Industry 4.0

Embracing Industry 4.0 and Rediscovering Growth

The rise of new digital industrial technology, known as Industry 4.0, is a transformation that makes it possible to gather and analyze data across machines, enabling faster, more flexible, and more efficient processes to produce higher-quality goods at reduced costs. This manufacturing revolution will increase productivity, shift economics, foster industrial growth, and modify the profile of the workforce—ultimately changing the competitiveness of companies and regions.

Nine Technologies Transforming Industrial Production

Advanced digital technology is already used in manufacturing, but with Industry 4.0, it will transform production. It will lead to greater efficiencies and change traditional production relationships among suppliers, producers, and customers—as well as between human and machine. Nine technology trends form the building blocks of Industry 4.0.

Big Data and Analytics

Autonomous Robots

Simulation

Horizontal and Vertical System Integration

The Industrial Internet of Things

Cybersecurity

The Cloud

Additive Manufacturing

Augmented Reality


BCG's Industry 4.0 Offerings

BCG’s Industry 4.0 consulting services take a holistic, sustainable, and scalable approach. We deliver by deploying proprietary tools and methodologies developed in our Innovation Center for Operations infrastructure. These offerings cover every manufacturing domain and comprise advanced manufacturing technologies that are empowered through data progression, storage, and optimization.

We help clients address the full range of issues associated with factories of the future:

  • Greenfield. We simulate a flexible-cell manufacturing setup and, using real production data, compare the simulation with other potential configurations.
  • Brownfield. We simulate a layout adjustment to identify potential areas to improve production processes or workflow.
  • Green. We develop an all-electric logistics concept that reduces a factory’s carbon footprint to meet the Paris agreement. To achieve the Green Factory of the Future, we work address carbon in three ways: avoid, reuse/store, and compensate.

Several of BCG’s proven proprietary tools and methodologies focus on this fourth industrial revolution.

BCG's Latest Insights on Industry 4.0

Meet BCG's Industry 4.0 Experts

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