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Skills Demand in the Fourth Industrial Revolution: Overview and Solutions

Explore the skills needed for Industry 4.0 at the EURAXIND and TOP3 Employer Workshop in The Hague on 25.01.2018. Learn from leading countries like Finland, Switzerland, and more about economic impacts from ICT investments. Discover the rise of dominant companies in the global economy and the impact of cyber-physical systems. Address the gap between education and job market skills, and the challenge of academia-industry partnerships for future talent production.

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Skills Demand in the Fourth Industrial Revolution: Overview and Solutions

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  1. EURAXIND and TOP3 Employer Workshop Skills Demand in the Era of the Fourth Industrial Revolution Industry 4.0 The Hague – 25.01.2018

  2. The Forth Industrial Revolution Overview and Skills

  3. We are in a good company Finland, Switzerland, Sweden, Israel, The Netherlands, Singapore, and the United States are leading the world when it comes to generating economic impact from investments in ICT The world economic forum’s global information technology report, 6.7.2016

  4. SPECIAL REPORTThe rise of the superstars A small group of giant companies—some old, some new—are once again dominating the global economy, says Adrian Wooldridge. Is that a good or a bad thing?

  5. The Fourth Industrial Revolution

  6. The Fourth Industrial Revolution What we are talking about?

  7. The fourth industrial revolution- World Economic Forum

  8. FourIndustrialRevolutionsHaveTransformed theGlobalProductionSystem Source:Accenture 3

  9. Cyberphysicalsystems combinecommunications,IT, dataandphysical and biological elements integrating anumberofcore technologies: • Sensornetworks(receptors) • Intelligent real-time processingandevent management (CPUs) • Embedded Softwareforlogic • Deep learning • BigDataandData Provisioning • Advanced Robotics • 3D/4DPrinting

  10. How will jobs be effected?

  11. 9

  12. Change of the skills Source:FutureofJobs,WorldEconomicForum

  13. Who is going to produce those talents that the changing labor market needs them? • Can we train talents for not yet exist competencies?

  14. Universities

  15. The gap between higher education and labor markets. Currenteducation systems are disconnectedfrom the skills needed to function in today’s labor markets • Forcing narrow career (1500 – 150000 PhDs) • Expertise decisions in early youth • Syllabus not suited to current and future labor markets Increasing the gap between higher education and labor markets.

  16. The Global Human Capital Report 2017 The divide between formal education and the labor market, needs to be overcome,  regardless of the job level or industry. World Economic Forum- The Global Human Capital Report 2017

  17. The challenge Academia – Industry IntersecorialPartnership

  18. While cooperation between Academia and Industry is flourishing The interaction between the systems lame

  19. The Threat

  20. The Human Factor Privet sectors might replace the Academia as education and knowledge providers Public sectors’ mission is, increasing wellness of society. However, private sectors’ mission is, increasing value

  21. The Human Factor The Big Question How the world’s human capital is invested for social well-being and economic prosperity for all ? Critical thinking is needed - by whom? The question should be properly addressed to the decision makers

  22. Critical thinking is needed But by whom? Please advise

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