Desserts With Oasis—SkillGap Analysis Into Dubai’s Labour Intensive Market

2019 ◽  
Vol 118 (11) ◽  
pp. 533-541
Author(s):  
Dr. Premila Koppalakrishnan
Keyword(s):  
General Population ◽  
Industrial Revolution ◽  
Digital Transformation ◽  
Digital Revolution ◽  
Scholarly Community ◽  
Fourth Industrial Revolution ◽  
The World ◽  
Basic Level ◽  
The Revolution

The world stands on the precarious edge of an innovative transformation that will on a very basic level modify the manner in which we live, work, and identify with each other. In its scale, degree, and unpredictability, the change will be not normal for anything mankind has encountered previously. We don't yet know exactly how it will unfurl, however one thing is clear: the reaction to it should be incorporated and exhaustive, including all partners of the worldwide nation, from the general population and private segments to the scholarly community and common society. It is The Fourth Industrial Revolution, the digital revolution. The digital revolution has opened way for many impacts. All of the emirates are experiencing the effects of the “Fourth Industrial Revolution.” This revolution reflects the velocity, scope, and systems impact of a digital transformation that is changing economies, jobs, and work as it is currently known. Characteristics of the revolution include a fusion of technologies across the physical, digital, and biological spheres.

scholarly journals The analysis of the digital transformation trends in the Ukrainian economy

VUZF Review ◽  
2021 ◽  
Vol 6 (4) ◽  
pp. 136-144
Author(s):  
Hanna Snopenko ◽  
Olga Balueva ◽  
Olena Tanchyk
Keyword(s):  
Development Strategy ◽  
Business Models ◽  
Business Processes ◽  
Industrial Revolution ◽  
Digital Economy ◽  
Digital Transformation ◽  
New Production ◽  
Fourth Industrial Revolution ◽  
Digital World ◽  
The World

The consistent evolution of technology around the world creates new production tools and opportunities for different economic agents. As a result, new economic structures are emerging as a result of industrial revolutions. Today, the digital economy is seen as the backbone of the fourth industrial revolution, as there is a clear shift in the underlying technology and signs of a technological and economic paradigm shift. The current stage of the industrial revolution is associated with the Internet communication technologies development, which has significantly changed the technology of business processes and has been called "digitalisation". Thus, the fourth industrial revolution and the third wave of globalisation are based on the digital economy. The article explores trends in the development of the Ukrainian economy under the influence of ubiquitous digitalisation. Digital transformation changes traditional business models of organisations, allowing them to occupy profitable niches in global markets, raising the prestige of business and the state as a whole. In today's environment, the level of digitalisation illustrates the degree of companies' competitiveness and is a determining factor in development strategy. To analyse the processes of digitalisation and determine the place of Ukraine in the digital world, the article identifies and describes four zones of digital transformation, which are particular to the world economies. It is determined that Ukraine has fallen into a zone of prospective economies, where digital infrastructure is limited. Still, digital development is accelerating, indicating the potential for digitalisation to flourish, which will benefit economic recovery from the COVID-19 pandemic and long-term transformation. Ukraine's integral digital transformation index score is placed at 2.81 out of a possible 5 in 2021. It was determined that the main barriers to the digital transformation development in Ukrainian business include ineffective legislation, insufficient funding and low digital literacy of the population. However, the highest score among the index components was given to companies' overall level of digital transformation. A positive result of the survey is confirmation of increased investment in the digital technologies development in Ukraine: priority investments in this area include customer interaction, data analytics and HR management.

scholarly journals Analysis of the World Experience of Digital Transformation of Industry: Institutional Model

2019 ◽  
pp. 21-35 ◽  
Author(s):  
I. A. Zubritskaya
Keyword(s):  
Industrial Production ◽  
Industrial Revolution ◽  
Digital Transformation ◽  
Economic Mechanism ◽  
Fourth Industrial Revolution ◽  
The World ◽  
Technological Means ◽  
Institutional Model

The article describes the world experience of implementation technical and technological means of the fourth industrial revolution in industry. The main practical approaches to the digital transformation of industry are systematized, the key trends of the existing mechanisms digital transformation of industrial production are highlighted. Based on the results of the analysis, an institutional model of the organizational and economic mechanism digital transformation of the manufacturing industryRepublicof Belarusis proposed.

