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The 4th Industrial Revolution and what it means for business.

By: Tom Leahy | Posted on: 03 Dec 2019

The 4th Industrial Revolution and what it means for business.

The 4th Industrial Revolution is underway driven by digitalisation. I think we can all accept that it is critical for business to be on-board this transformational change journey in order to remain competitive internationally.

 

EI and other State agencies have various supports available to assist business implement appropriate changes to their manufacturing processes and also upskill their people.

 

These supports are under review at present under the Government’s review of Industry 4.0 and the expectations are that further supports will be made available to indigenous businesses as the government seek to shift focus from FDI activity to support the scaling ambitions of the indigenous sector. Worth keeping an eye on this space over coming months.

 

The attached will be useful as business’s look to the future and identify the areas for improvement to allow them stay profitable and competitive in a fast changing landscape.