Nowadays, we are witnessing the birth of the Fourth Industrial Revolution (4IR). It is not a revolution of machines but rather a revolution in the way people live their lives and business operations. The 4IR or 4th Era of Innovation refers to exceptionally high digitalization, automation, and connectivity blurring the lines between the physical, digital and biological spheres. The 4IR is also a period dominated by data as it leads to unprecedented levels of computing power and storage capacity while catalyzing innovation at increasingly faster speeds than ever before.
Published Date: 2022-02-14; Received Date: 2022-01-17