India, Sept. 11 -- When we hear the word 'industry', many of us may think of factories or tall smokestacks or swanky offices with computers or even the shop floor of manufacturing plants! Even as technology grows in leaps and bounds, and Industry 4.0 is having its impact in the way industries operate, the picture of 'industry' remains more or less the same in our mind.

For universities, B Schools, and engineering colleges, to remain relevant in the next decade, it is important that they embrace the digital transformation. Moreover, they will also need to accept everything that this transformation has to offer and instil education, knowledge, and skill set which can create a workforce which his ready to take on the challenges that the ind...