scholarly journals Impact of Enterprise Resource Management System on Industrial Revolution 4.0

2021 ◽  
Vol 9 (VI) ◽  
pp. 4772-4774
Author(s):  
Prachi Khokle
Keyword(s):  
Cloud Storage ◽  
Industrial Revolution ◽  
Business Owners ◽  
Cloud Infrastructure ◽  
Software Ecosystem ◽  
Resource Management System ◽  
Boot Strap ◽  
Sql Database ◽  
The World ◽  
The Impact

The world is going through its fourth industrial revolution right now. Managing large workspaces in big Enterprises has been made easy with the advent of particular software categories popularly known as ERP short for Enterprise Resource Planner. With ERPs, management of data from all kinds of fields of work like finance, operations, sales, manufacturing, marketing, sales, pre-sales/post-sales, HR, etc are easy now. What’s even more enticing about it all is that all of this can now be stored on Cloud storage and can be acces-sed from pretty much any device. This makes it incredibly easy for business owners to manage their enterprise from anywhere in the world, anytime. Our project tries to demonstrate the impact of the ERP software ecosystem using a prototypeERP system built using Codeigniter Framework built on PHP, and a front-end based on boot-strap with a comprehensive My-sql database and a Google Cloud Infrastructure. Our Project will make use of some open-source repositories and build on it a working prototype that can manage the data of a fictitious company.

Disruptions of the Fourth Industrial Revolution

2021 ◽  
pp. 189-199
Author(s):  
Idris Olayiwola Ganiyu ◽  
Ola Olusegun Oyedele ◽  
Evelyn Derera
Keyword(s):  
Artificial Intelligence ◽  
Technological Innovation ◽  
Industrial Revolution ◽  
Technological Innovations ◽  
Fourth Industrial Revolution ◽  
Skill Gaps ◽  
The World ◽  
The Future ◽  
The Impact ◽  
And Robotics

The Fourth Industrial Revolution has resulted in the disruption of the world of work whereby technological innovation such as artificial intelligence (AI) and robotics. These disruptions may be creative in that as some jobs are lost due to the development of artificial intelligence, new ones are created. This chapter explored the impact of disruptive technological innovations on the future of work. The skill gaps brought about by the emergence of the Fourth Industrial Revolution was also explored in this chapter.

scholarly journals The Impact of the Covid 19 Pandemic on the Development of the Fourth Industrial Revolution in Southern Africa

2021 ◽  
Vol 9 (1) ◽  
pp. 56-63
Author(s):  
Elizabeth Ojo-Fafore ◽  
◽  
Clinton Aigbavboa ◽  
Wellington Thwala
Keyword(s):  
Southern Africa ◽  
Human Activities ◽  
Industrial Revolution ◽  
Economic Sector ◽  
African Region ◽  
Fourth Industrial Revolution ◽  
Wide Range ◽  
The World ◽  
The Impact ◽  
Industrial Revolutions

The fourth industrial revolution (4IR) is gradually gaining momentum in a wide range, and as it gathers pace, innovations are becoming faster, more efficient, and widely accessible than before. However, due to the outbreak of Covid 19, the world had seen a shift in the traditional ways in all aspects of human activities, especially in the socio-economic sector. This paper explores the effect of Covid19 on the development of the fourth industrial revolution in the Southern African region and will review the literature on pandemic and its effect on industrial revolutions. It will also review the literature on the fourth industrial revolution, the spread of the Covid 19 pandemic, and its effect on the development of the fourth industrial revolution in Southern Africa.

scholarly journals Transformation of the world job market in the conditions of the Fourth Industrial Revolution

2021 ◽  
pp. 8-28
Author(s):  
Elena Viktorovna Shirinkina
Keyword(s):  
Industry 4.0 ◽  
Business Models ◽  
Industrial Revolution ◽  
Job Market ◽  
Scientific Publications ◽  
Job Management ◽  
Business News ◽  
Fourth Industrial Revolution ◽  
The World ◽  
The Impact

