How Fourth Industrial Revolution will impact on Africa significantly in 2 years

The Fourth Industrial Revolution will significantly impact on Africa in the next two years, a technologist, Mr David Alozie, predicted on Wednesday.

Alozie, the Managing Director of Wiretooth Technologies, made the prediction at the Disruptive Africa Conference and Expo in Lagos.

The conference, convened by Alozie, had the theme: ”Digital Business Evolution: The Future is Here”.

The Fourth Industrial Revolution is the fourth major industrial era since the initial industrial revolution of the 18th century.

According to Alozie, industrial revolution is a technological movement or change, which advances major areas of human lives by changing the way they live and do things.

“It is predictable that this industrial revolution will significantly impact on Africa within the next 24 months; it is arising from the need to seamlessly connect and transact businesses with foreign organisations already leveraging on disruptive technologies.

“This will usher in the ‘business unusual’ era,” he said.

He described disruptive technologies as technologies that could help humans to achieve better results with less resources.

Alozie said that such technologies would increase efficiency, improve products, processes and service delivery as well as cut costs, thereby increasing profits.

The technologist listed disruptive technologies to include IoT, cloud technology, artificial Intelligence, augmented/virtual reality, blockchain, genome, nanotech medicine, and 3D printing.

He urged members of the public to adopt disruptive technologies which, he said, were were already altering the way people lived and ran their businesses in some parts of the world.

According to him, computers could possess much knowledge about one’s business, products and processes, and interact with both internal and external customers as if they were trained staff members.

“This means that both African people, applicants, employers, companies and governments need to restructure their organisations to standout, to be sustainable and also lead the way in the fourth industrial revolution.

“Disruptive technologies in the present industrial revolution hold so much possibilities of saving the African economy.

“Countries that initiated and joined the Industrial Revolution Acts become world powers; so, there is a strong need for Nigeria to lead the way in the fourth industrial revolution,” he said.

Alozie called on African governments, decision-makers and owners of large corporations to start doing the right thing.

He said that they needed to understand the digital economy.

The technologists added that there was the need to build smart connectivity to enable IoT networks and smartcities to update and redesign industrial policies and regulation and enact policies that would support industrial and technological growth.

He called for capacity building on disruptive technologies; internet-of-things, blockchain, artificial intelligence, urging more understanding of the digital economy.

TheNewsGuru reports that the Expo was targeted at building knowledge on disruptive technologies and how people, governments, organisations, small and medium enterprises can leverage on it for more efficiency and productivity.