APAC CIOOutlook

Advertise

with us

  • Technologies
      • Artificial Intelligence
      • Big Data
      • Blockchain
      • Cloud
      • Digital Transformation
      • Internet of Things
      • Low Code No Code
      • MarTech
      • Mobile Application
      • Security
      • Software Testing
      • Wireless
  • Industries
      • E-Commerce
      • Education
      • Logistics
      • Retail
      • Supply Chain
      • Travel and Hospitality
  • Platforms
      • Microsoft
      • Salesforce
      • SAP
  • Solutions
      • Business Intelligence
      • Cognitive
      • Contact Center
      • CRM
      • Cyber Security
      • Data Center
      • Gamification
      • Procurement
      • Smart City
      • Workflow
  • Home
  • CXO Insights
  • CIO Views
  • Vendors
  • News
  • Conferences
  • Whitepapers
  • Newsletter
  • Awards
Apac
  • Artificial Intelligence

    Big Data

    Blockchain

    Cloud

    Digital Transformation

    Internet of Things

    Low Code No Code

    MarTech

    Mobile Application

    Security

    Software Testing

    Wireless

  • E-Commerce

    Education

    Logistics

    Retail

    Supply Chain

    Travel and Hospitality

  • Microsoft

    Salesforce

    SAP

  • Business Intelligence

    Cognitive

    Contact Center

    CRM

    Cyber Security

    Data Center

    Gamification

    Procurement

    Smart City

    Workflow

Menu
    • Cognitive
    • Cyber Security
    • Hotel Management
    • Workflow
    • E-Commerce
    • Business Intelligence
    • MORE
    #

    Apac CIOOutlook Weekly Brief

    ×

    Be first to read the latest tech news, Industry Leader's Insights, and CIO interviews of medium and large enterprises exclusively from Apac CIOOutlook

    Subscribe

    loading

    THANK YOU FOR SUBSCRIBING

    • Home
    • Cognitive
    Editor's Pick (1 - 4 of 8)
    left
    Agile Transformation Journey

    Sachin Nair, VP CIO, Khan Bank

    Responsible AI: The Human-Machine Symbiosis

    Sal Cucchiara, CIO & Head Of Wealth Management Technology, Morgan Stanley

    Seamless Integration into Networking Industry

    Robert Lewis, CIO, Assurant

    Enhancing Customers' Experience through Technology

    Marc A. Hamer, VP & CIO, Babcock & Wilcox Enterprises, Inc.

    Digital Transformation in Fashion Retail - From Efficiency to Experience

    Le Van, CTO, YODY Fashion

    Making Sense of Artificial Intelligence

    Joe Zirilli, Vice President, Artificial Intelligence, Parsons

    Revolutionizing Architecture and Construction: The Synergy of Artificial Intelligence and the Internet of Things (AIoT) in Building Smart Structures

    Raymond Kent, ASTC, Assoc AIA, LEED AP BD+C, Senior Technology Design Leader, Principal, DLR Group

    A Record of RPA

    Osmond Li, Senior Manager, Head of Technology Innovation, Dah Chong Hong Holdings Limited

    right

    The 'Cognitive Enterprise' in a 4th Industrial Revolution World

    Rocky Scopelliti - Futurologist & Author

    Tweet
    content-image

    Rocky Scopelliti - Futurologist & Author

    We are living in the age of accelerated transformation. While transformation itself is not necessarily new to us, the frequency, pace and impact of transformation today is. There has never been a more important time to stop and consider the question of:

    How will we increase our capacity to adapt to a world of accelerated change?

    To answer this question, we need to explore the relationship between technological change in the context of the environment that we can anticipate it will be exposed to – the 4th Industrial Revolution.

    While the world’s cities cover just 2 per cent of the earth’s surface, today they account for 55 per cent of its population. Urbanisation of cities is predicted by the United Nations to be home to 86 per cent of global populations by 2050. We are indeed ‘homo urbanis’.

    These cities will become smarter as they, and our lives and businesses, become increasingly digitally connected. Many analysts predict that by 2020, some 200 billion objects will be connected – 26 smart objects for every living person. Just imagine what data will be produced and what new services and businesses these will give rise to by 2020?

    Data has become the 21st century’s energy, increasingly originating from urbanisation

    As Klaus Schwab, founder and executive chairman of the World Economic Forum describes “we are at the beginning of a revolution that is fundamentally changing the way we live, work and relate to one another”.

