The Fourth Industrial Revolution Malaysia

In essence the fourth industrial revolution is the trend towards automation and data exchange in manufacturing technologies and processes which include cyber physical systems cps the internet of things iot industrial internet of things iiot cloud computing cognitive computing and artificial intelligence.

The fourth industrial revolution malaysia. We stand on the brink of a technological revolution that will fundamentally alter the way we live work and relate to one another. Unfortunately cybercrime is equally enabled in the fourth industrial revolution equation. We all understand that the world is now riding on the waves of the fourth industrial revolution fuelled by digital technology. On oct 31 2018 miti has launched the national policy on industry 4 0 aimed at boosting digital transformation in the malaysian manufacturing sector and its related services by facilitating companies to embrace the related technologies in a systematic and comprehensive manner.

It is also likely to change the things we value and the way we value them in the future. In facing external and internal economic challenges it is crucial to remain agile and focus on innovation to propel high value added industries which in turn would reap immense economic gains for the country in years to come. The establishment of a clear policy direction to navigate the waters of the fourth industrial revolution is a positive step for the people of malaysia. The movement and transformation to the digital era is happening now and it s happening so quickly.

Presently we can already see changing business models and employment trends. This basically allows you to use the presentation as you like as long as you acknowledge the source. The fourth industrial revolution 4ir is expected to change how we live work and communicate. The fourth industrial revolution therefore provides an opportunity for asean to meet its goal of greater inclusion by integrating msmes into global value chains.

Optimal leadership will have to embrace collaboration between next generation industries government and. This presentation by might to miti is under a creative commons attribution 4 0 license.