The Fourth Industrial Revolution is happening now!

Some organisations are already leading the way…

As highlighted in the McKinsey article “‘Lighthouse’ manufacturers lead the way—can the rest of the world keep up?”

This digital transformation is based on the convergence of connectivity, flexible automation and intelligence (and the culture of process knowledge with data analytics and information technology).

Early adopters will be the winning industrial companies.

From McKinsey & Company, Jan 2019:

“The long-anticipated Fourth Industrial Revolution is no longer some far-off horizon. Early-adopting “lighthouse” factories are implementing advanced manufacturing and AI-driven technology, at scale, and seeing significant gains. What insights can the leaders share to accelerate digital scale-up broadly? What is needed to ensure these benefits spread across regions and sectors?

Some answers to these questions are addressed in the paper, “Fourth Industrial Revolution: Beacons of Technology and Innovation in Manufacturing”, by the World Economic Forum, in collaboration with McKinsey & Company.”

Reference articles:

‘Lighthouse’ manufacturers lead the way—can the rest of the world keep up? McKinsey & Company, Jan 2019

“Fourth Industrial Revolution: Beacons of Technology and Innovation in Manufacturing” World Economic Forum, Jan 2019

 

More updates here