It explained about the job opportunities created due to Industry 4.0 Revolution

1. Future Workplace, Job Roles and Skills for
Commerce graduates due to Emerging disruptive Technologies
of
Industry 4.0 and COVID Pandemic
Dr. Minisha Gupta
Researcher
Quality Cognition Private Limited

3. Industry 4.0 is:
• A commonplace term in the manufacturing
industry
• The integration of machinery, human operation
and information technology to create a fully-
efficient and connected manufacturing network.
• Fourth Industrial Revolution.

4. What does Industry 4.0 facilitates?
• Improvises production (IoT and Cloud
Computing)
• Developments prototypes easily and quickly
(3D printing using CAD)
• Quick decision making (Big Data)

5. Countries Initiated and Adopted Industry 4.0
• Initiated by US as “Reindustrialization” and
“Industrial internet”
• Accepted and promoted by China in the form of
national strategy as “Made in China 2025”
• In Germany as “Industrie 4.0” as their national
strategy.
• Accepted and promoted by both developed (US,
UK, Japan, and Germany) and developing (China
and India) economies (Almada-Lobo, 2015)

6. • Manufacturing (Smart Factory)
• Banking and Financial Services
• Health Care Management
• Hospitality and Tourism
• Agriculture and Food Industry
• Logistics and Operations Industry
• Public Administrative Services
• Retail and Sales Industry
• Construction and Real Estate
• Education Industry
Economic Sectors adopting Industry 4.0

7. Futuristic job roles
• Business Analyst
• Financial Planner
• HR Recruiter
• Talent Manager
• Operations Manager
• Marketing Analyst
• Business Strategist
• Emotionally intelligent leader

8. Are Indian Employees Skilled?
• As per, Udemy’s Global Skills Gap Report:
– 92% of Indian employees agree that there is huge
skill gap.
– 76% Indian employees are affected by this skill gap.
– After Brazil, Indian workforce reported highest skill
gap.
– 82% Indian respondents agreed that college education
is not equipped with current job market’s
requirement.
– 84% agreed that their skills become obsolete with the
updated technological changes.

9. Why you need to be skilled?
Because new technologies of Fourth Industrial Revolution i.e.
automation, big data analytics, cyber security, block chain
technology, and artificial intelligence, are eating away current jobs.

10. Skills expected by upcoming workforce:
• Mental Health and wellness
• Time management
• Communication and
Collaboration
• Decision making

11. How Colleges and universities help
students in bridging this skill gap?
• Update syllabus as per upcoming Industry
requirements.
• Project training in companies.
• Skills training and development.
• Soft skills training.
• Coaching and mentoring students on regular
intervals.

12. As a prospective job seeker what you
can do?

13. • Do your SWOT Analysis.
• Find out in which field you are interested or
which field can offer you a sustainable job?
• Do the job analysis for it that is what is job
description and specification?
• Start with internships even if they are unpaid.