The Fourth Industrial Revolution is here, are we ready?
Companies across the globe are digitally transforming as they are challenged to improve business processes and develop new capabilities and business models. 4IR technology patent applications are on the rise, Industry 4.0 ambitions are high, manufacturing and manufacturing technologies do well, spending on the Internet of Things in industrial markets in 2018 looks promising … and the list goes on. The so-called fourth industrial revolution is of course not just a matter of technology. It is also a matter of cooperation between European regions! But while large companies are anticipating the changes arising from the digital revolution in the production and value creation process, SMEs are struggling to embrace the Industry 4.0 revolution. The uptake of advanced manufacturing solutions is still a challenge to SMEs: only one in five manufacturing companies have already used advanced manufacturing solutions. Partners from regions across Europe have decided to join forces to exchange experience on how policies related to Structural Funds can unlock the full potential of Industry 4.0, fully convinced that the success of digital transformation will greatly depend on the SMEs, which feels in need of more practical support.
SMEs4I4.0 project is born to establish a common basis for policy learning among its members to overcome fragmentation of Industry 4.0 solutions and their enabling potential by dealing with main challenges hampering their diffusion into the European Union ecosystem. It is therefore key to bring together and to connect best capabilities across the EU as to foster the development, upscale, and commercialization but also diffusion of Industry 4.0 solutions – whether these are new technologies, products, services, business models, etc.
The time has come to implement Industry 4.0, let’s cooperate!
TECOS will contribute to the project with its experience in R&D, cluster managing and development of business support services. It offers integrated solutions including product design, advanced computer-aided analysis, prototyping and installation of manufacturing processes. It will be a link between industrial enterprises and R&D institutions, sharing knowledge and experience with industry partners, working on the strategy of Industry 4.0 and integration of S3 in the industrial environment.