Impact of Blockchain on E-Commerce

2021 ◽  
pp. 226-235
Author(s):  
Palvinder Kaur ◽  
Manminder Kaur
Keyword(s):  
Industrial Revolution ◽  
Digital Transformation ◽  
Innovative Technologies ◽  
Fourth Industrial Revolution ◽  
Current Disruption ◽  
The World ◽  
Long Time ◽  
Short Run

The current disruption has created many challenges for all businesses in the short run, but it has created many opportunities in the long time. By helping in crisis and recovery, blockchain can play a prominent role in accelerating post-crisis digital transformation initiatives. Trade has become more efficient, more inclusive, and less costly through blockchain. These innovative technologies in the fourth industrial revolution are transforming the world by making the processes more inclusive and efficient.

Responsiveness of Academic Libraries in South Africa to Research Support in the 4th Industrial Revolution: A Preliminary study

2020 ◽  
Author(s):  
Dennis N. Ocholla ◽  
◽  
Lyudmila Ocholla ◽  
Keyword(s):  
South Africa ◽  
Industrial Revolution ◽  
Library Services ◽  
World Economic Forum ◽  
Digital Revolution ◽  
University Library ◽  
The World ◽  
World Economic ◽  
Smart Technologies ◽  
The Revolution

At the World Economic Forum in Davos, Switzerland, in 2016, the concept of the 4th Industrial revolution (4IR) was coined by Klaus Schwab, Founder and Executive Chairman of the World Economic Forum, with the reference that it would be building on «the Third, the digital revolution» and would be «characterized by a fusion of technologies that is blurring the lines between the physical, digital, and biological». Thus, the ‘smart’ technologies will spearhead the revolution. We acknowledge that the 4IR will impact on everything, everywhere, including research and libraries. In this paper we conceptualize 4IR, and compare current academic/university library services/trends in South Africa with 4IR requirements through the analysis of 26 public university library websites. The findings show that the libraries are responding well to the revolution through their services, with remarkable of innovation and creativity on display. The study expects library services to be responsive, resourced and accessible anytime and anywhere, and provides a framework for further research and exploration in the region and perhaps elsewhere.

scholarly journals Digital Transformation Modelling in the Context of Slowbalization

2021 ◽  
Vol 100 ◽  
pp. 01003
Author(s):  
Iluta Arbidane ◽  
Hanna Purii ◽  
Abdukhakim Mamanazarov ◽  
Serhii Hushko ◽  
Volodymyr Kulishov
Keyword(s):  
Industry 4.0 ◽  
Structural Changes ◽  
Industrial Revolution ◽  
Digital Transformation ◽  
Priority Areas ◽  
Fourth Industrial Revolution ◽  
The World ◽  
Increment Rate ◽  
National Economies ◽  
Positive Results

The article studies modern concepts and theories of digital transformation of society, analyzes structural changes in the economy during the fourth industrial revolution, presents different views of experts on the expected positive results of Industry 4.0 in the context of globalization. The authors suggest models and correlate increment rate dynamics with the information globalization index in the world and individual countries, and identify trends in the development of digital transformation in the context of slowbalization. The study considers possible consequences and risks of Industry 4.0 and ways to level them, outlines the priority areas of digital transformation to ensure high competitiveness of national economies in the period of slowbalization.

scholarly journals Foreword

2017 ◽  
Vol 6 (1) ◽  
pp. 4
Author(s):  
Manuela Epure
Keyword(s):  
Economic Growth ◽  
Genetic Engineering ◽  
Global Governance ◽  
Industrial Revolution ◽  
Responsible Leadership ◽  
World Economic Forum ◽  
Digital Revolution ◽  
Fourth Industrial Revolution ◽  
The World ◽  
World Economic

Recently, the World Economic Forum Annual Meeting took place from 17-20 January 2017 at Davos-Klosters, Switzerland and then key topic was Global Governance and the related issues such as: Fourth Industrial Revolution, responsive and responsible leadership, restoring economic growth and global collaboration.[1]Important changes are expected regarding size, speed and scope of these transformations that Fourth Industrial Revolution generated.  The transformations consist mainly of new systems built on the infrastructure of the digital revolution. Also, this will fundamentally change the way in which we produce, consume, move, communicate and interact with one another.  Nanotechnologies and given new powers of genetic engineering will impact dramatically who we are and how we think and behave[2] . 

