Mastering the fourth industrial revolution
World leaders are gathering at the World Economic Forum in Davos this week to discuss global, regional and industry agendas.
The small, sleepy Swiss town of Davos-Klosters is about to come alive again. For four days later this month, world leaders from business, government and NGOs will gather at the World Economic Forum (WEF) Annual meeting to share insights on how best to address global, regional and industry agendas.
I’m looking forward to being there again. It is a unique opportunity to take the temperature of government, economic and social opinion — and to network with peers. However, this year holds special resonance for CA Technologies, since the theme for the 2016 Forum is “Mastering the Fourth Industrial Revolution”.
Why the special resonance? Well, we live in a fast-paced, interconnected world — it’s driven by the web, by the mobile, by the cloud.
To capitalise on the unique opportunities and demands of this increasingly connected global populace, we must transform into an agile society. One that is able to react faster and more effectively to geopolitical, economic or cultural indicators and events.
That agile transformation is core to “Mastering the Fourth Industrial Revolution” and must be driven by leaders of business, government and NGOs. It must be holistic and genuine and it must reflect a collective embrace of agile governance principles.
Here’s the ‘but’.
Public and commercial organisations can only achieve this agile transformation if they address key areas of their operation, namely government, the skills gap and the application economy.
Agile transformation has the potential to re-invent the way public services are delivered. For example, medical professionals using the software-driven Internet of Things to perform deeper analytics that radically increases speed to diagnosis and treatment.
Likewise, ‘public entrepreneurship’ in the shape of initiatives such as Code for All is opening new channels for citizens to more meaningfully engage in the public sphere and have a positive impact on their communities.
As technology becomes more integrated across all industries, jobs of the future will require significantly more STEM expertise. To move to an agile society, organisations must address this inadequate STEM education access, all the way from childhood through post-secondary learning.
Here at CA Technologies, our Create Tomorrow strategy engages our European workforce in programmes to help address the technology skills gap and encourage more women to enter STEM-related careers. The Company is also proud to have joined the European Commission’s Grand Coalition and its eskills4jobs campaign, which aims to facilitate collaboration amongst businesses and education providers to help attract young people to learn ICT subjects.
We live in an application economy where business is driven by customer demands and early to market wins: vehicles are veering towards a self-driving future, things talk to each other and storefronts fit in your pocket; apps are everywhere.
Organisations that recognise the impact of software in their ability to compete will survive the disruption and lead the change. CA Technologies is helping its customers seize the opportunities of this new digital world. From mainframe to mobile, we serve the world’s leading enterprises across every industry with software products and solutions that can drive first-mover advantage.
This “Fourth Industrial Revolution” which we will hear so much about in Davos will bring change on a speed, scale and force unlike anything we’ve experienced before.
Radical, system-wide innovation can happen in the space of a few years — months even — and business models will be transformed.
To win in this revolution, organisations need the right technology skills in place. They need to optimise IT to make operations faster, smarter and more agile. Turn digital security from a barrier into a helper. And continuously make amazing apps that keep customers coming back.