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Industry 4.0: What is it and How is it Different? 1 Credit

Industry 4.0: What is it and How is it Different? 1 Credit

  • Raymond Sheen

    PMP®, LSS BB
  • Rating

    4.5
  • Published on

    September, 2024
  • Subject Area

    Information Technology

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  • Access the course at your convenience
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Dec 04, 09:30 AM ET

Learning Objective

  • Discuss the foundational principles of Industry 4.0 and its impact on modern business operations. 
  • Explore the integration of digital technologies and data-driven strategies within organizational frameworks. 
  • Identify opportunities and challenges of Industry 4.0. 
  • Discuss strategies for adapting organizational structures and workforce skills to thrive in the era of Industry 4.0.

Course Overview

In today’s digital age, Industry 4.0 represents a seismic shift where companies embrace digital transformation to survive and thrive. It’s a term used to describe the profound evolution of businesses into digitally integrated entities. Data isn’t just valuable—it’s the new currency driving organizational strategies and decision-making. This transformation isn’t merely external; it reshapes internal operations fundamentally. Customer relationships are now a blend of traditional rapport and digital finesse, while automated processes streamline core operations. As a result, virtually every role within the organization undergoes a metamorphosis, adapting to this dynamic and interconnected environment.

Major Topics Covered:

  • The industry is changing again to Industry 4.0
  • The Industrial Eras
  • Technology Transformation
  • Technology Adoption Rate
  • Data and the Digital Thread

Our upcoming webinar by Raymond Sheen explores these pivotal changes in depth. We delve into the nature of this digital revolution, dissecting its impact on large and small businesses. From enhanced operational efficiencies to new revenue streams, Industry 4.0 presents a spectrum of opportunities. Whether you’re a seasoned executive or an aspiring entrepreneur, understanding these shifts is essential for staying competitive in today’s fast-paced digital economy.

Dive into the world of CPA CPE Courses with MY-CPE. Our online courses are here to help you complete your CPA CPE credits seamlessly. We cover a wide range of topics delivered by professional subject matter experts. Forget the traditional way of learning with flexible scheduling and learn at your own pace. Join us and start your journey toward professional growth today!

  • 1 CPE Credit of Information Technology for Certified Public Accountants (CPA-US)
  • 1 General Credit of Information Technology for Accountant/Bookkeeper/Tax Professionals
  • 1 CPD Credit of Information Technology for CPA in Canada
  • 1 CPE Credit of Information Technology for Certified Internal Auditors (CIA)
  • 1 CPE Credit of Information Technology for Certified Fraud Examiner (CFE)
  • 1 PDC Credit of Business Acumen for SHRM Professionals (Approval No. 24-C4T4C)

    Valid upto : Dec 31, 2024

  • 1 CPE Credit of Information Technology for Certified Management Accountants (CMA)
  • 1 RCH Credit of Global for Human Resource Certification Institute (HRCI) (Approval No. 680457)

    Valid upto : Nov 30, 2024

  • 1 CPE Credit of Information Technology for Certified Government Financial Manager (CGFM)
  • 1 CPD Credit of Information Technology for Certified Information Technology Professionals (CITP)
  • 1 CPE Credit of Information Technology and Security for Certified in Risk and Information System Control (CRISC)
  • 1 CPD Credit for Association of Chartered Certified Accountants (ACCA)
  • 1 CPD Credit for Chartered Accountant - ICAEW
  • 1 CE Credit of Information Technology (inc. Excel) for Certified FP&A Professional (FP&A)
  • 1 CPE Credit of Information Technology for Iowa Licensed Public Accountant (IA-LPA)
  • 1 CPE Credit of Information Technology for Delaware Licensed Public Accountant (DE-LPA)
  • 1 CPE Credit of Information Technology for Maine Licensed Public Accountant (ME-LPA)
  • 1 CPD Credit for CPA - Ireland
  • 1 CPD Credit for Chartered Accountants - Scotland
  • 1 CPD Credit for Chartered Accountants - Ireland (CAI)

  • 1 CPE Credit of Information Technology for Certified Public Accountants (CPA-US)
  • 1 General Credit of Information Technology for Accountant/Bookkeeper/Tax Professionals
  • 1 CPD Credit of Information Technology for CPA in Canada
  • 1 CPE Credit of Information Technology for Certified Internal Auditors (CIA)
  • 1 CPE Credit of Information Technology for Certified Fraud Examiner (CFE)
  • 1 PDC Credit of Business Acumen for SHRM Professionals (Approval No. 24-C4T4C)

    Valid upto : Dec 31, 2024

  • 1 CPE Credit of Information Technology for Certified Management Accountants (CMA)
  • 1 RCH Credit of Global for Human Resource Certification Institute (HRCI) (Approval No. 680457)

