In the next few years, the 4th Industrial Revolution will guarantee additional proceeds (500 billion dollars) and fewer costs (421 billion), also thanks to software for production control.
According to some experts, though, Italy is late in this process, which aims not only to connect factories, but also to integrate digital culture and new skills.
Industry 4.0 is more and more at the centre of managers’ plans, but in spite of all the efforts, it risks remaining just a slogan, pace all the potential benefits in terms of efficiency and productivity. Taking part in the 4th Industrial Revolution is nothing but a fancy for a still huge number of companies, curbed by lack of innovation culture, operative visions and the digital skills of managers, who are confused about the actual return of digital investments. Although, in the next few years, they might have surprises in store.
This is what emerges from the global report on Industry 4.0, carried out in 26 countries scattered around the globe. We are dealing with the shift from paradigm 3.0, i.e. the one that brought to the automation of a single machine or of a single process, to its evolution, which regards end-to-end digitalisation of entire companies, from fiscal assets to the value chain that involves partners: not a small challenge. But the benefits are huge, as shown in the estimate on the businesses of those who are already investing or will invest in the near future.
According to the calculations, in fact, Industry 4.0 will guarantee additional proceeds (500 billion dollars) and fewer costs (421 billion), also thanks to software for production control. Just as GB Progetti, a Brescia-based company, had done 25 years ago, when the 4th Industrial Revolution was still not in sight.
In any case, the double line of additional proceeds and reduction of costs will be receive a push by the innovation of products and services from a new digital-native-like point of view and, at the same time, by the reduction of operative times and the best use of assets allowing the maximisation of quality. In other words, a virtuous circle on which companies are expected to invest 907 billion dollars over the next 4 years: on average, 5% of their turnover. This money is destined not only to sensors, connected devices, software for production control and digital appliances, but also to the training of employees and to the changes in the organisational machine.