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Ahead of the Curve
  • Manufacturing

Ahead of the Curve

How to implement a successful digital strategy to stay relevant in today’s tech-driven world

Publication:
Quality Progress
Date:
October 2019
Issue:
Volume 52 Issue 10
Pages:
pp. 30-39
Author(s):
Mehta, Kaushal
Organization(s):
Reliance Industries Ltd., Mumbai, India

Abstract

The world of business is constantly evolving, and as time passes, it evolves faster and faster. Business 4.0 is technology-driven and presents new ways for businesses to innovate and stay ahead of the curve. It is a combination of Technology 4.0 and Process 4.0, and Quality 4.0 can provide the support for rapid change. The emerging theme of Business 4.0 is collaboration, often through crowdsourcing, crowdfunding, and a sharing economy. Quality 4.0 must be able to leverage these and shift to deliver value in a collaborative environment.

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