DIGITAL FACTORY
That ’ s why at Infosys , we consider 4.0 an evolution , rather than a revolution , and have developed an Industry 4.0 Maturity Index in partnership with acatech , the National Academy of Science and Engineering in Germany , to provide companies with a practical framework for progress .”
Industrial Manufacturing Beyond Industry 4.0 ... Believing that the fifth industrial revolution ( Industry 5.0 ) is already underway , Walker explains that “ while the fourth industrial revolution has brought advanced technology and with it , opportunities into companies , it hasn ’ t done enough to truly seize said opportunity . The COVID-19 crisis made that very clear as have the growing movements and regulations addressing unsustainable behaviors , climate change and a growing number of societal problems .
“ Businesses will begin to pursue balanced value – which goes beyond efficiency and growth to also maximising social and environmental responsibility , and being better prepared in a world prone to crises . “ Companies will harness the existing digital technologies from the fourth industrial revolution to weave a continuous ‘ digital thread ’ through product engineering , manufacturing and the entire supply chain . This thread will give them unprecedented datadriven real-time insights , which enables them to always balance being relevant to customers and employees , operationally resilient , and responsible to the environment and society .”
In order for organisations to realise the Industry 5.0 potential , Rafi Billurcu , Partner and Head of UK Manufacturing at Infosys Consulting concludes that “ acting on Industry 5.0 requires manufacturers to have already taken key steps to starting their digital transformation journeys . This includes establishing a digital vision for the enterprise , and aligning this to drive the corporate strategy . Setting up a digital foundation is also key – digital processes must be at the core , along with a fully integrated and aligned operating model . Manufacturers must also adapt agile , and later SAFe agile principles of execution , in order to drive innovation at speed .”
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