We are in the midst of a new Industrial Revolution. Steam drove the First Industrial Revolution, electricity drove the Second, and digital computing drove the Third. According to the World Economic Forum, “The technologies that define the Fourth Industrial Revolution (4IR) include artificial intelligence, machine learning, robotics, data science, Cloud computing, and the Internet of Things. In turn, these technologies have powered other new technologies like genetic engineering, which has transformed agriculture and medicine, and blockchain, which is transforming commerce”.
Compounding the pace of technological change are other pressures, notably the COVID-19 pandemic, that have changed how people interact, work, and do business. These pressures have also accelerated the pace of 4IR. And to survive and come out of this wave successfully, businesses have to transform their operations to increase their use of digital technologies and reduce their dependence on in-person interactions.
To thrive, businesses and organizations must rethink their business models and operations, and rebuild them to take full advantage of 4IR technologies. Clearly, the organizations that will succeed and thrive are those who have access to the talent they need to navigate this transition well. And here’s where digital skilling comes into play. Download the “Skilling for the Digital Economy” whitepaper now to know all about the role-based approach to digital skilling, industry trends, key roles of tomorrow and beyond, learning paths for these roles, and more now!