Fourth Industrial Revolution and Digital Transformation: Mutually Inclusive New Theory of Survival of the Fittest

Sulabh Sood

Senior Director Program Management at General Electric

Learning Objectives

World is on the cusp of the Fourth Industrial Revolution or Industry 4.0. It is quite different than the prior three Industrial Revolutions —steam & water power, assembly lines, and computerization, as it will challenge the enterprises on not only their business operations but also on how efficiently they adapt to the evolving human behaviors. This revolution is expected to impact all industries, disciplines, economies and ultimately societies. In this new era of revolution, only those enterprises or people will survive and thrive who will adapt to Industry 4.0 by correctly adopting the Digital Transformation strategies and the technologies such as Artificial Intelligence, Robotics, IOT, Cloud, Digital Twin, Augmented Reality, etc.

Key Takeaways:

  • Understanding of Digital Transformation strategies and Industry 4.0 technologies. Relationship between Industry 4.0 and Digital Transformation

  • Using statistics, concepts and case studies, understand how People, Culture, Process & Technology solutions should be implemented to successfully survive and thrive

  • Why Digital Transformation fails? Learn at an individual level, how we can adapt to this new area by doing Personal Transformation