KPMG Fourth Industrial Revolution Benchmark
The KPMG Fourth Industrial Revolution Benchmark is an annual study that seeks to shine a spotlight on corporate Australia’s levels of adoption of advanced and emerging Fourth Industrial Revolution technologies such as Artificial Intelligence (AI), the Internet of Things (IoT), Blockchain, robotics, quantum computing, 3D printing, nanotechnology, augmented reality, virtual reality, autonomous vehicles, digital twins, cloud computing and 5G. In collaboration with Faethm, the research also explores the effects of these technologies on Australian industries and workforces.
The Fourth Industrial Revolution (4IR) represents the convergence of the physical, digital and biological worlds enabled by advanced and disruptive technologies. It represents a new epoch in human development that will bring immense opportunities and serious threats. Nations, organisations and policy makers face a tipping point as the speed and depth of the 4IR redefines our understanding of how to create value for economies and people.
Understanding the rate of adoption of advanced technologies from the 4IR is a challenge for many business leaders. The 2021 KPMG Fourth Industrial Revolution Benchmark seeks to identify moves in adoption and the outlook of emerging and advanced technologies over time, to enable Australian business leaders to understand how they compare to peers, and whether they are lagging or leading.
The aim of the 2021 Fourth Industrial Revolution Benchmark is to help Australian leaders understand the state of adoption of 4IR technologies, and the ways they are transforming businesses, investments and our people into the future.
KPMG stands ready to assist our clients navigate the Fourth Industrial Revolution.