The Future of Industrial Revolution 4.0

Sixty-five percent of children entering elementary school today will grow up to work in positions that don’t even exist today, according to the World Economic Forum. Spurring this transformation? Industry 4.0. Characterized by digitization and smart technology, this fourth industrial revolution is changing how we work with the need for a highly skilled workforce emerging as a top priority.

And while keeping up presents unprecedented obstacles for organizations, equally unprecedented opportunities exist for those with the right leadership in place. Here’s a closer look at Industry 4.0, why it matters, what skills are needed for the workers of tomorrow, and how a degree in manufacturing automation and digital transformation can position aspiring business leaders to successfully navigate this evolving new reality.

What is Industry 4.0?

The manufacturing sector has undergone many transformations over the years. The first industrial revolution saw a shift to mechanization through water and steam power while the second ushered in the era of mass production with the introduction of the moving assembly line. Then there was the third industrial revolution, also known as the digital revolution, resulting from the inventions of semiconductors, computers, and the internet.

Industry 4.0 is the natural next step, one that involves the “blurring [of] the lines between the physical, digital and biological spheres,” according to Klaus Schwab, founder and executive chairman of the World Economic Forum (WEF) and author of the 2016 book The Fourth Industrial Revolution.

Perhaps Bernard Marr summed it up best for Forbes: “Industry 4.0 optimizes the computerization of Industry 3.0.”

In other words, while computers were initially disruptive because they introduced an entirely new technology, their vastly enhanced connectedness has changed the game again with the introduction of many different technologies, including cyber-physical systems (CPS), the Internet of Things (IoT), big data, cloud computing, and cognitive computing.

Why Industry 4.0 matters

Through everything from autonomous equipment and vehicles to additive manufacturing (3D printing), Industry 4.0 has vast potential across many aspects of business, including:

• Identifying opportunities
• Increasing productivity
• Optimizing logistics and supply chains
• Improving business continuity
• Better working conditions
• Customization
• Agility
  
  

At Mantissa College, we deliver the part-time EMBA Programme and MBA programmes Master of Business Administration programme, a programme in collaboration with Paris Graduate School of Management, France case studies comprise an impressive 50 per cent of assessments while the remaining 50 per cent is designated for assignments. The takeaway? When it comes to an active, engaging and hands-on business degree, you’d be hard-pressed to find one better than this MBA. 

Mantissa College’s MBA program boasts a dynamic global network of more than 80,000 alumni. One recent alumnus, Harrison Jub, says, “I took the 15-month Master of Business Administration course and in the first week, I was discussing the Real Case Study with groups of working professionals from different fields. And so I was learning from real people with real problems. Thanks to the case study based learning approach I am now capable of taking up more projects because I had been exposed to a wider perspective on handling matters from my learning experience.”

Certainly, evidence attests to the tremendous value of case studies in business education. Between its focus on this learning style and many other desirable attributes, Mantissa College’s Master of Business Administration offers an invaluable inside edge for aspiring business leaders.

Join, Like, Follow, Subscribe to our social media channels to get the up to date insights (Mantissa Facebook Page) / (Mantissa Instagram) / (Mantissa Linked) / (Mantissa Twitter)

Documents needed

i) Scan copy of your Degree Certificate  AND ii) Scan copy of your Degree Transcripts 

To apply for the programme, please provide us with the required documents to info@mantissa.edu.my or Click Here to Submit your documents

More Articles: you may also like to read up on

• Starting a Business: The Best Reason to Take an MBA Degree in 2021

• Should I Study a Master's Degree Right After a Bachelor's or Later?

• MBA Degree Duration: 1 Year or 2 Years?

• Rising Demand for One-Year MBA Program

• What Will MBAs Look Like in the Future?

• Can Your Job Help You Get an MBA?

• What Makes Millennial Managers Different?

• How Can You Select the Perfect MBA Program For You?

• Why an MBA Will Make You Stand Out in the Post-COVID-19 Job Market?

• Why an MBA is a Smart Choice for an Uncertain Future?

• Why Study International Economic Policy?

• What is the Current COVID Situation for Institutions Around the World?

• The relevance of an MBA

• How to Choose the Right Business School For You

• Can you pursue a Part Time Mba Malaysia while working full-time?

• What Careers Can You Go Into With an International Business Degree?

• The Advantages of Pursuing an executive master Program

• 4 Top Reasons Why You Should Study in Malaysia

• Differences: Executive Masters of Business Administration vs MBA

• Writing the Perfect Personal Statement for Your Master's Application

• The Future of Industrial Revolution 4.0

• The Advantages of Pursuing an executive master Program

• What is an IEMBA and Why Should you Study It?

• Everything You Should Know Before Study MBA

• International Executive Masters Differences: Executive Masters of Business Administration vs Master of Business Administration

• Why Case Study Business Learning Can Give You the Edge

• What is an IEMBA and Why Should You Study It?

• IEMBA vs MBA: Things You Need to Know Before Deciding to Pursue a Master Degree

• Can you pursue a Masters and work full-time at the same time?