Understanding the paradigm shift in maritime education

2020 ◽  
Vol 12 (1) ◽  
pp. 90-97 ◽  
Author(s):  
Erica Simmons ◽  
Grace McLean
Keyword(s):  
Industrial Revolution ◽  
Digital Transformation ◽  
Education Sector ◽  
Maritime Industry ◽  
Content Type ◽  
Maritime Education ◽  
Fourth Industrial Revolution ◽  
Starting Point ◽  
The World ◽  
The Future

Purpose The purpose of this paper is to examine the changes that will impact learners and learning in the Fourth Industrial Revolution and provide recommendations for transforming education to meet the needs of the maritime industry. Design/methodology/approach The paper reviews the definition of the Fourth Industrial Revolution and the changes that have occurred in industry as a result. It looks at key Fourth Industrial Revolution technologies and its impacts on the maritime industry. It then presents some strategies for how the maritime education sector can begin to address the paradigm shifts that will be needed to transform education so as to focus on the advantages that can be derived from the Fourth Industrial Revolution. Findings Rapid technological advances are transforming the process of education around the world and will continue to disrupt not only the education sector but entire industries – education being only one of them. The maritime sector has some specific technologies that will drive digital transformation of business models. Maritime educational institutions around the world will need to be prepared to respond rapidly to this paradigm change and provide the skilled labour the industry will require to remain competitive. Research limitations/implications While the technologies that are impacting the Fourth Industrial Revolution have clearly been identified, the education sector still needs practical applications and integration into curriculum and learning to truly embrace the opportunities for the development of workforce competencies in this new age. Practical implications The maritime education sector must now start implementing strategies to expose students to new Fourth Industrial Revolution technologies such as artificial intelligence, machine learning, robotics, blockchain and automation technology and how they are changing the future of work. A new shift in the conscious application of these game-changing technologies will be required, and examples of integration are discussed as a starting point for building a long-term plan. Social implications The development of the human capital needed in the Fourth Industrial Revolution must begin now, and it presents challenges to those in the maritime education sector. It, therefore, requires that a digital transformation strategy is in place to deliver the specialized skills and new knowledge workers will need in the future. Originality/value This paper discusses the disruption that the Fourth Industrial Revolution technologies will bring to maritime education. One of the findings demonstrates that it clear that it is no longer competitive to ignore the disruption that is happening, and action is needed now.

scholarly journals SCIENTIFIC AND TECHNOLOGICAL DEVELOPMENT AS A FACTOR OF ACCELERATING ECONOMIC GROWTH IN RUSSIA

2021 ◽  
Vol 230 (4) ◽  
pp. 237-244
Author(s):  
E.B. LENCHUK ◽  
Keyword(s):  
Economic Growth ◽  
World Economy ◽  
Large Scale ◽  
Industrial Revolution ◽  
Technological Development ◽  
Technological Basis ◽  
Fourth Industrial Revolution ◽  
The World ◽  
Sustainable Economic Growth ◽  
Scientific And Technological Development

The article deals with the modern processes of changing the technological basis of the world economy on the basis of large-scale transition to the use of technologies of the fourth industrial revolution, shaping new markets and opens up prospects for sustainable economic growth. It is in the scientific and technological sphere that the competition between countries is shifting. Russia remains nearly invisible player in this field. The author tried to consider the main reasons for such a lag and identify a set of measures of state scientific and technological policy that can give the necessary impetus to the scientific and technological development of Russia.

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