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What is Industrial Revolution 4.0

Handbook of Research on Disruptive Innovation and Digital Transformation in Asia
The fourth industrial revolution is the current and developing environment in which disruptive technologies and trends are changing the way human beings live and carry out business.
Published in Chapter:
Banking and Financial Services Industry in the Wake of Industrial Revolution 4.0: Challenges Ahead
Vibha Bhandari (College of Applied Sciences, University of Technology and Applied Sciences, Nizwa, Oman)
DOI: 10.4018/978-1-7998-6477-6.ch005
Abstract
The banking and financial services industry today stands at the crossroads between the traditional methods of business and the evolving modern methods of banking and providing financial services. Technological advancement in the field of finance has led to a whole new form of doing business which is a radical departure from the conventional methods of doing business. The players in the field of banking and finance are facing challenges and competition from entities which never existed in the traditional sphere. The banking and financial industry is not only facing stiff competition from these new age players; it is also facing challenges to find fresh talent who can tide off this industry. This chapter in its existing form shall present an overview of the banking and financial industry of today in the wake of Industrial Revolution 4.0 and identify some associated challenges.
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Transformation and Development of Agriculture Sector in Industrial Revolution 4.0 Era in Indonesia
The ongoing automation of traditional manufacturing and industrial practices, using modern smart technology. Large-scale machine-to-machine communication (M2M) and the internet of things (IoT) are integrated for increased automation, improved communication and self-monitoring, and production of smart machines that can analyze and diagnose issues without the need for human intervention.
Full Text Chapter Download: US $37.50 Add to Cart
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