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Fourth Industrial Revolution and Future of Skills

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By, Manoj Kumar Trivedi Founder, CEO & Business Mentor iGlobal Research and Analytics According to the World Economic Forum, we’re now living in the Fourth Industrial Revolution. Not unlike the first three, the Fourth Industrial revolution is changing the way we work—except instead of steam power or assembly-line manufacturing, the technological advancements are digital in nature. Many believe these new digital technologies will increase economic inequality and make many careers obsolete. After all, how can a person possibly compete with a more efficient, more reliable machine? Around the world, traditional manufacturing industry is in the throes of a digital transformation that is accelerated by exponentially growing technologies- IoT, Intelligent Robots, Sensors, 3D Printing.Companies and their industrial process need to adapt to this if they do not wish to  be left behind this rapid change of development and their competitors. The development is now paving w