The relevance of this research is substantiated by the fact that the world job market is currently under the influence of the Fourth Industrial Revolution (Industry 4.0). The goal lies in assessing the impact of cyclic and unexpected trends upon the job market, and thus, the forms of job management and employment functions. In this regard, analysis is conducted on the academic theories in the context of conceptualization of the impact of Industry 4.0 upon the job market and employment functions. The long-term trends in transformation of the job market are determined. The empirical basis of this research is comprised of the statistical data provided by Rosstat and the Ministry of Science and Higher Education of the Russian Federation, as well as the resources of analytical articles and scientific publications, including the materials of international organizations, leading consulting companies, global associations, leading educational institutions, other active participants of global educational environment, and job market experts. An overview is given to the trends that affect the companies, their strategies and business models; the impact of such trends upon the transformation of current professions and the emergence of new professions; skills required for these professions. The scientific novelty lies in substantiation of the concept of skill-biased technical change (SBTC) and the theory of routine-biased technological change (RBTC). The presented materials would allow the companies to combine business news with fundamental training of specialists for going along the new career trajectiory in light of the new technological challenges, which defines the practical value of this research.

scholarly journals Features of world experience in the management of e-commerce enterprises as subjects of innovative entrepreneurship

2019 ◽  
pp. 74-82
Author(s):  
Volodymyr S. Symakov
Keyword(s):  
Industrial Revolution ◽  
Small And Medium Enterprises ◽  
The United States ◽  
Business Strategies ◽  
Digital Revolution ◽  
Online Platform ◽  
Online Sales ◽  
The World ◽  
Online Stores ◽  
The Impact

The purpose of the article is to analyze the features of the world experience in the management of e-commerce enterprises as subjects of innovative entrepreneurship and study their content. Methodology. The study used generalizations, comparisons and systematic methods. Results. In the article the specifics of the world experience in the management of e-commerce enterprises as subjects of innovative entrepreneurship are analyzed. The experience of this topic in the leading countries of the world is studied. The list of features of this question is defined. Practical meaning. It is argued that the significant reorientation of world trade to online sales channels due to the impact of quarantine restrictions associated with the coronavirus pandemic in 2020 could significantly affect the real level of sales in 2020, adjusting it upwards. It is noted that the industrial revolution turned agrarian societies into production centers and changed people's work and the standard of living they could expect. The digital revolution has also changed the way people communicate, shop and work. Referring to the experience of e-commerce companies, which are directly affected by the digital transformation on the nature and intensity of their activities in both strategic and operational dimensions, it should be noted that digital business strategies continue to review traditional retail through multichannel capabilities. Prospects for further research. Statistics show that mobile commerce, especially the use of mobile applications, is becoming increasingly important in the development of online sales strategies. Yes, Amazon is the leading mobile application for online stores in the United States. At the same time, Amazon singles out a list of development risks that are quite obvious to all retailers operating in the e-commerce environment, primarily related to the implementation of international transactions, which the author cites in the article. The author gives an example of successful European experience in managing an e-commerce company, namely the company “C&A” – a Belgian-German-Dutch network of retail clothing stores. Also interesting is the Chinese e-commerce platform Aliexpress, the international online platform Alibaba (aliexpress.com), which was launched in 2010, and Taobao, the online platform Alibaba C2C (taobao.com), which was founded in May 2003. It is noted that almost 80% of small and medium enterprises consider sales on social networks as a proven strategy to increase revenue.

scholarly journals Education of population for the future and the future of education

Stanovnistvo ◽  
2017 ◽  
Vol 55 (1) ◽  
pp. 63-85
Author(s):  
Biljana Jovanovic-Gavrilovic ◽  
Biljana Radivojevic
Keyword(s):  
Sustainable Development ◽  
Human Capital ◽  
Industrial Revolution ◽  
Knowledge And Skills ◽  
Fourth Industrial Revolution ◽  
The World ◽  
The Future ◽  
Future Of Education ◽  
The Impact

