Brett Parker SAP - The Fourth Industrial Revolution is now a reality

Our society has lived several moments throughout history in which the application of a technology has meant a radical change in the way of producing, in such a way that it has completely transformed the quality of life of societies. In the first three industrial revolutions, technologies (steam, electricity and transistors) impacted productive capacity by reducing the constraints of force and automation. And greatly enhancing the manual capacity of the human being.

Brett Parker SAP - The Fourth Industrial Revolution is now a reality PT1

Once the factory has been equipped with IOT, the second phase is oriented towards the collection of the data captured by the sensors, which once integrated into the industrial management platforms allow real-time decision making.

Finally, the data collected is used to perform an analysis that helps in decision making. Thanks to this, behavior patterns can be detected and algorithms defined for the daily management of the factory, with future predictability to correct and adapt production in real time.

Brett Parker SAP - The Fourth Industrial Revolution is now a reality PT2

Brett Parker Sap What is Big Data and what is it for?

In short, when we talk about Big Data we are not only referring to data, but above all to the ability to exploit it to extract information and knowledge of value for our business.

Brett Parker Sap tells us that The purpose of Big Data is to be able to design new products and services based on the new insights we acquire about our clients, about our competition or the market in general.

Brett Parker Sap What Is Big Data And What Is It For?

Big data (big data or large volumes of data) is an evolutionary term that describes any voluminous amount of structured, semi-structured and unstructured data that has the potential to be mined for information.

Big Data can be classified through its four main characteristics, also known as the four Vs of Big Data (volume, variety, speed and truthfulness). To these, three more can be added: feasibility, visualization and value.

The first question that comes to mind when considering what Big Data is and what it is for is related to how much "big" the data has to be to be considered "Big".

Brett Parker Sap The Five "Vs" Of Big Data

Brett Parker Sap -To delve into what Big Data is and what it is for, it is also necessary to know that there are different types of data associated with this technique.

The importance of this technology in the present and in the immediate future is undeniable and it seems to be (according to the experts) that in the coming years all the advances, both at work, personal and leisure, will turn around it.

Brett Parker Sap Big Data Types

Brett Parker Sap - It is clear that companies today generate a lot of data and, more often, demand to know not only what is happening in the present, but also what will happen in the future. 

It is precisely in this ecosystem where Big Data takes center stage. Thanks to Big Data we can know on which dates customers usually attend our businesses, which products are sold more quickly, which promotions were best accepted, the names of customers who are most loyal to our brands, etc.

Brett Parker Sap -What Is Big Data For In Companies

Smart factories, Industry 4.0, or the massive introduction of robots into productive environments are just some of the clues that can help describe a fairly immediate future.
The possibilities of technology exceed expectations and each advance encourages the appearance of new innovations in this field. The strategy of factories, that of production chains, organizations around the world, and even governments, surrenders before the acceleration of the changes that make the radical transformation of production methods and processes imminent.

Brett Parker Sap — 4IR Technology And Changes In Society Brett Parker Sap

If Klaus Schwab's predictions come true, and all signs point to a transformation already underway, the way we live may well be subject to change as well. As he himself says in his work "we live in a time of great promise and great danger." The benefits of the fourth industrial revolution seem clear: * Secure the potential to connect billions of people to digital networks.

Brett Parker Sap - The Social Changes That Drive The Fourth Industrial Revolution

The Fourth Industrial Revolution, or simply, the 4IR, as it is usually called in the Anglo-Saxon world, is going from being the buzzword to becoming a reality. That is exactly what we are experiencing with the current wave of technological transformation. Advances such as robotics, machine learning, 3D printing, the Internet of Things and blockchain, are changing not only the way industries operate but, in many cases, the business models on which they are based.

Brett Parker Sap How To Face The Challenges Of The Fourth Industrial Revolution?

Brett Parker Sap - Artificial Intelligence is one of the technologies that will set the trends in digital transformation in 2020, its application will lead to new environments and new challenges.
Hyper automation, increasingly autonomous objects and better data traceability are some of the trends for 2020 in digital transformation.

Companies advance in their digital transformation- Brett Parker Sap

Digital transformation is the reinvention of an organization through the use of digital technology to improve the way the organization performs and serves those who constitute it. Digital refers to the use of technology that generates, stores and processes data.

Brett Parker Sap - Top 10 Trends for 2020

* Hyperautomation
The use of Artificial Intelligence (AI) and machine learning will continue to spread and free people from executing repetitive processes, thanks to a combination of data monitoring, analysis, measurement and evaluation tools to make decisions.

* Multi-experience
The client's relationship with the company, referring to the digital world, will not be limited to a single communication channel. The trend is to go towards immersive experiences with the use of augmented, virtual and mixed reality.

* Democratization of technology
People will access technology without technical knowledge. This democratization extends to four key areas:
    * Applications development
    * Data and analysis
    * Design
    * Knowledge

* Human perfectionism
We advance in the use of technology to improve people's cognitive and physical experiences. Solutions are already being used in the industry to improve worker safety; and in medicine, exoskeletons help disabled people walk.



