The rapid advancement of mobile communication technologies with unforeseeable computing power, ubiquitous broadband network, and web-based cyber world has been enabling the new hyper-connectivity among persons and things, opening the new era of 4th industrial revolution. Current wireless communication technical standardization efforts dubbed by “5G Wireless” are aiming for 100 Gigabit/sec throughputs, less than 1 msec latency and ultra-reliable connections, and one million devices/Km2 and supporting Machine Type Communication (MTC). This revolution will touch all industries and even our daily lives for good. Every industrial revolution has been triggered by new paradigm shift in all aspects of business and new technical innovations. This presentation defines the 5th generation wireless communications currently under full scale developments and tries to link with the 4th industrial revolution in every aspects of businesses. It will create oppertunities redesigning the business models and processes along the new paradigm and technical challenges to meet the massive connectivity, middle-ware, data analytics, cloud resources, and service/applications. The presentation will provide a sneak preview of our lives beyond 5G Wireless/4th Industrial Revolution era .