Fourth

Industrial
Revolution
Industry 4.0
 The Fourth Industrial Revolution
is still in its nascent state. But
with the swift pace of change
and disruption to business and
society, the time to join in is
now.
Gary Coleman, Global Industry Leader

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Industrial
Revolution
❑ The invention of machines to do the work of hand tools.

❑ The use of steam and later of other kinds of power.

❑ The adoption of the factory system.

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 Features of
Industrial Revolution

1 2 3 4 5
Usage of Iron Inventing Invention of Division of Increasing
& Steel New Energy New Labour Application of
Sources Machines Science

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 Advance Usage of Artificial Intelligence

Robotics

Features of
4th Industrial Internet of Things

Revolution
Genetic Engineering

Virtual Reality
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 Driving Forces of 4IR

Data Knowledge Artificial

Intelligence
Data is information Facts & skills acquired
that has been through experience,
translated into a form the theoretical or AI is intelligence
that is efficient for practical perceiving & inferring
movement or understanding of a information,
processing. subject. demonstrated by
machines.

Information Intelligence
Information is stimuli The ability to acquire
that have meaning in and apply
some context for its knowledge and skills.
receiver.
 Maps &
Navigation

Smart Artificial E-
Cars payment
Intelligence

Social
Media

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Blockchain
▪ Blockchain is a shared, immutable ledger that
facilitates the process of recording
transactions and tracking assets in a business
network.

▪ Asset can be tangible (a house, car, cash, land)

or intangible (intellectual property, patents,
copyrights, branding).

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Cryptocurrency
▪ Cryptocurrency is a digital currency, which is
an alternative form of payment created using
encryption algorithms.

▪ The use of encryption technologies means that

cryptocurrencies function both as a currency
and as a virtual accounting system.

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Internet of Things
▪ Internet of Things, refers to the collective
network of connected devices and the
technology that facilitates communication
between devices and the cloud.

▪ Internet of things (IoT) describes physical

objects with sensors, processing ability,
software and other technologies that connect
and exchange data.

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Virtual Reality (VR)
▪ Virtual Reality (VR) is a simulated experience
that employs pose tracking and 3D near-eye
displays to give the user an immersive feel of a
virtual world.

▪ Creates a simulated environment that can be

explored in 360 degrees.

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Robotics
▪ Robot is a type of automated machine that can
execute specific tasks with little or no human
intervention and with speed and precision.

▪ Robotics involves the design, construction,

operation, and use of robots.

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 Impacts of 4IR

Individual Business Social

National Economy
Individual Impacts
▪ Changes in Life-Style and Behavior
▪ Privacy
▪ Ownership
▪ Consumptions
▪ Time for Leisure
▪ Time for Works

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National Impacts
▪ Good Governance
▪ Accountability
▪ Transparency
▪ Quality Services for Citizens

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Impact on Business
▪ Customer expectations
▪ Data-enabled products
▪ New operating models

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Impact on Economy
▪ Improved technology and innovations will boost
productivity.
▪ Shift in the employment nature.
▪ Sets of new skills coupled with advanced
technological knowledge required to sustain in the
job market.
▪ New technologies will dramatically change the
nature of work across all industries.

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 Bangladesh & 4 th IR
38 High Tech Parks Software Technology Sheikh Hasina Software
Park Park

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 Investment in ICT Sector
2014-15

2015-16

2016-17

1017-18

0 2 4 6 8 10 12
Figure in Thousand Crore

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 Challenges
• Investment opportunity
Economic • Inequality
• Competition

• Data Security
Social
• Loss of Employment

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 Challenges
• The challenge in handling Industrial & Technological Waste
Environmental management
• Uncertainty use of energy sources

• Government policies
Political • Government’s intervention

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 Improve Efficiency and Productivity

Prospects & Knowledge Sharing and Collaboration

Opportunities
of 4th Sustainability

Industrial
Revolution Innovation Opportunity

Outsourcing
Thank You!
Created & Presented by

SHADNAN MAHMUD (IFC 7)