The Fourth Industrial Revolution will increasingly give citizens the ability to use technology to seek greater autonomy, which will challenge the power of government and institutions in disruptive ways. "What should government in the digital age do? It must maintain social cohesion in an era of major disruption," writes David Lye, director and fellow of Sami Consulting.
How successfully companies combine digital technologies will determine if they make it or break it in the industrial world. These firms are turning to unlikely places to make sure they're not left on the sidelines.
Players who are able to make data-driven decisions will come out as winners. The struggle for data sovereignty is already in full swing; however, the fight isn’t over.
The manufacturing industry is in the throes of a major upsurge in innovation. The progressive digitalization of industry—known as Industry 4.0—is increasing the efficiency of production processes and generating additional growth. Companies that master these new digitalization rules can make better decisions, improve process integration and develop new business designs.