Australian business leaders unprepared for the Fourth Industrial Revolution: KPMG

Australian business leaders unprepared for the Fourth Industrial Revolution: KPMG

There is a concerning lack of readiness for technological change among Australian organisations, with most business leaders unprepared for the Fourth Industrial Revolution (4IR), the convergence of the physical, digital and biological worlds, according to a new report by KPMG Digital Delta.

The 4th Industrial Revolution Benchmark Report, produced in collaboration with global analytics platform Faethm, surveyed 198 Australian business leaders, gauging their organisations’ uptake and understanding of technologies such as artificial intelligence (AI), robotic process automation (RPA) and the Internet of Things (IoT).

It found that most Australian business leaders lack a deep understanding or experience with the technologies, with […]

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