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AIN3701 Assessment 7.1 (Assessment 6) Solution 95-100% (UNISA)
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AIN3701 Assessment 7.1 (Assessment 6) solution for UNISA. Obtain 95-100%. Very detailed solution.
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Ikhishi Likagogo 4IR Technology Implementation ReportTo: Mrs. Duma, CEO, Ikhishi Likagogo
From: Your Name….. Surname………Student No.:…………..
Date: 06 October 2023
Re: 4IR Technologies and Their Implementation at Ikhishi Likagogo
Introduction:
The Fourth Industrial Revolution (4IR) is characterized by the fusion of various technologies,
blurring the lines between the physical, digital, and biological worlds. This report provides an
in-depth exploration into the potential of 4IR technologies for Ikhishi Likagogo, offering
solutions to current challenges and elucidating the potential risks associated. By
understanding and adeptly navigating these technologies, Ikhishi Likagogo can position itself
as a vanguard in the industry, ensuring continued success and growth.
1. 4IR Technologies:
a. Artificial Intelligence (AI):
• Explanation: AI is a machine's capability to mimic human intelligence processes,
such as learning, reasoning, and self-correction.
• Implementation: For example, AI can be used to predict demand for specific
products based on historical sales and market trends.
• Benefits:
i. Improved decision-making. ii. Increased operational efficiency. iii. Personalized
customer experiences.
• Risks:
i. Privacy concerns. ii. Job losses due to automation. iii. Dependence on machines.
b. Augmented Reality (AR):
• Explanation: AR overlays digital information on the real-world environment.
• Implementation: Training maintenance engineers using AR glasses can guide them
in servicing ovens, providing real-time instructions.
, • Benefits:
i. Enhanced training experiences. ii. Real-time information delivery. iii. Improved
customer engagement.
• Risks:
i. High implementation costs. ii. Distractions leading to accidents. iii. Over-reliance on
technology.
c. Internet of Things (IoT):
• Explanation: IoT is a network of interconnected devices that collect and exchange
data.
• Implementation: Telematic devices on trucks can provide real-time updates on road
conditions, and smart ovens can notify when maintenance is due.
• Benefits:
i. Real-time data access. ii. Predictive maintenance. iii. Enhanced supply chain
efficiency.
• Risks:
i. Data security threats. ii. Overload of information. iii. Technical complexities.
d. Blockchain:
• Explanation: Blockchain is a decentralized digital ledger where transactions are
recorded chronologically and publicly.
• Implementation: Implementing blockchain for the SHH deal ensures transparent,
secure, and tamper-proof transactions.
• Benefits:
i. Enhanced security. ii. Improved transparency. iii. Reduced fraud potential.
• Risks:
i. Limited regulatory framework. ii. Misunderstanding of technology. iii. Initial setup
costs.
e. Data Analytics:
• Explanation: Data analytics involves analyzing raw data to make informed
decisions.
• Implementation: Analyzing customer and sales data since 1998 to understand
market trends and customer preferences.
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