This book addresses various aspects of knowledge management and technological advances that are driving the ongoing industrial revolution. This revolution is being driven by the rapid development of several key technologies, particularly in the areas of artificial intelligence, robotics, Big Data, the Internet of Things, nanotechnology, and biotechnology. Another most important and useful concept is knowledge management because modern organizations rely on knowledge and its development to achieve long-term benefits. Therefore, different research directions can have a significant impact on the industrial revolution and its results.
World-renowned economist Klaus Schwab, Founder and Executive Chairman of the World Economic Forum, explains that we have an opportunity to shape the fourth industrial revolution, which will fundamentally alter how we live and work. Schwab argues that this revolution is different in scale, scope and complexity from any that have come before. Characterized by a range of new technologies that are fusing the physical, digital and biological worlds, the developments are affecting all disciplines, economies, industries and governments, and even challenging ideas about what it means to be human. Artificial intelligence is already all around us, from supercomputers, drones and virtual assistants to 3D printing, DNA sequencing, smart thermostats, wearable sensors and microchips smaller than a grain of sand. But this is just the beginning: nanomaterials 200 times stronger than steel and a million times thinner than a strand of hair and the first transplant of a 3D printed liver are already in development. Imagine “smart factories” in which global systems of manufacturing are coordinated virtually, or implantable mobile phones made of biosynthetic materials. The fourth industrial revolution, says Schwab, is more significant, and its ramifications more profound, than in any prior period of human history. He outlines the key technologies driving this revolution and discusses the major impacts expected on government, business, civil society and individuals. Schwab also offers bold ideas on how to harness these changes and shape a better future—one in which technology empowers people rather than replaces them; progress serves society rather than disrupts it; and in which innovators respect moral and ethical boundaries rather than cross them. We all have the opportunity to contribute to developing new frameworks that advance progress.
This book addresses various aspects of knowledge management and technological advances that are driving the ongoing industrial revolution. This revolution is being driven by the rapid development of several key technologies, particularly in the areas of artificial intelligence, robotics, Big Data, the Internet of Things, nanotechnology, and biotechnology. Another most important and useful concept is knowledge management because modern organizations rely on knowledge and its development to achieve long-term benefits. Therefore, different research directions can have a significant impact on the industrial revolution and its results.
Get up to speed with how the latest knowledge management and industry 4.0 technologyhelp make enterprises secure, controlled, and optimized for a better future. This book focuses on how the practices of Industrial Revolution 4.0 and knowledge management interact to create value. In recent years, value chain relationships and related activities have utilized new technologies so that existing conceptual frameworks require a roadmap for innovation strategies and effective implementation. The chapters in this book include case studies contributed by researchers and industry practitioners that showcase the impact of practices and challenges presented by technological changes, upgrading of old systems, and internal and external factors. Knowledge Management and Industrial Revolution 4.0 describes how knowledge management impacts the automation of the industry in secure, controlled, and optimized ways. For instance, the use of the latest technologies and sensors can lead to significant time and cost savings, and operators can utilize their machines and equipment from remote locations. The Industrial Revolution 4.0 incorporates the latest technologies for automation and, in many cases, the result is similar to working from home, even in manufacturing. The use of deep learning should offer many quality control benefits. Furthermore, blockchain technology can help the industry with automation in secure and transparent ways. Apart from industry automation, other departments like human resources can also use effective knowledge management for better outcomes. The use of HR knowledge management allows employees to find and access the information they require without the assistance of the HR department. The book focuses on every aspect of the industry to help all the stakeholders of an organization. The benefits include a reduction in time required for accessing information, easier training, decreased operational expenses, improved stakeholders’ satisfaction, faster problem-solving, increased pace of innovation, simpler employee review and progress reports. Audience The book will have a wide audience within academia, education, businesses, and industrial organizations, especially those who are undergoing industry 4.0 changes to optimize for a better future.
