06 September, 2023
Delving into OMRON's unwavering commitment to nurturing skills that empower the next generation, while the industry embarks on a transformative journey – a journey that unlocks the full potential of the Fourth Industrial Revolution (4IR) while boldly moving towards the Fifth Industrial Revolution (5IR).In the halls of academia, the boardrooms of visionary business leaders, and the chambers of forward-thinking politicians, a fervent debate evokes. It revolves around the profound shift from the Fourth Industrial Revolution, 4IR, or Industry 4.0 as it is also known, to Industry 5.0 will change the world in which we live.Historically the Industrial Revolution was the First Machine Age, and electricity the Second, then electronics was the Third, and the internet as platform the Fourth Machine Age. We are now entering the Fifth Machine Age, which highlights harmonious human-machine collaboration and the contributions of the industry to society. This is the moment to not only adapt but to lead, to pioneer, and to create a future where innovation knows no bounds. Klaus Schwab, the founder and executive chairman of the World Economic Forum has observed that: “We stand on the brink of a technological revolution that will fundamentally alter the way we live, work, and relate to one another. In its scale, scope, and complexity, the transformation will be unlike anything humankind has experienced before. Our world is undergoing a transformative shift. Global production is evolving, driven by the automation of traditional industrial practices through smart technology, M2M communication, and IoT integration. This synergy fuels heightened automation, seamless communication, and intelligent machines that autonomously analyse and diagnose challenges.The rise of AI sparks debates, hinting at deeper transformations within our societal tapestry. As we navigate this dynamic landscape, we are poised to embrace innovation and reshape our future.