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industry 4.0

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May 13, 2017
The Chinese government recently released implementation guidelines for the “Made in China 2025” strategy. The guidelines outline the Chinese manufacturing sector refurbishment, emphasising innovations-based production, which should lift the country into a higher value-added economy. The strategy, which is in essence similar to Germany’s economy digitisation “Industrie 4.0” programme, creates one of the largest rivalries to […]
February 28, 2017
The Fourth Industrial revolution entails shifting to more interconnected, efficient and flexible business models. In order to take advantage of increasing interconnectivity around the world, businesses will need to invest not only in new age machinery, but also in the high-skilled labour force, thus increasing spending on education. Industrial analysis of the most capital intensive […]
January 28, 2017
The traditional manufacturing process typically consists of three parties: the physical manufacturer; suppliers; and services providers. These parties are usually fairly unconnected and have independent operations, which creates a lot of inefficiency in the supply chain and turns into lost opportunities. Fortunately, development of the fourth industrial revolution, the Industry 4.0, which emphasises digital technologies, […]
January 2, 2017
2016 has been a challenging year for the global economy, with two major political shocks in advanced economies – the UK’s decision to leave the EU, and the election of Donald Trump to the US presidency. In economic terms, the year has been defined by uncertainty, and consumers have reacted to this by reducing expenditure […]
December 16, 2016
  The fourth industrial revolution is set to bring changes to not only manufacturing industries but also business services. Industries such as advertising, recruitment and legal services are projected to see an increased demand for peronalised, real-time delivery of services through multiple channels. At the same time, investment in digital services is expected to be […]
Vita Krasodomskyte

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