The key to the future of any country in the modern world lies in the knowledge, skills and talent of its population. This gives a special importance to education through which human capital is created as an important component of national wealth. Different methods of measuring human capital are found in literature. There is a well-known division into monetary and non-monetary methods, with the latter being specifically addressed in the article. Education plays an important role in achieving sustainable development. Through education, knowledge about sustainable development is acquired while human resources that are capable and willing to achieve this development are created. Education, just like sustainable development, has a long-time perspective. In both cases, the interests of the future are respected when making decisions in the present. The impact of education on sustainable development is manifested through all three of its dimensions ? economic, social and environmental. The key role of education for achieving sustainable development has been globally recognized and embedded in relevant United Nations documents, including a new global development agenda by 2030, focusing on the Sustainable Development Goals, of which Objective 4 explicitly refers to education. The European Union also pays considerable attention to education for the future in the context of the commitment of its members to achieve sustainable development. Serbia, at least declaratively, follows it, given the orientation of the country to join this regional integration. The future of education is under the strong influence of global mega trends, especially the Fourth Industrial Revolution, which strongly influences the world of work and the necessary knowledge and skills. During the earlier industrial revolutions, it took several decades to build appropriate education and training systems, but there is no time for that now. Changes must be anticipated, and reactions should be quick. The quality of educational systems of countries around the world and their preparedness for the challenges of the new age can be evaluated on the basis of the results of the Program for International Student Assessment ? PISA, the most important research in the field of education, which, under the auspices of the OECD, tests the knowledge and skills of fifteen-year-olds, and relying on the composite indicator introduced by the World Economic Forum ? Global Human Capital Index (GHCI). The results for Serbia are generally discouraging, but in some segments, they point to the country?s hidden potentials that should be activated. Education represents the development opportunity of Serbia at the threshold of the Fourth Industrial Revolution. As a small and economically country, Serbia should not remain at the margin of events, in the role of a passive observer. On the contrary, through adapting its education system to the demands of time by adequate financial and institutional support, thus improving human capital of the people, Serbia can find its place in a changing labor market and create preconditions for dynamic and sustainable economic development.

scholarly journals THE IMPACT OF THE 4th INDUSTRIAL REVOLUTION ON THE EMPLOYMENT RELATIONSHIP AND ADAPTIVE SKILLS REQUIREMENTS

2019 ◽  
Author(s):  
Odirile Sepeng
Keyword(s):  
Industrial Revolution ◽  
Employment Relationship ◽  
Adaptive Skills ◽  
Technological Advancement ◽  
World Economic Forum ◽  
Labour Law ◽  
The World ◽  
World Economic ◽  
The Impact ◽  
Industrial Revolutions

This article reflects on the possible future of labour law as a response to industrialisation, particularly the 4IR. First, I discuss the origin of the industrial revolution by reflecting on the first three industrial revolutions and the present 4IR. Second, I reflect on; 1) the possible impact of the 4IR on the employment relationship and 2) the new and/or adaptive skills requirements. Third, I present recommendations to respond to the fast-changing pace of labour and industrialisation suggested by the World Economic Forum (WEF). I thereafter conclude that the 4IR may be used as a vehicle to promote a socially affirmative interpretation of fairness in the labour context. This promotes a constitutional obligation to protect the interests of workers, in light of technological advancement, that have the potential to widen the income inequality gap.

scholarly journals DIGITAL GLOBALIZATION IN THE ERA OF THE FOURTH INDUSTRIAL REVOLUTION: POTENTIAL FOR TRANSFORMATION

2021 ◽  
Author(s):  
Olena Dovgal ◽  
◽  
Georgiy Dovgal ◽  
Keyword(s):  
International Trade ◽  
Business Models ◽  
Industrial Revolution ◽  
Production Costs ◽  
Fourth Industrial Revolution ◽  
Digital Infrastructure ◽  
The World ◽  
New Business ◽  
The Impact ◽  
New Business Models

