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Tag: 4th Industrial Revolution (4IR)
We have been acclimatised to the concept of artificial intelligence (AI) and heard the hype about the 4th Industrial Revolution (4IR). Now prepare for the next stage – when advanced AI meets 4IR to enable the always smart, always learning, ubiquitous computing of the future.
The digital workplace is one where people, processes, technology, and the company converge to improve business productivity and employee engagement. It's a workplace where employees have the technological tools they need to complete business tasks effortlessly and efficiently.
The Fourth Industrial Revolution (4IR) is here. It is evident in the way banks have started offering their digital services and disrupting the modus operandi of traditional banks; it is evident in schools, where books are being replaced with tablets and it will roll-out in almost every sector in the country.
Despite education taking up the lion’s share of national budgetary spending in South Africa, it is disheartening to still see stories about broken pit toilets, leaking roofs and unqualified teachers. Some stories lament how schools which were built in 1994 still have three pit toilets and only one tap, with parents and teachers making improvements using their own funds.
Despite its pivotal role in the 4th Industrial Revolution, the connectivity sphere is no different from any other business sector when it comes to profitability challenges. In the fast-moving and hyper-competitive economic environment of today, even the biggest players in ICT are under threat.
As exponential, digital-driven technologies transform the 4th Industrial Revolution (4IR) from a buzzword into reality, the financial services sector - and insurance in particular - face massive disruption, it starts with a radical reimagining of the very model insurance has been built on since its origins in the 14th Century, and Africa is no exception.
Africa is a large continent, and investors tend to pick and choose their markets based on a multitude of criteria. Some see opportunities in emerging arenas while others focus on more developed and mature opportunities.
A digital initiative focused on increasing the digital intelligence quotient (DQ) of children aged 8-12, #DQEveryChild, has increased digital citizenship in children worldwide by 10% on average, reducing cyber-risk exposure by 15%.
The Other End of the Telescope is a high speed gallop through the absurdities and challenges of getting things done in large companies, and the inherent contradictions in leadership and organisational behaviours that prevent businesses from realising their potential and achieving greater success.
While the 4th Industrial Revolution (4IR) presents immense opportunity for particularly the hospitality industry, the people-centred nature of these businesses will likely see human capital remaining an equally integral component to organisational success.
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