"This book focuses on the role of formal education in preparing students for uncertain futures and for societies that are changing at great speed in terms of their abilities to drive job creation, economic growth, and prosperity for millions in the future"--
With the growth and advancement of business and industry, there is a growing need for the advancement of the strategies that manage these modernizations. Adaptation to advancement is essential for the success of these organizations and using the proper methods to accomplish this essential adaptation is paramount. Organizational Transformation and Managing Innovation in the Fourth Industrial Revolution provides innovative insights into the management of advancements and the implementation of strategies to accommodate these changes. The content within this publication examines social engagement, cyber-journalism, and educational innovation. It is designed for managers, consultants, academicians, researchers, and professionals, and covers topics centered on the growth of businesses and how they change alongside the economy and infrastructure.
In the existing reports on national competitiveness and rankings such as IMD World Competitiveness Yearbook and WEF Global Competitiveness Report, there are sizable discrepancies in the ranking order for the same countries. As a result, the reader is often confused because such an outcome creates difficulties for government officials when translating these findings into real-world policies.These discrepancies are actually due to the differences in logic and analytical models used by IMD and WEF. Therefore, in recognizing the problems and limitations of these models, this book presents the IPS model as a new approach. As an extension of Michael Porter's diamond model, it demonstrates a robust set of methodologies as well as offers a number of key policy implications for countries around the world that wish to enhance their national competitiveness.The analytical tools used in this book can be further utilized for other units of analysis such as industries and firms. As this book provides a series of sophisticated methodologies and specific guidelines for enhancing national competitiveness, both academics and practitioners can derive useful implications from this research.Alongside the theoretical frameworks and methodologies for national competitiveness presented in this book, the special theme and focus of this third volume is the fourth industrial revolution and the emerging technologies that are relevant to corporate and national competitiveness.The discussion on the digitalization of business began as early as the 1990s, but emerging technologies such as big data, artificial intelligence, and cloud computing have only been a recent trend. Furthermore, the COVID-19 pandemic has accelerated the adoption of emerging technologies by both firms and countries. Yet, despite the growing importance of emerging technologies, firms and governments seem to be lagging in effectively integrating them into their operations. To address these challenges, this book explains how emerging technologies have affected firms, industries, and countries. It also welcomes discussion on how firms and countries are responding to the changing environment to enhance their competitiveness through these new technologies.
Information and records management has been an important part of society for establishing procedures to effectively manage information. As technology has increased in society, this essential function has been impacted as well. With the onset of technological tools brought upon by the fourth industrial revolution, technologies such as artificial intelligence, the internet of things, big data, and more have changed the face of information and records management. These technologies and tools have paved new ways for security, efficiency in timely processes, new ways to create and process records, and other beneficial traits. Along with these advancements come new contemporary issues, leading to the need for research on how exactly information records management is functioning in modern times, the technologies brought on by the fourth industrial revolution, and both the benefits and challenges to this transition. The Handbook of Research on Information and Records Management in the Fourth Industrial Revolution showcases contemporary issues and demonstrates the value of information and records management in the fourth industrial revolution. The book provides a summary of the key activities undertaken by information and records managers as they seek to make records and information management more visible in the modern knowledge-driven society. The chapters highlight innovation, the use of information and communication technology in information and records management, best practices, challenges encountered, and how they are overcome. The target audience of this book will be composed of professionals, librarians, archivists, lecturers, and researchers working in the field of library and information science, along with practitioners, academicians, and students interested in information and records management in the 21st century.
The book discusses the opportunities and challenges of managing knowledge in the new reality of Industry 4.0. Addressing paradigmatic changes in value creation due to the development of digital technologies applied to manufacturing (additive manufacturing, IoT, robotics, etc.), it includes theoretical and empirical contributions on how Industry 4.0 technologies allow firms to create and exploit knowledge. The carefully selected expert contributions highlight the potential of these technologies in acquiring knowledge from a larger number of sources and examine approaches to innovation, organization of activities, and stakeholder development in the context of this next industrial revolution.
