Preparing for the 4th Industrial Revolution

Joe Miller had the opportunity to join the discussion of industry leaders and experts at the Industry 4.0 ThinkTank in Chicago in February. This event is specifically tailored to bring provocative thinkers and industry specialists together to prepare business for the next industrial revolution.

The world is changing at a rapid pace, and technology is a large driving factor. Big data, predictive maintenance, robotics, remote monitoring, smart factories and the oft-quoted artificial intelligence and Internet of Things (IOT) are all part of a technological revolution. Businesses are struggling to keep up.

Klaus Schwab, Founder and Executive Chairman of the World Economic Forum wrote in 2016: “We stand on the brink of a technological revolution that will fundamentally alter the way we live, work, and relate to one another. In its scale, scope, and complexity, the transformation will be unlike anything humankind has experienced before. We do not yet know just how it will unfold, but one thing is clear: the response to it must be integrated and comprehensive, involving all stakeholders of the global polity, from the public and private sectors to academia and civil society.”

As Palitto Consulting strives to help businesses make intelligent use of technology, it is strategically important for our team to prepare for the future so we stand ready to serve our clients.

Is your business ready for the 4th Industrial Revolution? Contact our team of consultants to begin the discussion.