Monday, 4 December 2017

The 4th Industrial Revolution

The UK Government predicts the Fourth Industrial Revolution will generate £455 billion over the next ten years. But how will UK businesses make the best use of technology, its staff and, more importantly, its data to generate such revenue? What will be the impact of Brexit?

Big Data LDN today launches the largest Fourth Industrial Revolution Report, gathering the views of senior data leaders from UK organisations. Alan Mak MP, who leads the Government All Parliamentary Group on Fourth Industrial Revolution supports the findings of the report.

The report will show:

Brexit an opportunity to boost revenue - 44% believe Brexit will boost innovation in their organisation’s data usage and nearly a third (32%) of UK data leaders believe this country has the ability to create its own world-class legislation.

Skills gap saved by self-sufficiency - When asked how they will obtain the skill sets needed for the Fourth Industrial Revolution, 60% will identify and redeploy staff with transferable skills, and only 2% of UK businesses surveyed will outsource.