Sprinting to Value in Industry 4.0

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<title>Sprinting to Value in Industry 4.0</title>
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<namePart>The Boston Consulting Group</namePart>
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<dateIssued>2016</dateIssued>
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<abstract displayLabel="Summary">To improve performance and gain a competitive edge, manufacturers must adopt the new digital industrial technologies that are collectively known as Industry 4.0. Leading manufacturers are already applying these advances in order to bring products to market faster, reduce their cost bases, and build new revenue streams. The value created by Industry 4.0 vastly exceeds the low-single-digit cost savings that many manufacturers pursue today. The new technologies promise to revolutionize manufacturing, thereby shifting the competitive balance among countries and transforming the industrial workforce. (See Industry 4.0 Revolutionizes Manufacturing.)</abstract>
<note type="statement of responsibility">Justin Rose...[et al.]</note>
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