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Capturing the true value of Industry 4.0

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Achieve change ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 
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AN ARTICLE A DAY, PICKED BY OUR EDITORS
Stuck in pilot purgatory? Implementing Industry 4.0 across networks has allowed some companies to leap ahead, while others are playing catch-up on data and analytics, AI, and machine learning. Although digital transformations are notoriously difficult, the pressure to succeed is intense and the benefits can be seen across the entire manufacturing value chain. Our insights identify three main archetypes for the companies that have stalled out—cautious starters, frustrated experimenters, and ready-to-scalers—but all three can course correct. Don’t miss a new article on how to turn purgatory into progress.
— Sarah Skinner, digital editor, New York
 
Capturing the true value of Industry 4.0
With digital transformations notoriously difficult to scale up across factory networks, manufacturers may need to slow down to get ahead in the race to implement Industry 4.0.
Achieve change  
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Quote of the Day
“The opportunities to retain and attract talent are huge—every engineer I’ve talked to wants to help resolve the climate challenge and sees engineering as core to doing so. We need to be able to create a vision for how they can transfer their skills to these new areas.”
—Aleida Rios, senior vice president of engineering at BP, on organizations attracting, developing, and retaining the talent required to meet net-zero targets in "Engineering the energy transition: An interview with Aleida Rios of BP"
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Read the report   >
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by "McKinsey Daily Read" <publishing@email.mckinsey.com> - 07:33 - 14 Apr 2022