Dhaka: In order to meet the challenges of the fourth industrial revolution, SME entrepreneurs have been advised to build knowledge-based manpower.
Md. Masudur Rahman, Chairperson of SME Foundation the thinks that the use of information and communication technology (ICT) should be increased in small and medium industries.
He was speaking at a webinar titled ‘Prospects and Challenges of the 4th Industrial Revolution: SME Perspectives’ organized by the SME Foundation on Thursday.
Dr. Rahman said there is no alternative to using ICT to take advantage of the Fourth Industrial Revolution. So the SME Foundation has organized this webinar to make SME entrepreneurs aware of this.
According to the webinar, as the Fourth Industrial Revolution was intellectual, business opportunities would not be confined to a specific geographical location.
Rather it will spread all over the world. Increasing productivity by making the best use of raw materials, human resources, time, etc., using tools for the production of goods and services, ensuring the quality of life for all, including environmental protection, will create business opportunities.
Employment opportunities will increase for backward, marginalized, especially able and skilled women in various technologies including the internet.
Dr. Md. Mofizur Rahman said that with the discovery of technology as a result of the Fourth Industrial Revolution, the cost of production and distribution of goods and services would be reduced at an unimaginable rate because machines would help people.
Therefore, in order to take advantage of the opportunities of the Fourth Industrial Revolution, our main goal must be to create skilled human resources suitable for the 4th Industrial Revolution. Therefore, creating awareness, technology assimilation, and skill development among MSME entrepreneurs are essential.
SME Foundation Managing Director Md. Mozizur Rahman presided over the function and Farzana Khan, General Manager of the Foundation gave a welcome address. Engineer Tanvir Faisal, Deputy Managing Director of the Foundation, presented the keynote address at the webinar.
Habibur Rahman of ATUI was the panel speaker, Dr. Chairman of the Department of Robotics and Mechatronics Engineering, University of Dhaka, Shamim Ahmed Dewan, and Professor of Mechanical Engineering at Chittagong University of Engineering and Technology, Sajal Chandra Banik.