Organizational Strategy in the era of IIOT

Every industrial revolution has brought with it a transformational change in the entire operation of many organizations. The first industrial revolution mechanized the workforce, reducing labor requirements in many industries and increasing the need for skilled workers that could attend to these new productive contraptions. The second industrial revolution brought electricity and the internal combustion engine (the latter of which led to the automobile and the airplane), and long-distance communications such as the telegram and telegraph which combined to allow more companies to span and coordinate their operations. The third industrial revolution saw the rise of microprocessors, heralding the beginning of automation and allowing for the development of lean manufacturing. So, how will the fourth industrial revolution change the way that organizations operate?