The Fourth Industrial Revolution (i4.0) is upon us. And some manufacturers are already taking the lead. The pressure on executives to adapt and compete is tremendous.
In this environment, executives at manufacturing companies need to separate hype from reality. They need a clear picture of the current risks and opportunities. And they need to understand what their peers and competitors are doing to drive value and capture competitive advantage.
This report offers a realistic perspective on the current state of Industry 4.0 adoption and readiness across the global market. It is based on a series of in-depth benchmarking exercises with leading industrial manufacturers around the world. And it identifies how today’s market leaders are taking advantage of comprehensive i4.0 strategies to make changes to their business models, operating models and value chains. It also offers practical advice for those striving to adapt and compete in a technology-driven marketplace.
A summary of what manufacturers should be thinking about and doing to secure value and create competitive advantage in today’s Fourth Industrial Revolution environment.
We believe that the time for small-scale i4.0 experimentation is coming to a close. To win in tomorrow’s competitive environment, manufacturers will need to start being bolder in their vision, strategies and actions. This summary report of our i4.0 maturity assessments provides executives with some ideas on how to start.
©2021 KPMG, an Australian partnership and a member firm of the KPMG global organisation of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. All rights reserved. The KPMG name and logo are trademarks used under license by the independent member firms of the KPMG global organisation.
Liability limited by a scheme approved under Professional Standards Legislation.
For more detail about the structure of the KPMG global organisation please visit https://home.kpmg/governance.