Recently, I was invited to a Seminar on “Asset Management : Readiness And Challenges Towards IR 4.0”, 20 August, 2019 @ Dewan Azman Hashim, Universiti Teknologi Malaysia, Jalan Semarak, Kuala Lumpur.
Some of the Talking points:
- We have been talking about Era IR 4.0 whereas we didn’t realize that we have been passing through the Era of IR 1.0, 2.0 and 3.0. Many still living in Era 1.0. How do we take the step forward?
- Did you know that we are still in the Era of IR 2.7? It’s great because we have a lot of opportunities for business.
- There are 4 top barriers of IR 4.0 adoption: 1) Lack of business case 2) Difficulty in coordinating across organizational units 3) Lack of talent 4) Lack of courage to push radical transformation And the fourth barrier is the main culprit. Not a risk taker and difficult to change the old achool mindset.
- Construction in the Era of IR 4.0 uses different technology pillars as compared to the Industry 4wrd meant for Smart Manufacturing. In fact, different industry verticals have different pillars (some might have common tech pillars). Learn and discover how your industry can take a step into IR 4.0.
Check out the FULL presentation slides below for more details.