4.0 has been in motion, slowly building on the revolution that came before it. Where the Third Industrial Revolution sparked the digital revolution, utilizing digital technologies to advance automation, the Fourth Industrial Revolution is fusing new technologies that will impact society and disrupt various industries across the globe.

The question is: Are you and your business bracing for this change, looking ahead to how you can harness the full potential of Industry

Answer 2

Answer:

Every generation or so, technology takes a giant leap forwards. Steam power, electricity and computing – each have revolutionized the way we live and work. Where once it was the loom, the lightbulb and the mainframe, today it’s the internet’s turn.

Since its creation in the 1980s, the World Wide Web has grown at an explosive rate, and can now do so much more than help people share information. Today, the web is evolving – to bring together people, businesses, machines and logistics into the Internet of Things (IoT).

The IoT is leading the fourth industrial revolution – known as “Industry 4.0.” 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 $14.2 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 new risks this era of connectivity promises.

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