Industry 4.0 is the natural evolution, the next step, for traditional industry, and digital transformation will have its specific role to play. To stay ahead, companies need to keep up with developments in their industries, and also, and perhaps more importantly and more challenging, understand what their competitors are up to. To accomplish this, companies need to adapt their industrial processes and remain agile and to leverage the transition into the future.
It’s an evolution that started in the 70's and which is driven by developments in electronics and information technology. The widespread adoption of information and communications technology by the manufacturing industry around the world is now paving the way for disruptive approaches to development, production, and the entire logistics chain. The interchange between the internet of things, services, data, and people will transform the future of manufacturing.
What characterizes Industry 4.0 and this fourth industrial revolution?
These developments also affect Belgium. Our organizations and our clients are being confronted with challenges such as cyber security, value from data, regulatory developments, and large transformations including tax transformations. Companies need to be aware of these timely themes if they want to be able to keep up with the ever-changing world. They also need to be prepared for what may come in the future, especially in a business world where we see big players entering new markets, creating new competition, and large mergers and acquisitions defining the market in certain industries.
As we are here to assist you with hands-on advice and enable you to stay ahead of these developments, we are collaborating with the Antwerp Management School, Solvay Business School and the Federation of Enterprises in Belgium. We believe that we need to join forces to empower change and inpire confidence. Bringing together the different economic actors including but not limited to the entrepreneurs, .... we can create synergies that can make the difference.