The fourth Industrial Revolution (Industry 4.0) is the ongoing automation of traditional manufacturing and industrial practices, using modern smart technology. It is the altering of the way products are created by spreading digitized manufacturing/processing and automation. The goal of Industry 4.0 is to increase the amount of usable data and improve decision making. Nowadays many organisations still don't understand how Industry 4.0 could impact their business as well as are struggling to find the know-how or workforce to support their transition. The Knowledge, Innovation and Strategies Management Club is part of the TransIT project, co-funded by the Erasmus+ programme of the European Union. We are aiming to develop and provide innovative curricula, educational methods and training courses that guarantee an effective transition to Industry 4.0 standards. Moreover, the project is developing work-based competences necessary for managing the transition to Industry 4.0. Read more about the TransIT project's objectives here. The project will provide a solution for company leaders, industry executives, HR professionals, SMEs and VET centers. We strive to inspire these groups to innovate and optimise their potential in the times of transitioning to Industry 4.0. According to Worximity, more and more technologies will be implanted in factories, there will be increase in the human-machine interactions and new jobs will be created, whilst employers will look for a variety of skills related to the transition to 4.0.
In one of their blog articles, Worximity suggests a number of tips to address the changes impacting the workforce in the era of Industry 4.0.
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The Knowledge, Innovation and Strategies Management Club is a non-profit organisation set up in Sofia, Bulgaria in 2012 to foster knowledge and innovation management across South East Europe. KISMC is supporting the development of the innovation ecosystem in the region by bridging the gap between education, research and business.
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