The Fourth Industrial Revolution is here, are you ready?
The line between the digital and physical is blurring. From artificial intelligence to cyber security to advanced manufacturing, the Fourth Industrial Revolution could fundamentally change how technology interacts with humanity—and our aspirations.
We surveyed 1,600 C-level executives across 19 countries to explore a core question: How ready are the leaders of businesses and government agencies to harness the full potential of Industry 4.0 to benefit their clients, their people, their organisation, their communities, and society more broadly?
How do South African executives’ responses compare with those of their global counterparts? Download the South African findings.
How will Industry 4.0 impact the future of production in the automotive sector? Deloitte in conversation with Simon Roberts, McLaren racing Chief Operations Officer discuss this in detail. Download the article for the full conversation.
Key highlights from the global report:
- Just 14 percent of respondents are highly confident their organisations are ready to fully harness the changes associated with Industry 4.0
- Only a quarter of CXOs surveyed are highly confident they have the right workforce composition and skill sets needed for the future, despite 84 percent saying they are doing everything they can to create a workforce for Industry 4.0
- CXOs overwhelmingly (87 percent) believe Industry 4.0 will lead to more equality and stability, and three-quarters say business will have much more influence than governments and other entities in shaping this future
- Yet less than a quarter of those surveyed believe their own organisations hold much influence over critical factors such as education, sustainability, and social mobility
Download the global report for the full insights.
How can Deloitte help?
In this age of unprecedented global social and economic connectivity, the fourth industrial revolution is happening quickly, in ways large and small.
Deloitte has a team of subject matter experts who can be contacted to guide you and your organisation on this journey.