The concept of the Fourth Industrial Revolution is no longer sufficient to encompass the profound transformations of our time. Digital transformation, artificial intelligence, and robotics are driving a comprehensive turning point that goes far beyond the boundaries of industry, reshaping how we work, do business, and govern society. Time to “retire” the concept of Industry 4.0 The term “Fourth Industrial Revolution” first appeared in Germany in 2011, marking a turning point in the digitization of production, where people, machines, and data were closely connected to create the “smart factory.” For years, we have continued to use the concept of Industry 4.0 to describe the convergence of various foundational technologies and to regard it as the “driving force” of change. In reality, however, the concept of Industry 4.0 is too “narrow” to capture today’s reality. Nowadays, digital transformation is not simply about adopting new technologies but about a comprehensive reconfiguration of how businesses, organizations, and even public administrations operate—from strategy and processes to culture and people. Artificial intelligence (AI) has gone far beyond research labs to become a practical tool, present in data analytics, customer service, market forecasting, business efficiency enhancement, market expansion, and even in the invention of new technologies. […]
The concept of the Fourth Industrial Revolution is no longer sufficient to encompass the profound transformations of our time. Digital transformation, artificial intelligence, and robotics are driving a comprehensive turning point that goes far beyond the boundaries of industry, reshaping how we work, do business, and govern society. Time to “retire” the concept of Industry 4.0 The term “Fourth Industrial Revolution” first appeared in Germany in 2011, marking a turning point in the digitization of production, where people, machines, and data were closely connected to create the “smart factory.” For years, we have continued to use the concept of Industry 4.0 to describe the convergence of various foundational technologies and to regard it as the “driving force” of change. In reality, however, the concept of Industry 4.0 is too “narrow” to capture today’s reality. Nowadays, digital transformation is not simply about adopting new technologies but about a comprehensive reconfiguration of how businesses, organizations, and even public administrations operate—from strategy and processes to culture and people. Artificial intelligence (AI) has gone far beyond research labs to become a practical tool, present in data analytics, customer service, market forecasting, business efficiency enhancement, market expansion, and even in the invention of new technologies. […]
The concept of the Fourth Industrial Revolution is no longer sufficient to encompass the profound transformations of our time. Digital transformation, artificial intelligence, and robotics are driving a comprehensive turning point that goes far beyond the boundaries of industry, reshaping how we work, do business, and govern society. Time to “retire” the concept of Industry 4.0 The term “Fourth Industrial Revolution” first appeared in Germany in 2011, marking a turning point in the digitization of production, where people, machines, and data were closely connected to create the “smart factory.” For years, we have continued to use the concept of Industry 4.0 to describe the convergence of various foundational technologies and to regard it as the “driving force” of change. In reality, however, the concept of Industry 4.0 is too “narrow” to capture today’s reality. Nowadays, digital transformation is not simply about adopting new technologies but about a comprehensive reconfiguration of how businesses, organizations, and even public administrations operate—from strategy and processes to culture and people. Artificial intelligence (AI) has gone far beyond research labs to become a practical tool, present in data analytics, customer service, market forecasting, business efficiency enhancement, market expansion, and even in the invention of new technologies. […]
HCMC – A new program has been initiated to help one million small retailers across Vietnam to embrace digital transformation to improve efficiency and...
HCMC – Ericsson on September 12 inaugurated a new office in Hanoi City, underscoring its commitment to Vietnam’s digital transformation and expansion of 5G...
HCMC — Australia will continue to support Vietnam in developing new technologies, green growth, and infrastructure for energy transition and digital transformation, said Australian...
HCMC – HCMC and Japan’s Hyogo Prefecture are enhancing cooperation in green and digital transformation, focusing on high-tech industries, renewable energy, and sustainable development.
The...
HCMC - Around 350 businesses from 20 countries and territories are showcasing their equipment, products, services, and advanced technology solutions at the 3rd Vietnam...
HCMC – The Ministry of Industry and Trade has launched a national program to support digital transformation for vendors at traditional wet markets.
The program,...
Job cuts, network downsizing – what is happening in the development strategy of commercial banks? What is driving this shift?
Shrinking sooner than expected?
By 2030,...
HCMC – Prime Minister Pham Minh Chinh has called on the World Bank (WB) to assist Vietnam in implementing major infrastructure projects and strategic...