Great Lakes Institute of Management conducted its Annual Management Conclave Sapience 2019 on 11th October, 2019, at its Gurgaon campus. The theme for the conclave was Industry 4.0: Managing Downstream Innovations. Industry 4.0 connotes a new Industrial revolution centred around cyber physical systems. The real time connection between physical and digital systems, along with new enabling technology, is the new way forward. Technologies such as Internet of Things (IOT), Blockchain, Advanced Robotics, Artificial Intelligence and numerous others will be monumental in achieving excellence and building a greater business impact.