We have come a long way since steam and water mechanised production in the First Industrial Revolution. According to the World Economic Forum, the fourth and latest revolution is marked by increasingly blurred lines between the physical, digital and biological spheres. It brings innovations based on combinations of technologies, and in this world cyber-physical systems, automation and the Internet of Things (IoT) combine, releasing the potential for scalability and exponential growth. Everything we know will be impacted, customer expectations, product enhancements, collaborative innovation and organisational forms. The Fourth Industrial Revolution in particular is notable for its anticipated velocity, scope and systems impact. It might not seem like it right now, but change is coming, and it is coming quickly. Are you getting ready to Reboot?
“The speed of current breakthroughs has no historical president.” – World Economic Forum
Getting to grips with the potential for new technologies to influence and disrupt existing industry value chains needs to be more than an academic exercise or talking point. The future of work will look, and feel, dramatically different to what we experience today. Continue reading