Fourth Industrial Revolution set to overturn Australian business

There is a concerning lack of readiness for technological change amongst 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. Large organisations predict a “very high impact” due to new technologies.

Less than half of business leaders feel their organisation is strongly prepared for change.

Two-thirds of those surveyed aren’t confident their staff have the necessary skills. The Fourth Industrial Revolution Benchmark Report, produced in collaboration with global analytics platform Faethm, surveyed 198 Australian business leaders, gauging […]

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