The article considers the potential for transformation of the world economy under the influence of digital globalization in the era of the fourth industrial revolution. It is substantiated that within the framework of digital globalization the paradigm of organization of production, configuration and content of international trade are changing. At the same time, the process of digitalization leads to qualitative changes in all spheres of production, economic and trade activities around the world. Formation of production technological processes using the Internet of Things, modules of artificial intelligence and 3D-printing allows to reduce production costs and increase the competitiveness of products. Attention is focused on the essence of the changes taking place, the directions of the vectors of economic development in the context of the changing digital space. Particular attention is paid to the functioning of new business models (in particular, digital platforms), the transformation of the structure, configuration, forms and methods of international trade, as well as the impact of ongoing processes on international competitiveness. An important place is given to the problems of e-commerce, the content of the processes taking place in this segment of international economic relations. Some approaches to solving the problems of digitalization at the international and national levels are proposed. In the global dimension, it is important to ensure, through the adoption of binding legal documents for WTO member states on the freedom of information exchange, aimed at stimulating innovative development, promoting the removal of barriers in the e-commerce segment, encouraging investment in digital infrastructure and human capital. . The development of the country's digital potential and digital infrastructure involves the implementation of localization measures, ie requires the creation of national platforms for the accumulation and storage of information. It is concluded that the global process of digitalization creates the potential for dynamic development of new business models, stimulates productivity and increases competitiveness.

Technological Changes in Consumption Strategies in Modern Tourism

2021 ◽  
Vol 144 ◽  
pp. 128-135
Author(s):  
Stanislav V. Gordienko ◽  
Keyword(s):  
Industrial Revolution ◽  
Technological Changes ◽  
Digital Services ◽  
Tourism Sector ◽  
The World ◽  
Strategic Impact ◽  
Technological Transition ◽  
Leading Enterprises ◽  
The Impact ◽  
Consumption Strategies

The article analyzes the strategic impact of the fourth industrial revolution, Industry 4.0, on the tourism sector of the world economy. The content of technology packages 4.0., the impact of the technological transition on the competitiveness of Russian tourism are described. The relevant resolutions of international tourism organizations are discussed, Megatrends of future tourism. A critical assessment of the main provisions of the Strategy for the development of Russian tourism until 2035 has been made. Examples of implementation of technological and social Megatrends in the world tourism and in the regions of Russia industry are given. The results of research of the world's leading enterprises on the revealing of preferences and wishes of modern tourists, the value of digital services for them, and ways to choose locations are studied. Differences in the expectations and preferences of travelers of different ages are formulated. The parameters of technological features of modern tourists and the list of main studies of technological changes at the present stage of production of tourist products are formed.

PENERAPAN ARSITEKTUR LINGKUNGAN BELAJAR YANG IDEAL PADA TEMPAT BELAJAR BIO-TEK KEBON JERUK

2021 ◽  
Vol 3 (1) ◽  
pp. 575
Author(s):  
Nicholas Denny Dharmawan ◽  
Sidhi Wiguna Teh
Keyword(s):  
Big Data ◽  
Digital Literacy ◽  
Industrial Revolution ◽  
Negative Effects ◽  
Learning Space ◽  
The Us ◽  
The World ◽  
Rich People ◽  
Personal Skills ◽  
The Impact

