The Fourth Industrial Revolution (4IR) refers to the blurring of boundaries between the physical, digital, and biological worlds. It’s a fusion of advances in artificial intelligence (AI), robotics, the Internet of Things (IoT), 3D printing, genetic engineering, quantum computing, and other technologies. This leads to organisational and structural changes, some not so readily welcomed, particularly by SMMEs.
These may include increased spending on technology, considering running costs and maintenance et al. Could this present an opportunity to restructure expenditure and rotate capital within these small businesses, giving a better chance of success?
We share some thoughts on how your business can address this question…