Innovation is no longer a nice-to-have. In the era of the 4th Industrial Revolution and smart cities, it may mean the difference between corporate life and death, says Greg Morris, CEO, MMG Holdings.
At MMG we believe, further, that a citizen-centric approach must lie at the core of any innovation strategy. To benefit the man on the street, SA companies must collaborate in providing holistic technologies and solutions for sustainable smart cities.
Here is some advice.
4th Industrial Revolution
First, the background. German economist Klaus Schwab is the thinker most commonly associated with the 4th Industrial Revolution. In 2007, he told the World Economic Forum (which he founded) that the world was entering a phase of digital shake-up that promised to turn on its head the past several decades of growth in electronics and computer technology.[Full Story.]