US Manufacturers Too Slow to Adopt Industry 4.0: BCG Study

Industry Week:  U.S. manufacturers recognize the potential of the digital technologies known collectively as Industry 4.0 to create value, but they are largely approaching the opportunity in piecemeal fashion and may miss out on the significant business benefits these technologies offer, according to new research from the Boston Consulting Group (BCG).

Nearly 90% of manufacturing leaders surveyed by BCG regarded adopting Industry 4.0 technologies as a way to improve productivity, but only about one in four see opportunities to use these advances to build new revenue streams. Many are pursuing isolated initiatives scattered throughout the company, BCG found in its new report, "Sprinting to Value in Industry 4.0," without a clear vision and coordination from the top.  Cont'd...

Comments (0)

This post does not have any comments. Be the first to leave a comment below.


Post A Comment

You must be logged in before you can post a comment. Login now.

Featured Product

EXAIR's EasySwitch Wet-Dry Vac

EXAIR's EasySwitch Wet-Dry Vac

EasySwitch Wet-Dry Vacuum simplifies the filter change process when switching from vacuuming a dry material to a liquid or vice versa. The EasySwitch is a powerful pneumatic vacuum that is ideal for any application - wet, dry, light and heavy. Exair184_5175 EXAIR is offering a special right now on all of their Industrial House Keeping Vacuums. Learn more at https://exair.co/184-ihppromo