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The technologies defining the ‘Fourth Industrial Revolution’, more commonly referred to as Industry 4.0, are being powered by cloud infrastructures. The Oracle Cloud: Opening up the Road to Industry 4.0 report has found that from robotics to artificial intelligence, businesses view the cloud as a blank canvas upon which to build their innovation strategies.

 

The research investigated how companies in EMEA are managing the transition to Industry 4.0 and sheds light on which technologies they are investing in to continue succeeding in the data-driven age.

 

The majority of businesses are currently implementing, or plan to implement, new innovation strategies:

 

  • 62% have or plan to implement robotics technology
  • 60% have or plan to work with Artificial Intelligence

 

Most companies also recognize a cloud infrastructure is required to bring these technologies to life – 60% believe an enterprise cloud platform provides the opportunity for organizations to capitalise on innovation such as robotics and artificial intelligence.

 

Encouragingly, a large majority of businesses are on course with their plans to establish a single integrated cloud model across their organization.

 

While only 8% currently have an integrated cloud model in place that works for legacy applications and new platforms, 36% say they are implementing one this year and another 40% expect to do so in 2017. Only 5% have no plans in place to make this transition.

 

Pascal Giraud, Senior Director IaaS Foundation & Cloud Platform Oracle EMEA, said: “Despite an uncertain economic climate, businesses understand that at the speed of today’s market a first-mover advantage has never been more valuable. Some of the world’s most successful companies, including Uber and Airbnb, were founded at the peak of the financial crisis. This just goes to show that opportunity never sleeps.

 

The dawn of Industry 4.0 is seeing companies fall into either an innovation fast lane or slow lane, and the rise of integrated cloud infrastructures has made it cheaper and easier for businesses to outpace thecompetition.”
Tim Jennings, Chief Research Officer at Ovum, said: “As businesses continue the process of digitization, they require a flexible and scalable digital infrastructure to underpin this change. An integrated cloud platform that delivers both infrastructure services and platform services enables enterprises to quickly develop new business solutions, taking advantage of new digital technologies such as artificial intelligence, big data and the Internet of Things.”

 

 

Kenneth Omeruo
Omeruo Ndukaku Kenneth is an Innovation Management expert,the CEO of Emerging Media,a new media company.He is a member of ISPIM - International Society for Professional Innovation Management and the US-Africa chamber of Commerce.He is the Founder of TechTrends Nigeria Blog,Nigeria Innovation Summit and the African Innovation Academy.Kenneth is a highly sought-after Internet Marketing Consultant who has through his seminars, articles, training and consulting, helped many organizations, Individuals, Businesses maximize the Internet for business purposes.Kenneth has also being featured as a guest on the TV show TODAY ON STV Nigeria and on Bloomberg Africa TV.He is the author of the best –selling Internet Book: How To Create Unlimited Internet Wealth. He is a syndicated columnist with the following Newspapers in Nigeria: Daily Independent, Financial Standard, PUNCH, BusinessDay, and Sun.Kenneth organises the EduNet Conference for Universities in Nigeria. Kenneth is a member of Institute of Software Practitioners of Nigeria( ISPON ) Roundtable For Capacity Development in Nigeria,member pre-selection committee for Nigeria at the UN World Summit Awards,a Panelist for Youth Enterprise With Innovation in Nigeria(YouWIN)-a Federal government initiative created by the ministry of finance,supported by ministries of Communications Technology,Youth Development,Worldbank and DFID. A 2013 Judge at the Google Cloud Developers Challenge for Sub Saharan Africa.He has been a contributing editor of Nigeria Communications Week,Africa Telecom and IT Business Magazine,ICT Today magazine,M2 magazine.Kenneth has been invited to the Commonwealth Telecommunications Organisation Forum, Oracle Open World Conference USA, Oracle Cloud World Dubai, and GITEX Dubai. He now lives in New York with his family and presently working on an Open Innovation project for Nigeria. You can contact Kenneth through email: (kenneth (at)techtrendsng.com) Facebook:www.facebook.com/Kenneth.omeruo On Twitter:www.twitter.com/kennethomeruo Skpe:Kenneth.Omeruo

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