Create your own personalised readiness report to dynamically compare your readiness against other companies.
Industry 4
How ready is your business?
What is Industry 4?
The term Industry 4 originates from the high-tech strategy of the German government, which sought to re-define the role of manufacturing post the global economic crisis. It suggests that we are on the cusp of the 4th Industrial Revolution, a cyber physical age, which will be realised over the next 20 years. It is an age in which materials and machines are inter-connected within the internet of things (IoT), where everyday objects have network connectivity, allowing them to send and receive data. This will enable highly flexible, individualised and resource friendly mass production. It is driven by a requirement for shorter time to market, increased flexibility and greater asset efficiency.
i4ready self-assessment tool
The readiness assessment tool is comprehensive in its nature. It looks beyond the technology to consider 6 core dimensions, with 37 sub-dimensions of industry 4 readiness. The core dimensions include:
- Products and services
- Manufacturing and operations
- Strategy and organisation
- Supply chain
- Business model
- Legal considerations
Drawing on expertise in developing supply chain maturity assessment tools, the assessment is designed around four readiness levels (beginner, intermediate, experienced and expert). They have explicit statements of what needs to be achieved to reach that particular level of readiness for each sub-dimension.
Personalised Industry 4 report
This tool has been designed to enable you to create a personalised report of your company’s current Industry 4 readiness and 5-year ambition, whilst providing a comparison to the average Industry 4 readiness of participating companies.