The Fourth Industrial Revolution: At the intersection of readiness and responsibility paid Deloitte
long argued
Deloitte Global released its third annual Readiness Report on the eve of the World Economic Forum annual meeting in Davos. The report assesses business and government readiness for the Fourth Industrial Revolution.
That’s unfortunate, because the survey data suggests businesses with comprehensive Industry 4.0 strategies are far more successful across the board. They’re innovating and growing faster, successfully integrating Industry 4.0 technologies, and doing a better job of attracting and training the people they’ll need in the future. Their leadership is also more confident about leading in the Industry 4.0 era.
Only 17% of CXOs say making effective Industry 4.0 technology investments is a priority for their organization, ranking lowest among 12 investment priorities. And while leaders seem to understand the merits of taking a connected, integrated approach to implementing Industry 4.0 technologies, only 5% indicate significant progress in this area.
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