4.0 describes the fourth digital revolution, triggered by the digitalization. In many areas, which equally affect people’s everyday working lives as well as their private lives, digitalisation has created a new phase in our society, which is evolving in stages. Digitalization is associated above all with new technical possibilities, through which processes, working and behavioral patterns as well as structures are broken up and fundamentally restructured. Digitization is integrated differently in each sector, so that revolutionary changes are triggered in each sector or sometimes even in different sectors and one often speaks of the dawn of a new era in the respective sector or sector.
In this context, the word ending *4.0 is often used or the word “Smart” is integrated into the term, suggesting this new and revolutionary phase. The versioning here is based on the versioning in software development.

Why this is interesting for a Chief Digital Officer (CDO)?
The basis of a Chief Digital Officer (CDO) is to develop new business areas and business models. This is summarized under the 4.0 term world or Smart Everything.

See also (glossary 4.0):

Jan

My name is Jan Puder (LinkedIn profile Jan Puder). I am the founder & CEO of the BusinessTech-Company. Me and the BusinessTech-Company want to push the digital frontier. This is the reason, why I started this website. I want to provide information about digital businesses, especially for Chief Digital Officers.

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