Here is my look at Industry 4.0

1. WHAT IS NEXT FOR
INDUSTRY 4.0
Paul Young CPA CGA
March 4, 2022

2. PAUL YOUNG - BIO
• CPA, CGA (1996)
• Academia (PF1, FA4, FN2, MU1. and MS2)
• SME – Customer Success Management
• SME – Risk Management
• SME – Close, Consolidate and Reporting
• SME – Public Policy
• SME – Emerging Technology
• SME – Business Process Change
• SME – Financial Solutions
• SME – Macro/Micro Indicators
• SME – Supply Chain Management
• SME – Data, AI, Security, and Platform
• SME – Internal Controls and Auditing
Contact information email: Paul_Young_CGA@hotmail.com
LinkedIn: https://www.linkedin.com/in/paul-young-055632b/
SlideShare - https://www.slideshare.net/paulyoungcga
Twitter: https://twitter.com/paulyoungcpa
YouTube - https://www.youtube.com/user/youngercga1968/videos

3. AGENDA
• What is Industry 4.0?
• Market potential
• Adoption of Industry 4.0
• Broadband speed
• What is next?
• Industry 4.0 solutions
• Working with Data and AI

4. WHAT IS INDUSTRY 4.0
Source - https://www.epicor.com/en-ca/blog/learn/what-is-industry-4-0/

5. MARKET OUTLOOK
Source - https://www.prnewswire.com/news-releases/global-industry-4-0-
market-to-reach-219-8-billion-by-2026--301493565.html

6. TOP COUNTRIES
Source - https://www.superadrianme.com/business/5-east-asian-
countries-that-will-pave-the-way-for-advanced-manufacturing/

7. MANUFACTURING COUNTRIES
Source - https://trans.info/en/ranking-of-the-best-manufacturing-
locations-in-the-world-guess-which-european-countries-are-in-the-top-
10-169767

8. BROADBAND SPEED
Source - https://hypebeast.com/2022/3/fastest-internet-speeds-worldwide-report-
rankings

9. WHAT IS NEXT?
Source - https://www.automation.com/en-us/articles/march-2022/what-
coming-industry-4-
• Hyperautomation
• Eliminating code confusion
• Accessibility through APIs

10. INDUSTRY SOLUTIONS

11. DATA AND AI
Blog - Accounting embracing Data, AI, Security, and Platform as part of the Digital Adoption of the
Accounting Profession
“It's very important that our profession evolve. We can choose not to embrace technological changes and
service expectation changes, or we can choose to rethink and to be the actual profession that constantly
reinvents itself,” he told attendees at CPA.com’s annual Digital CPA conference, being held this week in
Nashville, Tennessee. “Now I know that there are people that you probably go to cocktail parties with who
might say the stereotypical typical CPA is not innovative and they're risk-averse and they’re even really old
— you know, the symbolism of the green eyeshade — but each and every one of you actually defeat those
stereotypes.”
https://www.accountingtoday.com/list/the-aicpas-melancon-the-profession-that-constantly-reinvents-
itself?position=editorial_1&campaignname=V2_ACT_Daily_20210503-
12072021&utm_source=newsletter&utm_medium=email&utm_campaign=V2_ACT_Daily_20210503%2B%2
7-
%27%2B12072021&bt_ee=4mE14jULXe8En0JpHH4uAyeiX7kboysO%2FoA8cexV9XtDIzJ8YW5zhcILkEkUUiFD
&bt_ts=1638875020009

12. SUMMARY
• Both the private and public sectors continue to invest in their digital footprint
• Both the private and public sectors continue to look at how best to leverage 5G networks as part of
Industry 4.0
• ESG will continue to drive decisions by both the private and public sectors
• Automation will continue grow in importance with both the private and public sectors as part of
decision optimization
Blog – Industry 4.0 – What is next
Global Industry 4.0
Market to Reach $219.8 Billion by 2026.pdf
What’s Coming to
Industry 4.0 .pdf
Global Industry 4.0
Market to Reach $219.8 Billion by 2026.pdf
5 East Asian
Countries That Will Pave the Way for Advanced Manufacturing – SUPERADRIANME.com.pdf
Mapped EV Battery
Manufacturing Capacity, by Region.pdf
Ranking of the best
manufacturing locations in the world. Guess which European countries are in the top 10. trans.info.pdf
What’s Coming to
Industry 4.0 .pdf
The Most In-Demand
Jobs Right Now_Careers.pdf
Digital Workers Are
Toiling Away At A Bank Near You.pdf
Industrial robot
orders had a record year in 2021 A3 Supply Chain Dive.pdf
Summary:
Businesses around the world continue to look at how best to optimize their business operations
including advance manufacturing.
ESG is pushing both the private and public sectors to revisit their environmental, social, and
governance policies and procedures. https://www.pwc.com/ca/en/media/release/pwc-canada-
study-shows-esg-reporting-falls-short-across-canadas-top-150-public-companies.html or My box
folders - https://ibm.box.com/s/vmyitcackqevvm1hcxv7wke6gudrpnce or Accelerator -
https://community.ibm.com/accelerators/catalog/content/R6-Sustainability or My video -
https://www.youtube.com/watch?v=M-IEsfJWxXo&t=40s
1. Digital adoption – https://etradeforall.org/news/wef-which-countries-are-making-the-most-
progress-in-digital-competitiveness/
2. What is next for manufacturing - https://www.sme.org/technologies/articles/2022/march/is-
manufacturing-ready-for-xr-technologies/
3. Supply chain - https://www.sdcexec.com/warehousing/article/22093435/top-trends-in-supply-
chain-management-2022
4. 3D printing - https://www.retaildive.com/news/3d-printing-expands-manufacturing-
customization/619618/
5. Commodities - https://www.reuters.com/business/energy/commodities-aluminium-hits-record-
top-oil-wheat-multi-year-highs-supply-woes-2022-03-03/
6. Robotics - https://www.bcs.org/articles-opinion-and-research/the-future-of-warehousing-
automation-robotics-and-energy-efficiency/
7. Robotics - https://www.supplychaindive.com/news/robot-orders-2021-automotive-industrial-
growth-automation/619520/
8. Careers - https://www.linkedin.com/business/talent/blog/talent-strategy/most-in-demand-jobs
9. RPA - https://www.forbes.com/sites/tomdavenport/2022/03/01/digital-workers-are-toiling-
away-at-a-bank-near-you/?sh=42cb145f3663
10. China is still world leader in manufacturing - http://www.ecns.cn/news/2022-02-28/detail-
ihawawkt8343946.shtml