Sprinting to Value in Industry 4.0

Do Not Reproduce More Than Two Slides or Charts Without Permission Background and context Earlierthis year, a Boston Consulting Group studyfound thatcompanies in the US and Germanyhad implemented the new digitalindustrialtechnologies thatare collectivelyknown as Industry 4.0 at approximatelythe same pace.1 • German companieswere off to a somewhatfasterstartof implementation despite the commonperceptionthat US companieswere the front-runnersin embracing digitaltransformation • German companiesalso appearedto be better prepared foradoptthe new digital technologiesand to have higherambitions To gain further insights aboutthe status of Industry 4.0 adoption byUS manufacturers and the challenges theyface, BCG surveyed 380 US-based manufacturing executives and managers atcompaniesrepresenting a wide range of sizes in various industries (for methodology,see p.13). Do Not Reproduce More Than Two Slides or Charts Without Permission Executive summary Key findings from the research US ...