{"id":16278,"date":"2019-11-04T09:15:44","date_gmt":"2019-11-04T14:15:44","guid":{"rendered":"https:\/\/www.intelitek.com\/?p=16278"},"modified":"2024-04-08T16:38:48","modified_gmt":"2024-04-08T21:38:48","slug":"industry-4-0-the-skills-currency-micro-credentials-and-jobs-in-industry","status":"publish","type":"post","link":"https:\/\/intelitek.com\/2019\/11\/04\/industry-4-0-the-skills-currency-micro-credentials-and-jobs-in-industry\/","title":{"rendered":"Industry 4.0, The Skills Currency, Micro-Credentials and Jobs in Industry"},"content":{"rendered":"
Many have written about the threat of robots and automation to jobs in industry. \u00a0The truth is quite the opposite. Automation and Industry 4.0 present an opportunity that is giving rise to what is referred to as the \u2018skills currency\u2019.<\/p>\n
As technology is transforming industry, firms are changing the way in which they are hiring talent. Technological skills and employability skills (sometimes referred to as soft skills) are becoming the professional currency with which applicants are being evaluated.<\/p>\n
When evaluating the needs of businesses adopting Industry 4.0 \u2013 this new hiring paradigm becomes very clear and logical.<\/p>\n
The shift from \u2018Industry 3.0\u2019 to Industry 4.0 involves the connectivity of the machines, sensors, motors and PLCs over a network. Industry 4.0 continues with collection of data which is critical to improving the efficiency of the operation, as well as actions that need to be taken because of the data analysis (e.g. preventative maintenance and optimization).<\/p>\n