The First Industrial Revolution used steam power to mechanize production. The Second used electric power to create mass production. The Third used electronics and information technology to automate production. Now a Fourth Industrial Revolution is building on the Third. It is characterized by a fusion of technologies that is blurring the lines between the physical, digital, and biological spheres.
Professor Klaus Schwab
In this TED Talk, Olivier Scalabre discusses the next manufacturing revolution. Olivier Scalabre heads BCG’s Operations Practice for Western Europe, North Africa and South America. In the last three years, he launched BCG Ops Centers, serving regions out of Paris, London, and Sao Paolo via 100 experts dedicated to manufacturing, supply chain, procurement and services operations across industries. As part of his career at BCG, Scalabre has worked both in mature and emerging markets, most notably out of the BCG New Delhi and BCG Paris offices.
Watch this engaging TED Talk here: