Category Archives: WEF

Interview: WEF and McKinsey name Industry 4.0 lighthouses

The World Economic Forum (WEF) Initiative on Shaping the Future of Production is collaborating with McKinsey & Company, a New York-based management consulting firm, to find manufacturers successfully implementing new technologies, i.e., the 4IR “[Fourth Industrial Revolution] production lighthouses.” According to McKinsey, the Fourth Industrial Revolution(Industry 4.0) is expected to create up to $3.7 trillion […]

Interview: WEF and McKinsey name Industry 4.0 lighthouses

The World Economic Forum (WEF) Initiative on Shaping the Future of Production is collaborating with McKinsey & Company, a New York-based management consulting firm, to find manufacturers successfully implementing new technologies, i.e., the 4IR “[Fourth Industrial Revolution] production lighthouses.” According to McKinsey, the Fourth Industrial Revolution(Industry 4.0) is expected to create up to $3.7 trillion […]

WEF and McKinsey highlight smart factories leading Industry 4.0

The World Economic Forum (WEF) and McKinsey & Company, a New York-based management consulting firm, are conducting a global search and assessment for “Fourth Industrial Revolution [4IR] production lighthouses”— facilities actively deploying 4IR technologies within manufacturing. “The majority of [4IR] tools have been implemented at scale in select factories, and we are on a mission […]