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Nokia CEO calls for the Fourth Industrial Revolution to be green

5G linked to increased economic productivity, industrial efficiencies and operator sustainability, Nokia CEO says Nokia CEO Rajeev Suri has regularly discussed how 5G can enable the digitalization that underpins the Fourth Industrial Revolution. In keeping with the theme of the recent World Economic Forum--"Stakeholders for...

Supply chain unites behind neutral platform to aggregate and augment blockchain data

The first “neutral aggregating platform” for tracing the provenance of goods in the supply chain has launched, pulling together and making visible data from sundry blockchains. The World Economic Forum described it as a “self-service track-and-trace” blockchain platform at its general meeting in Davos this...

Verizon CEO expecting 5G mobility service revenues in 2021

In 2019 Verizon launched mobile 5G in parts of 31 cities and a number of NFL stadiums and other arenas. While CEO Hans Vestberg, speaking to CNBC during the World Economic Forum in Davos, Switzerland, wouldn't reveal the 2020 deployment roadmap, he did say...

Davos calls for Reskilling Revolution, as 75% of manufacturers can’t fill roles

The World Economic Forum has zeroed-in on skills and training as it seeks to put the world right in Davos this week. It has launched a programmer, Reskilling Revolution, to provide one billion people with better education, skills and jobs in the face of...

Will 5G change the world? Views from the World Economic Forum

Titans of global government and industry are descending on Davos, Switzerland, this week for the World Economic Forum to explore the 2020 theme, "Stakeholders for a cohesive and sustainable world." And, as has increasingly been the case in recent years, leaders from the technology...

Where in the world is Industry 4.0 strongest? Napkin analysis of the ‘smartest factories’

As the headline suggests, this analysis should be seen in context. It offers only rapid arithmetic around the World Economic Forum’s (expanding) list of ‘lighthouse’ factories, which claim the most success with digital change. It considers the available data (the location and ownership of...

18 of the smartest factories in the world – featuring Hitachi, Infineon, Renault, Unilever

The World Economic Forum has named 18 new factories, mostly from Asia (and mostly in China), as part of its ‘global lighthouse network’ of advanced manufacturers. They join the existing roster of 26 factories. All of the sites have been assessed by consultancy McKinsey &...

Seven start supply chain consortium to standardise blockchain for mining industry

Seven mining and metals companies have joined a World Economic Forum initiative to design and deploy blockchain solutions for the whole industry. The seven founding companies are Antofagasta Minerals, Eurasian Resources Group, Glencore, Klöckner & Co, Minsur, Tata Steel, Anglo American/De Beers (Tracr). The group...

Major G20 alliance seeks to establish global standards for smart city tech

Fifteen smart city networks and tech governance groups, representing 200,000 public and private sector organisations in the smart cities space, have joined together to establish global policy standards for the use of connected devices in public spaces.  Their objective, they said, is to ensure cities...

Prioritise shared and electric cars over autonomous – to slash emissions by 95%

Cities must use all new mobility options, starting with shared and electric vehicles, if they are to decrease vehicle emissions by as much as 95 per cent by 2050. Focus on autonomous vehicles should come after immediate groundwork has been laid with shared high...

“A green earth and blue ocean is a growth generator,” Japanese PM tells Davos

Japanese prime minister Shinzo Abe told the World Economic Forum in Davos this week his country has been revitalised by recent economic policy, and will exploit data to create a fairer future, as part of a Society 5.0. “Japanese defeatism is defeated,” he said. The...

World Economic Forum’s new Industry 4.0 policy bureau puts focus on AI, blockchain

Membership of the World Economic Forum’s fledgling Centre for the Fourth Industrial Revolution Network (Centre Network) has swelled to over 100, with five nations and a number of international organisations joining the fray. They will help design policies for technologies including artificial intelligence (AI) and...

From BMW to Saudi Aramaco: Seven of the smartest factories in the world

The World Economic Forum has expanded its list of the most advanced factories in the world, consolidating Europe’s position as the smartest region for manufacturing. China shores up its second place. The US and Middle East trail behind. In total, seven new ‘lighthouse’ factories (listed...

India hot-houses AI, blockchain and drones in new centre for industrial revolution

A new Industry 4.0 design and policy centre has been opened in India by the World Economic Forum, in conjunction with the Indian government and the major industrial states of Andhra Pradesh and Maharashtra. Its first projects will focus on artificial intelligence (AI), blockchain,...

AI will create 133m new jobs by 2025, but not enough people to fill them

Artificial intelligence (AI) will create more jobs than its takes away, as well as bringing new efficiencies and profit making to enterprises. This is the conclusion of new research into the impact of AI on the global workforce, as well as the prevailing opinion...

Revealed: The world’s smartest factories and manufacturers

The most advanced factories in the world are in Europe and Asia, according to a new review of smart manufacturing by the World Economic Forum. Just one of the top factories is in the US. However, German and the US companies, often working outside their...

Key takeaways from IoT Solutions World Congress

Partnerships, ecosystems and platforms took center stage as the IoT industry gathered at IoT Solutions World Congress in Barcelona this week. The organizers of Internet of Things (IoT) conference IoT Solutions World Congress, held in Barcelona between 25-27 October, have every reason to rejoice. The second...

IoT industry must be proactive about ethical data use

Panel discussion: the Internet of Things (IoT) industry has a unique opportunity to enforce ethical data use right from the start. The billions of things that are expected to get connected will generate massive volumes of data. Making sense of that data will be key...

Industrial IoT test beds in focus at IOT Solutions World Congress

A number of industry leaders at IOT Solutions World Congress highlighted the importance of industrial IoT test beds in making the Industrial IoT a reality. When the Industrial Internet Consortium (IIC) was founded two years ago, few believed in the industrial IoT test beds the...

Nearly 9 out of 10 businesses unprepared for the industrial IoT

While a vast majority of business leaders expect the industrial IoT to become a reality very soon, only a minority are ready for it. The industrial Internet of Things (industrial IoT) or the fourth industrial revolution, defined by the World Economic Forum (WEF) as the...