How to capture the value of Industry 4.0

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Your playbook for getting the best out of Industry 4.0
Digital transformations are notoriously difficult to scale up across manufacturing networks, but when implemented successfully, data and analytics, AI, and machine learning can generate significant benefits. So how can companies effectively leverage new tools and technology to see meaningful returns? Check out a special collection from The Global Lighthouse Network, a World Economic Forum initiative in collaboration with McKinsey & Company, to explore how Fourth Industrial Revolution technologies are shaping production, and learn how to successfully implement a value-driven approach with these insights.
Read more
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   >
Scientist
Lighthouses reveal a playbook for responsible industry transformation
The advanced factories of the Global Lighthouse Network show how sustainability and workforce engagement can accelerate and scale Fourth Industrial Revolution transformation—responsibly.
Try a different approach   >
Toward smart production: Machine intelligence in business operations
A detailed study of machine intelligence in industrial and manufacturing operations reveals the surprisingly different paths companies can take. But a group of leaders shares similar characteristics.
Leverage advanced technology   >
Engineer working on a machine
The Fourth Industrial Revolution will be people powered
Companies at the forefront of the technology frontier are empowering their workers with digital technologies—and the skills they need to use them.
From aspiration to reality   >
The mainstreaming of additive manufacturing
After 40 years of development, what will it take for additive manufacturing to become more than a niche technology?
Create a healthier planet   >
Industry 4.0
How businesses can drive growth through Industry 4.0
Matteo Mancini, senior partner based in our Singapore office, explains the concept of 'lighthouses', McKinsey's collaboration with the World Economic Forum on the Global Lighthouse Network, and the opportunities business leaders can capture to effectively utilize Industry 4.0 technologies.
Capture the opportunities   >
COVID-19: An inflection point for Industry 4.0
COVID-19: An inflection point for Industry 4.0
Industry 4.0 technologies played a decisive role in the pandemic response at many companies, but the crisis is putting the future of digital operations under new pressure.
Drive the agenda   >
Capturing value at scale in discrete manufacturing with Industry 4.0
Capturing value at scale in discrete manufacturing with Industry 4.0
The efforts of many companies to apply Industry 4.0 solutions are stuck in "pilot purgatory." Determining where to focus and how to scale can help generate a meaningful, lasting impact.
3 key principles >
FROM THE OPERATIONS BLOG
Industry 4.0 adoption with the right focus
Industry 4.0 adoption with the right focus
A new tool can help companies unlock digital transformation—for operations excellence in the next normal and beyond.
Target priorities >
To see more essential reading on topics that matter, visit McKinsey Themes.
— Curated by Eleni Kostopoulos, a digital publishing manager based in New York
McKinsey & Company
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Global Toronto Headlines: Sunday, Apr. 17, 2022

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Daily Headlines

April 17, 2022
 
 
SPORTS April 17, 2022 1:45 pm

Toronto Blue Jays announcer Buck Martinez to begin cancer treatment, pausing duties

In a statement, Martinez said he would begin treatment in ‘the coming weeks’ and that Sunday would be his last game in the booth ‘for a little while.’

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CANADA April 17, 2022 1:32 pm

Tenant, landlord disputes seeing 'significant' backlog at Ontario tribunal

The number of applications resolved by the LTB in 2020-2021 dropped to a three-year low; there were 34,731 active cases, compared to 22,803 in the 2019-2020 year.

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CRIME April 17, 2022 9:38 am

Police release photo of suspect vehicle after downtown Toronto hit-and-run

Police said the vehicle is a white Mercedes AMG GT from 2019 or sooner and has a red interior and a convertible top. The suspect is a man with dark hair, according to police.

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CANADA April 17, 2022 11:00 am

If Russia’s atrocities are genocide, world leaders have a duty to act. Will they?

Defence Minister Anita Anand said in an interview with The West Block there appears to be a “strong argument” that Putin’s forces are inflicting genocide on the Ukrainian people.

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A young Ukrainian boy looks straight into the camera while holding his pet cat in the ruins of his family home, destroyed by Russian forces.
HEALTH April 16, 2022 2:16 pm

New COVID-19 breath test approved in U.S. Here's how it could be useful

A non-invasive devise using breath samples can test for COVID-19 in three minutes, but experts say there is a trade-off to the convenience and speed.

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MONEY April 16, 2022 1:27 pm

Owner of shuttered Saint John restaurant says city won't do necessary repairs

Yan Del Valle says the building housing his restaurant needs extensive repairs before it can reopen, but the City of Saint John, which owns it, isn’t willing to get it done.

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Yan Del Valle says the building housing his restaurant needs extensive repairs before it can reopen.

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ECONOMY April 16, 2022 3:56 pm

Manitoba reintroduces TRIP program ahead of May long weekend

The program, which began last summer, encourages Manitobans to get out and travel the province by providing a $100 rebate when you stay at any hotel or motel.

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ENTERTAINMENT April 14, 2022 10:42 pm

Dogs now banned from popular Vancouver Island beach to help save bird population

The popular beach area in Pacific Rim National Park on Vancouver Island is home to shorebirds that use the beaches during spring and fall migration.

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Combers Beach
CANADA April 15, 2022 7:00 am

What's open, what's closed in Toronto: Easter long weekend 2022

Here is what you can expect to be open and closed during the Easter long weekend in Toronto from April 15 to 18.

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