Zuko Mdwaba, Area VP, Salesforce South Africa. In the business world, the term “Fourth Industrial Revolution” is gradually gaining traction. What began with steam and water power has evolved into advanced computerisation and technology that is ready to disrupt virtually every industry at breakneck speed. The acceleration of the Fourth Industrial Revolution (4IR) and the digitalisation of our life is possibly one of the most significant consequences of the Covid-19 pandemic. Do businesses, on the other hand, fully comprehend the revolution’s potential and challenges? What is the fourth industrial revolution? Before we look at the opportunities that may come as a result of the 4IR, it’s important to first grasp what the 4IR is all about. It refers to how the Internet of Things (I...
Image sourced from Marketing91. The dawn of the Fourth Industrial Revolution (4IR) was always going to be fraught with challenges, but nobody could have predicted the massively disruptive event that was the COVID-19 pandemic. The world was thrown into turmoil and forced to adapt – it became a matter of ‘digital or die.’ The pandemic threw into stark relief the need to continually adapt skill sets to meet evolving requirements in a world where the only constant is change. With the future uncertain, one thing is for sure – ongoing skills development is the best defence to ensure organisations can pivot to handle digital disruption with ease. New World, New Skills The 2020 ‘Future of Jobs’ report from the World Economic Forum estimates that by 2025, on average, organisations will require 40% ...
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