Is it a solid answer for economic recovery?

For some year now, Industry 4.0 has been the focus of economic transformation in the world and this is also and above all true in Italy.

The term Industry 4.0 was used for the first time in 2011 at the Hannover Fair (Germany) and from the very beginning it represented a significant discontinuity with the past according to the majority of companies, effectively establishing the beginning of the fourth industrial revolution.

In 2016 in Italy was launched an ad hoc government plan, which has been revised and supplemented to date, in which the current Premier spoke of a possible "4.0 Plus Business Plan".

In 2018 the Industry 4.0 market was 35% more than in 2017 with a value of 3.2 billion Euros. The expected results for 2019 are certainly growing and despite the covid-19 pandemic it is believed that it will grow further in 2020.

But why is it so relevant to talk about Industry 4.0 today?

Will it be the point from which to start again and will it really help our country and our companies to recover and regain share in the post covid-19 panorama?

Let's see it quickly together.       

The expression Industry 4.0 actually expresses a vision of the future according to which, thanks to digital technologies, industrial and manufacturing companies will be able to increase their competitiveness and efficiency thanks to the interconnection and cooperation between their resources (plants, people, information), whether internal to the Factory or distributed along the entire value chain.

Recent research today has shown that Industry 4.0 is also significantly changing the assessment of skills and therefore placing an important emphasis on the involvement of human resources, from individual operators in all phases of the digital transformation, from strategy definition to evaluation and development, thus leading companies to far more significant performance improvements than a techno-centric approach. As a matter of fact is becoming increasingly popular the meaning of "4.0 skills".

However, one of the pillars of Industry 4.0 is certainly represented by digital technologies and the impact of their implementation in the operational processes of industrial companies. The technologies are the most varied and modern and range from the Internet of Things, to Big Data and Cloud Computing close to Information Technology, to those more related to the world Operations such as collaborative robotics, augmented and virtual reality, 3D printing, and much more.

 

The path seems to be more and more defined and aims straight to innovation. 

The acceleration towards digitization and reorganization of processes by companies in the face of the crisis caused by the Covid-19 emergency is becoming increasingly evident, in order to make timely decisions without waiting for the context to be clearly defined.

According to Andrea Bianchi, Director of Industrial Policies at Confindustria: "Digitization, Industry 4.0 and sustainability are the main drivers of transformation in manufacturing, so Italy cannot lag behind in these areas. To confirm our manufacturing leadership, in Europe and worldwide, we need funding for the purchase of machinery, technology and investment in people's skills".

 

In fact, most companies see digitization as the leverage to be ready to compete in an uncertain and ever-changing environment and make their organizations more agile, fast, flexible and resilient. In today's landscape, companies and their CEOs and CFOs are expressing their views on future scenarios, once again putting digital transformation first, identifying it as a strategic and central cornerstone for the future development of the entire value chain to realize long-term potentials.

Digibelt, the Bonfiglioli Consulting's innovative startup, still believes that the idea that Industry 4.0 and its tools can actually make companies smarter and smarter is still valid today, and is at the forefront to help companies undertake a conscious and structured digitization process in order to avoid the dispersion of resources and intercept the most profitable sources of profitability and competitiveness.

Contact us for more information. We will be pleased to tell you about our approach and our model of intervention.

 

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