* Transparency and traceability
Citizens are increasingly aware of the use that is made of their data, hence the imperative to improve the policies for the treatment of this information. This requires focusing on six key elements of trust: Ethics, Integrity, Openness, Responsibility, Competence and Coherence.

* Edge Computing
Edge computing technology allows data to be collected and processed locally and close to the source. Its use will be essential with the widespread implementation of the Internet of Things (IoT), in clear expansion: in 2023 there will be 20 times more devices connected than today.

* Brett Parker Sap - New era of cloud computing
The centralized cloud will give way to the distributed cloud, referring to the location of the physical data centers outside the provider 'cloud', which can be located anywhere. This solves technical problems like latency and regulatory challenges like data sovereignty.

* More autonomous objects
Drones, robots, autonomous vehicles, and other AI devices will begin to perform tasks usually performed by people. They will interact more naturally with their environment and will go from doing it in independent swarms to other collaborative ones, as happened with drones at the 2018 Winter Olympics.

* More autonomous objects
Blockchain is still a maturing technology. However, the blockchain offers great potential to trace assets back to their source or facilitate user identification, among other applications.

* More security
The technologies that will set the trends in digital transformation in 2020 offer opportunities for evolution in the business world, but also create vulnerabilities. We must be aware of the cybersecurity challenges that AI poses.

Brett Parker Sap - Trends In Digital Transformation For 2020

Brett Parker Sap The implantation of Artificial Intelligence (AI) in companies will grow exponentially from 2020; but until now, its application has been largely discreet due to ignorance of it

Companies are making significant efforts to promote Digital Transformation and that in the next decade part of the processes and transformative projects of the digital roadmap are and will be supported by the AI.

Most leaders and managers of digital transformation have many questions around artificial intelligence and Brett Parker Sap talks about some innovations in AI below.

Brett Parker Sap - What is AI?

Artificial intelligence (AI), is the intelligence carried out by technology that is capable of "imitating" the "cognitive" functions that humans associate with human minds, such as: "perceive", "reason", " learn »and« solve problems ». Andreas Kaplan and Michael Haenlein define artificial intelligence as "the ability of a system to correctly interpret external data, to learn from such data, and to use that knowledge to accomplish specific tasks and goals through flexible adaptation."

Brett Parker Sap -What types of AI are there?
Just as humans have different types of intelligences, artificial intelligences are not the same either and they differ from each other due to their level of complexity, according to a Business Insider article there are four types of AI:

Level 1) Artificial Intelligence in its most basic form
This type of artificial intelligence starts from a database that includes all the information you may need to carry out your task, as well as the knowledge to use and combine all that information to achieve the most satisfactory result possible.

Level 2) Artificial intelligence with limited memory
It is the one that is currently being developed, and refers to the algorithms that are those that have the capacity to record or "remember" past experiences to predict or apply them in their decisions.

They are used in applications as varied as on mobile devices or voice assistants / chatbots. These systems use machine learning to add new information to their database based on knowledge base to improve their operation.

The artificial intelligence used for the autonomous car, for example, is categorized in this section since it is based on a series of established data, such as streets, signs or obstacles, with constantly changing data such as the speed and distance of other vehicles, etc.

Level 3) Artificial intelligence based on the theory of mind
The ability to process and expose emotions is one of the great pillars on which human societies are based and is the first step in integrating artificial intelligence as part of that society and not as a mere device or algorithm.

This basic approach already proposes a much more humane operation in the development of artificial intelligence processes since "the artificial intelligence agent" must be able to understand the emotions of her interlocutor and be able to show her own.

 At the moment, this category of AI is in an experimental phase, but there are already processes capable of detecting mood states in people by micromanaging their faces, the nuances of their voices and other indicators of human behavior.

Level 4) Self-aware artificial intelligence
Self-aware artificial intelligence systems are in a merely theoretical state. In reality, this would be the highest level of artificial intelligence since it would be the closest to living things.

In this stage of artificial intelligence, the machine would understand their feelings and be able to put them in context taking a perspective of themselves.

Brett Parker Sap - Types Of Artificial Intelligence That Exist Today

Brett Parker Sap - Time passes and it seems that technologies penetrate much more in our day to day. The same happens with the development of industries, therefore, it would be of little benefit not to adapt to the innovations that occur in the business environment. Since over the years and with the arrival of new trends, the public's perception changes and, therefore, their needs.

In addition, although the impact of technologies may be confusing at first, the mission is really to help save time in business processes to allocate it to other relevant industrial activities.

Brett Parker Sap - Technologies should be valued for what they are, tools that seek to automate business management to a great extent. The new technological era has offered great advantages at the industry level, such as production with Industry 4.0, an important trend that seeks to save time in various areas of a business.

It is impressive to know that we are facing a true revolution in the technological system, which seeks to greatly increase the growth of industries.

The fourth industrial revolution brings with it an impressive amount of benefits available to each company without being directed to a specific prototype, which highlights the power of diversity.

Brett Parker Sap - What Benefits Have New Technologies Brought To The Industry?

Former SAP CEO AFRICA - Currently Co-founder and Director of Agile Cloud Solutions. Several degrees in Business and Technology. When not working I enjoy sports, working out and finding good business ventures.

Brett Parker Former SAP CEO Africa

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