Category Archives: Bayer

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 […]