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What is Fourth Industrial Revolution

Does Your Business Understand the Potential of Industry 4.0?

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...