Ensuring employers and employees benefit from the Fourth Industrial Revolution
By Neil Blagden, Director of Digital & Commercial Operations, Vodafone UK
Fourth industrial revolution (4IR) technologies, from artificial intelligence to the Internet of Things (IoT), are changing how we work for the better. 5G, the next generation of wireless connectivity, will bring faster mobile internet speeds and network response times than ever before. These technologies have the potential to deliver real productivity gains for organisations across the UK. To help policymakers ensure that both employers and employees realise the full benefits of 4IR innovations, we commissioned a new report from the Social Market Foundation.
This report is the second in a series on the impact of 4IR in the UK. It builds on the first report, “4IR in the Home”, which examined how new innovations are improving our quality of life in areas like care, transport and the home. The latest report “4IR in the Workplace”, available below, looks at how new technologies are enhancing the performance of businesses and employees. For example, big data analytics are helping retail businesses respond faster to trends in customer demand. And by taking on routine tasks, artificial intelligence is freeing up employees’ time so they can focus on creative, stimulating work that relies on human insight.
Vodafone is an industry leader in technologies like 5G and IoT, and we have seen first-hand how 4IR advancements in the workplace can benefit people as well as organisations. Rising productivity, a reduction in repetitive, monotonous tasks, more fulfilling work – these are all possible thanks to digital innovation and ultra-fast connectivity.
As this report makes clear, employers and employees have a great deal to gain from this latest wave in industrial development. With strong business leadership and the right legislative environment, we can all enjoy the benefits.
Read “4IR in the Workplace” by clicking on the Download Report button.