    This revolution is characterised by emerging technology breakthroughs with potentially highly disruptive effects in the areas of artificial intelligence, robotics, the internet of things (IoT), autonomous vehicles, 3D printing, biotechnology, nanotechnology, materials science, energy storage, blockchain and quantum computing.

    Schwab further proposes that “businesses, industries and corporations will face continuous Darwinian pressure and as such, the philosophy of “always in beta” always evolving will become more prevalent”. To survive and thrive, enterprises must become ‘juvenescent’- defined as the constant state of youthfulness. I propose that we apply the meaning of this word as a principle upon which we live our lives, and as a leadership principle for how to manage organisations which need to constantly adapt in a world of accelerated change.

    Intelligence is becoming predictive and artificially developed

    The efficiency and effectiveness of how organisations use data is now a major source of competitive advantage.
    Equally, our digital lives, real-time expectations and personalised experiences have been shaped on a well-orchestrated symphony of data.

    Data is the lifeblood source of our digital existence. But unlike natural resources, it seems we treat it like there is an infinite supply of this valuable unnatural resource and we can somehow afford inefficiency and ineffectiveness because of its abundance. In fact, it is this abundance that creates a fundamental problem: the ability to identify and exploit the data that matters in a seemingly inexhaustible flood. Data also has some fundamentally different properties – unlike physical assets – the value of data increases through sharing and reuse.

    While data is the competitive currency of organisations in this digital age, few treat it as such.

    Cognitive systems that change the landscape

    Artificial intelligence and machine learning are two of the hottest topics at the moment. These emerging technologies collectively referred to as cognitive systems, convert data analysis into intelligence.

    Cognitive automation replicates human actions and judgement at tremendous speed, scale, quality and lower cost. IDC predicts that by 2025, the amount of analysed data will grow by a factor of 50 to 5.2ZB and the amount of analysed data exposed to cognitive systems will grow by a factor of 100 to 1.4ZB (see Figure 1)

    The artificial intelligence race is on by nations and enterprises

    According to PWC , artificial intelligence could drive GDP gains of US$15.7 trillion with productivity and personalisation improvements. It claims global GDP could be 14 per cent higher in 2030 as a result of artificial intelligence of which productivity improvements could account for about half. PWC also reports that the greatest economic gains from artificial intelligence will be in China (26 per cent growth in GDP by 2030) and in North America (14.5 per cent growth) – the equivalent of US$10.7 trillion. It’s pretty obvious why these countries are in an artificial intelligence race.

    At an industry level, its analysis reveals those that stand to benefit most (score of 5) and the least (score of 1) (see Table 1).

    Table 1: Industry benefits from artificial intelligence

    The eruption of artificial intelligence means that within the next five years we are likely to see artificial intelligence cognitive competitors emerge across many sectors. To traditional organisations struggling to transform their data and analytics environments, cognitive competitors will be able to attack their business models in ways and at scales, that non-transformed traditional organisations will struggle to detect, and respond to. The giant leap is shifting our thinking away from this resource (data) and its abundance, to it becoming the organisational intelligence – ‘The Cognitive Enterprise’.

    Transforming to compete cognitively in the 4th Industrial Revolution requires a new leadership principle – one centred on constant adaption. Juvenescence, I propose will be the common characteristic found in successful next generation Cognitive Enterprises, and those that lead them.
    tag

    Quantum Computing

    IoT

    3D Printing

    Machine Learning

    Biotechnology

    Weekly Brief

    loading
    Top 5 Cognitive Solutions Companies in Hong Kong - 2023
    ON THE DECK

    I agree We use cookies on this website to enhance your user experience. By clicking any link on this page you are giving your consent for us to set cookies. More info

    Copyright © 2025 APAC CIOOutlook. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Use and Privacy and Anti Spam Policy 

    Home |  CXO Insights |   Whitepapers |   Subscribe |   Conferences |   Sitemaps |   About us |   Advertise with us |   Editorial Policy |   Feedback Policy |  

    follow on linkedinfollow on twitter follow on rss
    This content is copyright protected

    However, if you would like to share the information in this article, you may use the link below:

    https://cognitive.apacciooutlook.com/cxoinsights/the-cognitive-enterprise-in-a-4th-industrial-revolution-world-nwid-6364.html?utm_source=google&utm_campaign=apacciooutlook_topslider