As technology continues to progress and permeate all aspects of our lives, what does the future of industry look like? Accenture research shows that we’re evolving to Industry X.0—the digital reinvention of industry. What does that mean, and how can you prepare your skills to succeed in the new future of work?
As a founding member of the World Economic Forum Center for the Fourth Industrial Revolution, Accenture is exploring opportunities for organizations in every industry across the globe to evolve to Industry X.0. Accenture Chief Strategy Officer Omar Abbosh joined a panel of leaders at the forefront of the revolution at the 2018 World Economic Forum in Davos, sharing his thoughts on the way the journey—from product development and marketing to selling and distributing—will change as companies move to digital services.
As companies—and entire industries—embrace digital technologies, they are building intelligent, innovative, interconnected new business models and creating entirely new ecosystems. The key to success is to find the right combination of technologies to grow core businesses and enhance customer engagement. The key to making it happen is to build a digital-ready workforce, armed with digital-ready skills and ready to collaborate with the machines.
- Digitization. Digital technologies are transforming production processes in all sectors, from high-tech to industrial equipment.
- Industrialization. Leading companies are already integrating these technologies to improve and evolve pillars of their value chain.
- Optimization. Innovative manufacturers recognize that enhancing the manufacturing process for even simple products presents new opportunities for growth.
These changes have created a need for a new breed of developmental and big data engineers, digital transformation managers and mobile application architects, ready to follow the different processes and mindset created during the evolution of industry. So—what skills can you build to succeed in Industry X.0?
Think critically. Think creatively. Stay agile and be ready to move between projects, and prepare to lead businesses into the New.
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