The world is currently faced with an era of technological disruption in the 4.0 industrial revolution which is marked by the emergence of Big Data, Artificial Intelligence, industrial autonomization, IoT, and others. Those things bring benefits and problems that must be overcome. The impact of this innovation can be felt by all groups, not only adults, rich people, entrepreneurs, people expert in technology, teenagers, and even children today. Humans need to adapt and mitigate these changes in order to survive in this condition, one of which is through education. The world of education needs to shift the education system because currently the condition of education, especially schools, is still using learning methods like the 2.0 era so that is is not suitable in this 4.0 era. The education strategy to face the era of the industrial revolution 4.0 is to immediately increase the capabilities and skills of human resources, equipped with invisible abilities, such as personal skills, global thinking, digital literacy, critical thinking, problem solving, communication, collaboration and. Advancement of information technology-based education will answer the challenges of industry 4.0. Kebon Jeruk Bio-Tech Learning space is a place for learning that is more flexible and suitable for building student character and creativity. Room quality, configuration and facilities must be adapted to the us of technology that is currently increasing. There is also need of special guidance from the community in responding to the increasing popularity of technology  in this era of disruption, increase the closeness between general citizens in anticipating the negative effects of technology. Keywords:  dwell; education ; industrial revolution 4.0 ; learning space    AbstrakDunia saat ini tengah dihadapkan dengane era disrupsi teknologi revolusi industri 4.0 yang ditandai dengan munculnya Big Data, Aritificial Intelligence, otonomisasi industri, IoT, dan lain-lain. Hal tersebut membawa segala kemajuan dan masalah yang harus dilalui. Dampak kecanggihan ini dapat dirasakan semua kalangan, bukan hanya orang dewasa, orang kaya, pengusaha, orang-orang ahli bidang teknologi, remaja bahkan anak-anak saat ini. Manusia perlu beradaptasi dan mitigasi di tengah perubahan ini agar tetap dapat dwell di kondisi ini, salah satunya melalui pendidikan. Dunia pendidikan perlu menggeser sistem pendidikannya karena saat ini kondisi pendidikan khususnya sekolah masih menggunakan metode belajar seperti era 2.0 sehingga dirasa kurang sesuai di era 4.0 ini. Strategi pendidikan menghadapi era revolusi industri 4.0 adalah segera meningkatkan kemampuan dan keterampilan sumber daya manusia yang dilengkapi dengan kemampuan tak kasat mata, seperti keterampilan interpersonal, berpikir global, literasi digital, berpikir kritis, pemecahan masalah, kemampuan berkomunikasi, kolaborasi dan kreativitas. Kemajuan pendidikan berbasis teknologi informasi akan menjawab tantangan industri 4.0. Kebon Jeruk Bio-Tech Learning space merupakan tempat belajar yang dirancang dengan metode linkungan belajar yang ideal, ruang sebagai guru ke-3, neuroarsitektur, dan biofilik desain dimana menghasilkan ruangan  lebih fleksibel, kolaboratif dan sesuai untuk membangun karakter dan kreativitas para murid. Kualitas ruang, konfigurasi ruang, dan fasilitas juga disesuaikan dengan penggunaan teknologi yang akan semakin berkembang.  Perlu juga adanya bimbingan khusus dari masyarakat dalam menyikapi semakin maraknya teknologi di era disrupsi ini, meningkatkan kedekatan antar warga umum dalam mengantisipasi dampak buruk teknologi.

Influence of Industry 4.0 on Asia

2022 ◽  
pp. 122-139
Author(s):  
Xuan Tran
Keyword(s):  
Cultural Differences ◽  
Industry 4.0 ◽  
Industrial Revolution ◽  
Achievement Motive ◽  
Affiliation Motive ◽  
The World ◽  
Power Motive ◽  
Per Capita ◽  
The Impact ◽  
Structure Equation Modelling

As the challenge of big data impacts how we understand cultural differences, a motive-integrated model of culture is becoming an effective strategy to study current culture divergence by the fourth industrial revolution called “Industry 4.0.” This study examines the impact of Industry 4.0 with COVID-19 vaccines on motives and cultures of the world and Asia in the post-COVID-19 era. Structure equation modelling has been conducted on the data in 38 countries during the period of 2006-2021. Findings indicate that Industry 4.0 has enhanced the achievement motive in the reactive culture and the power motive in the multi-linear culture, but it has decreased the affiliation motive in the linear active culture. In addition, Industry 4.0 has enhanced the gross domestic product per capita (GDP) in the linear active and reactive cultures, but it has decreased the GDP in the multi-linear cultures. Finally, Industry 4.0 has made the power and affiliation motives in Asia decrease, but it has increased the achievement motive in Asia.

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