The Fourth Industrial Revolution And Its Impact On The Digital Revolution

The developments and transformations of technological revolutions, from the First Industrial Revolution to the Fourth Industrial Revolution, have plays important roles and significantly influences our working environments, social commutations, and economic development (Schwab, 2016). Following by the breakthrough of the Fourth Industrial Revolution, the expanding of digital platform and innovation of technology significantly promote the global communication, efficiency on three aspects, included business, people, and government. In order to successfully corporate and innovate into Fourth Industrial Revolution, the business study and the transforming from STEM to STEAM are valuable and needed to be prepared for the future, not only with hard skills, but also needs soft skills.

This technological advancement facilitates the potential use of a \ac{WHTD} as a solution to relieve the burden on the health care system. The \ac{WHTD} refers to the devices which are capable of monitoring the physiological signs (e.g., heart activity, \ac{ECG}, \ac{EMG}, blood pressure, body temperature, oxygen saturation, etc.) of the human body and its surrounding environment (e.g., light, humidity, temperature, etc.) using a number of sensors located on or/and in the human body using \ac{BAN} \cite{movassaghi2014wireless,bangash2014survey,jovanov2011body}. This has been employed in various applications, such as military and sports training, \ac{HCI}, entertainment (interactive gaming), home and office automation, environmental monitoring, and \ac{VR}. It has also shown a tremendous potential as a personal healthcare system, which can provide services such as remote patient and elderly people monitoring, activity monitoring, rehabilitation, and disability assistance services as these devices can monitor health status seamlessly in real-time without disturbing users daily life. Consequently, major \ac{ICT} companies are introducing various wearable devices and services with Personalised Health Data management systems. Apple iWatch with HealthKit, Samsung Galaxy fit and Samsung Digital Health, and Google Fit are some of the

My knowledge in this area is reflected with my understanding in the concept of remotely monitoring patients is not new but recently a lot of attention has been placed on smart wearable body sensors (SWS). Therefore, these devices contain an assortment of different sensors which can be used to monitor variables and transmit data either to a personal device or to a storage site. The variety of the sensors can be attributed to the types of stimuli that they respond to, for an example, physiological vital signs, body movements, and organic substances and their placements clothing, subcutaneous implant, body part accessory, and many more. These devices have the opportunity to meet the patients’ needs by administering information in real-time to the patient’s smartphone, computer or other wireless devices and has the potential to influence their behaviours. The sensors allow patients to self-monitor, track, and assess human physiological data, while also providing interfaces and a dashboard for healthcare providers. These sensors are easily managed and are becoming increasingly accurate and reliable for patient care. The SWS’s can also be utilized as a diagnostic tool to

The concept behind electronic tattoos is simple. The idea is to create an electronic device, usually involving sensors, that is thinner than a sheet of paper and as flexible as a Band-Aid that can stick to the skin.

Based on what can be gathered by the documentary, the Fourth Industrial Revolution is more focused on the proliferation of current technologies and the restructuring of the social canvas. In addition, there seems to be an undeniable focus on bio-enhancements, like renewable energy resources. The effort is admirable when it comes to braking the established barriers and setting goals beyond expectations to better the quality of human life.

Soon, robots will be everywhere.They will be at your school, at your home, at the store, but not at work because they have taken your job. Nearly fifteen years after the Third Industrial Revolution, America is anxiously awaiting the upcoming Technological Revolution (properly known as The Fourth Industrial Revolution).They are fearful of such an advancement in technology, unlike the Chinese who have embraced such improvements with open arms. The Revolution raises many concerns over job loss, security flaws, and unequally distributed power within the government. Jeremy Chew, author of “Don’t Worry, Technology Won’t Take Your Job”, reassures his audience by stating “Technological advances have always caused upheavals.

3. What is the “4th Industrial Revolution” and its implications for the global economy of the 21st Century?

Now it has started to come to the Fourth Industrial Revolution which is actually escalating on the third but not really so. The fourth one is basically a mixture of physical, digital, and biological technological revolution which caused the lines to be blurred among them. [1] [2] It also portrays as a merger of cyber-physical systems, Internet of Things, and Internet of Systems. It is the idea which machines are supplemented with network and system connection to build products autonomously. [3] The fourth revolution started to materialise no more than a jubilee years

Western civilization has already witnessed three industrial revolutions, which have led to disruptive changes in industrial processes, resulting in a significant increase in productivity. The first introduced steam and water power to mechanize production. The second used electric power to create mass production (assembly lines) and the third used electronics and IT to automate production. The fourth industrial revolution is already in progress. This time, the Internet is combining with intelligent machines, systems and processes to form a sophisticated network that integrates the cyber and the physical worlds (Dujin, Geissler, & Horstkötter, 2014).

(Bonato) This class of devices encompasses all devices worn on the body that record and report information about a user’s health and physical condition. The newest element in the grandiose vision of the “Internet of Things,” these devices have the potential to play a crucial role in solving the mystery of the human organism.

Vital Connect a maker of wearable sensors for remote monitoring has raised millions to move forward with its remote monitoring platform and a medical-grade wearable sensor system.  The company MVM Life Science Partners who have led the financing had been looking for a wireless technology that could have a greater return for investors and higher quality care for patients in which VitalConnect does just that. Approved and cleared by the FDA is their disposable peel/stick health sensor.  These sensors can measure a range of data, including ECG, heart rate, respiratory rate, skin temperature, heart rate variability and even posture.  The sensor sends data, via Bluetooth through either an application or hub, in which sends to a cloud-based

We are standing at the precipice of what some call the 4th Industrial Revolution. The 4th Industrial Revolution is being described as a technological revolution that will fundamentally alter the way we live, work, and relate to one another. We are rapidly moving to an era where billions of people will be connected by mobile devices with unprecedented processing power and storage capacity. Our access to knowledge will be unlimited.

A study provided by the MIT technology reveals that the amount of connected devices will increase from the 17 billion in 2014 to 28 billion in 2020 [PAUL16, S. 8]. This will bring about a new wave in the business to business domain as well. This may trigger a major renewal of the traditional manufacturing value chain as digitization will offer a completely different axis of value creation. For example improved accountability and visibility, streamlined processes with improved control and flexibility, improved communi-cation and real time integration. [ABOL17, S.

The endemic digitisation of products, value chains and data in today’s modern age has been coined the ‘Fourth Industrial Revolution’ (PwC 2014). Also known as the “Internet of Things” and “Industry 4.0”, this era of digital technologies can be seen as a megatrend, with one fifth of industrial companies having digitised their core processes within the value chain as of 2014 (PwC 2014).

The concept of the internet of things abbreviated as IoT was introduced as early as the late 90’s by Kevin Ashton, the Executive Director of Auto-ID Labs and a professor at Massachusetts Institute of Technology. Now, “the Internet of things is already a disruptive technology capable of determining fundamental changes that are happening in everyday life, and it is considered the fourth industrial revolution.” (Hucanu) The Internet of Things (IoT)