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Technology Stocks : Investing in Exponential Growth
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From: Paul H. Christiansen3/16/2019 9:45:25 AM
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The Fourth Industrial Revolution’s scarcest commodity? Time

There’s no longer much debate on whether the Fourth Industrial Revolution (4IR)—the technological megatrends of connectivity, intelligence, and flexible automation that have upended traditional manufacturing—is here. It is. And that message is getting through: executives from around the globe have told me how their businesses are responding.

But probably not quickly enough. That’s the message from the latest research conducted by The World Economic Forum (WEF), in collaboration with McKinsey & Company, and presented in more detail at the January 2019 World Economic Forum Annual Meeting in Davos.

The new study scanned more than 1,000 leading manufacturers worldwide that are implementing 4IR technologies. Through our work, described in “ Fourth Industrial Revolution: Beacons of Technology and Innovation in Manufacturing,” we identified sixteen “lighthouse” sites that have delivered genuine step-changes in manufacturing performance.

They’re in emerging and developed economies, and range from global blue-chip companies to SMEs with fewer than 100 employees. But what they have in common is that they serve as real-world evidence to dispel the myths and misunderstanding that so often block adoption of innovative technology at scale. They have demonstrated how forward-thinking engagement of technology can create a better, cleaner world through new levels of efficiency in manufacturing.

Read More - McKinsey
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