The Fourth Industrial Revolution (i4.0) could transform the way we live and work – presenting both opportunities and challenges. The supply chain today is a way to gain an edge on competitors and build your own brand. Smart devices can therefore really make a difference in their ability to closely monitor and deal with more variables than ever. Smart technologies can optimise energy use across buildings, transport and utilities; enhance safety and security; assist in improving the financial performance of city administrations and improve convenience through IT enablement and smart devices. Smart manufacturing and digital business models make it critical for business leaders to become better informed on what the future will look like for their industry, organisation, products and customers.

Source: Mint February 17, 2019 19:41 UTC