20 May '15, 3pm

Fourth Industrial Revolution Analyzed in New Report – story @PDandD

Fourth Industrial Revolution Analyzed in New Report – story @PDandD

​McKinsey & Company released a report today analyzing the fourth industrial revolution (Industry 4.0), which pertains to the implementation of the Internet of Things (IoT) in traditional industries. To compute the effects of the fourth industrial revolution, the report, “Industry 4.0 - How to Navigate a Changing Industrial Landscape,” used exclusive market research. More specifically, the report analyzed the attitude, impact, and level of preparation for the U.S., German, and Japanese markets. The survey featured 300 respondents, all of which are employed by companies with 50 or more employees. "We invested dedicated experts and full time resources over more than four months into the research in this area," said Dominik Wee, a leader in McKinsey's Semiconductors Practice in EMEA. "This is one of the top priority investment areas for McKinsey and its Advanced Industries pra...

Full article: http://www.pddnet.com/news/2015/05/fourth-industrial-revo...

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