The Fourth Industrial Revolution, 4IR, or Industry 4.0, conceptualizes rapid change to technology, industries, and societal patterns and processes in the 21st century due to increasing interconnectivity and smart automation. Here is a presentation on the "Fourth Industrial Revolution." This presentation is created by Shadnan Mahmud as a part of the course work on Bangladesh Tax Academy (BTA).

1. Fourth
Industrial
Revolution
Industry 4.0

2. The Fourth Industrial Revolution is
still in its nascent state. But with
the swift pace of change and
disruption to business and society,
the time to join in is now.
Gary Coleman, Global
Industry Leader
2 FIR IFC 7 SHADNAN

3. Industrial
Revolution
 The invention of machines to do the work of
hand tools.
 The use of steam and later of other kinds of
power.
 The adoption of the factory system.
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4. Features of
Industrial Revolution
1 2 3 4 5
Usage of Iron &
Steel
Inventing New
Energy
Sources
Invention of
New Machines
Division of
Labour
Increasing
Application of
Science
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5. 5 FIR IFC 7 SHADNAN

7. Features of
4th Industrial
Revolution
Advance Usage of Artificial Intelligence
Robotics
Internet of Things
Genetic Engineering
Virtual Reality

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9. Driving Forces of 4IR
Data
Data is information that
has been translated
into a form that is
efficient for movement
or processing.
Knowledge
Facts & skills acquired
through experience, the
theoretical or practical
understanding of a
subject.
Artificial
Intelligence
AI is intelligence
perceiving & inferring
information,
demonstrated by
machines.
Information
Information is stimuli
that have meaning in
some context for its
receiver.
Intelligence
The ability to acquire
and apply knowledge
and skills.

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Artificial
Intelligence
Maps &
Navigation
E-
payment
Social
Media
Smart
Cars

11. Blockchain
 Blockchain is a shared, immutable
ledger that facilitates the process of
recording transactions and tracking
assets in a business network.
 Asset can be tangible (a house, car,
cash, land) or intangible (intellectual
property, patents, copyrights,
branding).
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12. Cryptocurrency
 Cryptocurrency is a digital currency,
which is an alternative form of
payment created using encryption
algorithms.
 The use of encryption technologies
means that cryptocurrencies function
both as a currency and as a virtual
accounting system.
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13. Internet of Things
 Internet of Things, refers to the
collective network of connected
devices and the technology that
facilitates communication between
devices and the cloud.
 Internet of things (IoT) describes
physical objects with sensors,
processing ability, software and other
technologies that connect and
exchange data.
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14. Virtual Reality (VR)
 Virtual Reality (VR) is a simulated
experience that employs pose tracking
and 3D near-eye displays to give the
user an immersive feel of a virtual
world.
 Creates a simulated environment that
can be explored in 360 degrees.
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15. Robotics
 Robot is a type of automated machine
that can execute specific tasks with
little or no human intervention and with
speed and precision.
 Robotics involves the design,
construction, operation, and use of
robots.
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16. Impacts of 4IR
Individual Business Social
National Economy

17. Individual Impacts
 Changes in Life-Style and
Behavior
 Privacy
 Ownership
 Consumptions
 Time for Leisure
 Time for Works
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18. National Impacts
 Good Governance
 Accountability
 Transparency
 Quality Services for Citizens
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19. Impact on Business
 Customer expectations
 Data-enabled products
 New operating models
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20. Impact on Economy
 Improved technology and innovations will
boost productivity.
 Shift in the employment nature.
 Sets of new skills coupled with advanced
technological knowledge required to
sustain in the job market.
 New technologies will dramatically change
the nature of work across all industries.
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21. Bangladesh & 4th IR
38 High Tech Parks Software Technology
Park
Sheikh Hasina Software
Park
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22. Investment in ICT Sector
0 2 4 6 8 10 12
1017-18
2016-17
2015-16
2014-15
Figure in Thousand Crore
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23. Challenges
Economic
• Investment opportunity
• Inequality
• Competition
Social
• Data Security
• Loss of Employment
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24. Challenges
Environmental
• The challenge in handling Industrial & Technological Waste
management
• Uncertainty use of energy sources
Political
• Government policies
• Government’s intervention
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25. Prospects &
Opportunities
of 4th Industrial
Revolution
Improve Efficiency and Productivity
Knowledge Sharing and Collaboration
Sustainability
Innovation Opportunity
Outsourcing

26. Thank You!
Created & Presented by
SHADNAN MAHMUD (IFC 7)