    Valid upto : Nov 30, 2024

  • 1 CPE Credit of Information Technology for Certified Government Financial Manager (CGFM)
  • 1 CPD Credit of Information Technology for Certified Information Technology Professionals (CITP)
  • 1 CPE Credit of Information Technology and Security for Certified in Risk and Information System Control (CRISC)
  • 1 CPD Credit for Association of Chartered Certified Accountants (ACCA)
  • 1 CPD Credit for Chartered Accountant - ICAEW
  • 1 CE Credit of Information Technology (inc. Excel) for Certified FP&A Professional (FP&A)
  • 1 CPE Credit of Information Technology for Iowa Licensed Public Accountant (IA-LPA)
  • 1 CPE Credit of Information Technology for Maine Licensed Public Accountant (ME-LPA)
  • 1 CPE Credit of Information Technology for Delaware Licensed Public Accountant (DE-LPA)
  • 1 CPD Credit for Chartered Accountants - Ireland (CAI)
  • 1 CPD Credit for Chartered Accountants - Scotland
  • 1 CPD Credit for CPA - Ireland

Additional Information

Credits

1

Course Level

Basic

Instructional Method

QAS Self Study
Group Internet Based

Pre-requisites

None

Advance Preparation

None

NASBA APPROVED

MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478

MY-CPE LLC (Sponsor Id#: 143597) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors.

About Instructor

Raymond Sheen
Raymond Sheen , PMP®, LSS BB

President, Product and Process Innovation, Inc.

  • 4.6
  • rating
  • rating
  • rating
  • rating
  • rating

Raymond Sheen, PMP® LSS BB, is president and founder of Product & Process Innovation, Inc. He is a veteran business leader with over 35 years of executive, functional, and project management experience working in GE, the US Air Force and as an independent consultant.  Ray is author of the book, Guide to Building Your Business Case, published by Harvard Business Review Press and a contributor to the book, Guide to Project Management, also published by Harvard Business Review Press.  Ray teaches process improvement, digital transformation, project management, product development and strategy development topics through Worcester Polytechnic Institute in Massachusetts. 

Ray received his B.S. in Mechanical Engineering from the United States Air Force Academy and his M.S. in Astronautical Engineering from the Massachusetts Institute of Technology.  He has recently completed a graduate certificate in Digital Leadership and Strategy from Boston University.    He also attended numerous business management and executive management training programs while at GE.  Ray is a Fellow at the Institute for Digital Transformation and a member of the Project Management Institute (PMI and the Institute of Electrical and Electronic Engineers (IEEE).  

The focus of Ray’s work has been the management and deployment of technology in various industries and business functions including finance, engineering, marketing, manufacturing, service, and IT.   Ray has completed projects, managed teams and delivered training and consulting on three continents and 15 countries.

On Demand FAQs

What is Self Study (QAS)?

Self Study QAS (Quality Assurance Service) is a NASBA and other regulatory bodies approved program designed for Professionals to complete their Continuing Professional Education credits through self-paced, interactive courses that meet the highest standards of quality and compliance. We are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies.

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To earn CPE credits, you must complete the self-study course, pass the required assessments, and submit the necessary documentation. Credits are awarded based on the completion of course hours and successfully passing the assessments.

Are the self-study courses approved by NASBA and other regulatory bodies?

Yes, all our self-study courses are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies, ensuring they meet the rigorous standards for quality and educational content set by these organizations.

What are the requirements to maintain compliance with self-study courses?

To maintain compliance, you must follow the guidelines set by NASBA and other regulatory bodies, which include completing the course within the specified timeframe, passing the assessments, and keeping accurate records of your learning activities.

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After successfully completing a self-study course and passing the assessments, you can access and download your course completion certificates from your account dashboard on our platform. These certificates are recognized by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies for compliance and reporting purposes.

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We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days – the fastest in the industry.

Live Webinar FAQs

What is a Live Webinar Group Internet-Based Credit?

A Live Webinar Group Internet-Based Credit is an interactive, real-time online seminar where professionals can earn Continuing Education credits by participating in live sessions led by experts in various fields. These sessions meet the standards set by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies.

How do I earn credits through live webinars?

To earn credits, you must attend the entire live webinar, actively participate in any polls or questions, and complete any required evaluations or assessments. Credits are awarded based on your attendance and participation in the live session.

Are the live webinars approved by NASBA and other regulatory bodies?

Yes, all our live webinars are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies, ensuring they meet the high standards for quality, interactivity, and educational content set by these organizations.

What are the requirements to maintain compliance with live webinar courses?

To maintain compliance, you must adhere to the guidelines set by NASBA and other regulatory bodies, which include attending the full duration of the webinar, participating in interactive elements, and completing any post-webinar evaluations or assessments.

How can I access my webinar completion certificates?

After successfully attending a live webinar and fulfilling all participation requirements, you can access and download your completion certificates from your account dashboard on our platform. These certificates are recognized by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies for compliance and reporting purposes.

How are credits reported to governing bodies?

We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days – the fastest in the industry.

Ratings and Review

4.5

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Very Good

Average

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LG

Leslie Glore, CPA (US)

Very interesting and informative. Great presentation of the changes in the work processes.

RN

Ring Nishioka, SHRM

great review of prior review of digital revolutions, specifically 1.0 and 2.0.

Inclusions
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