How Industry 4.0 is Disrupting Business Models
Industry 4.0 is upending traditional ways of doing business. Advances in technology, connectivity and manufacturing are changing the way we consume and dispose of products.
As a result, product and service designers incorporating exciting new technologies like automation, augmented reality, virtual reality and cloud computing to meet customer expectations driven by the same.
Everything – from business models to production methods – is evolving and more efficient ways of merging technology into the product life cycle is eradicating whole industries and creating new ones.
Disruption is happening everywhere
Experts at the World Economic Forum have made public that they believe machines and algorithms in the workplace may cause 75 million jobs to be displaced globally by 2022, but will create 133 million new ones.
In the article, The Fourth Industrial Revolution will change the world – but only 14% of execs are ready for it, the authors argue that, according to their research, “Only one-third of the executives surveyed are highly confident they can act as stewards of their organizations during this time of change. And only 14% are highly confident their organizations are ready to fully harness the changes associated with Industry 4.0.”
Prepare to learn more about the future of your industry
Learn how to understand, reflect, lead, and apply the right tools to manage well with Industry 4.0. This new course from Hyper Island has been designed to help you learn how to understand, reflect, lead and apply the right tools to make the most of the changes disrupting business models the world over.
Prepare to learn more about artificial intelligence, drones, robots, blockchain, bioengineering, and many other things – from automation, augmented reality and virtual reality all the way through to cloud computing. You’ll come away with the confidence to apply what you learn to your business environment and reap the rewards right away.