Logical System and Industry 4.0

Logical System and Industry 4.0

Though there is still no complete definition of Industry 4.0, , analysts tend   to describe it as a process that will lead to fully automated and interconnected industrial production. According to a recent report by  McKinsey multinational consulting firm, new digital technologies will have a profound impact on four development guidelines:the first concerns data usage, computing power, and connectivity, and is declined in big data , Open data, Internet of Things, machine-to-machine e cloud computing for centralizing information and storing them. The second one concerns analytics: from the collected data, we need to gain value. Today only 1% of the data collected is used by companies, which may benefit from "machine learning", or machines that improve their yield,  “learning" from collected and analysed data.  The third guideline of development is the interaction between man and machine and augmented reality:  for example, the use of new tools like the Google Glass that will improve the performance at work. Finally there is the transition from digital to "real”, which includes additive manufacturing, 3D printing, robotics, communications, machine-to-machine interactions and new technologies to store and use energy in a targeted way, streamlining costs and optimizing performancei. 

Changes in the job market with Industry 4.0

The fourth industrial revolution that we are experiencing and where Industry 4.0 is springing of course will also affect the job market. From the "The Future of Jobs" survey presented at the World Economic Forum one of the effects of Industry 4.0 will be the creation of 2 new million jobs worldwide, but at the same time 7 million will disappear.  Italy should get a balance (about 200,000 places created and as many lost). The biggest losses will be on administrative areas and production, while new professional figures will be required in the financial, management and IT fields. Critical and creative thought will be the most sought after skill.  

The future scenario

The scenario is rapidly evolving and we must therefore equip ourselves to adapt and capture the benefits, including the increase of the trend of growth and flexibility, the improvement of productivity and the creation of new business models. In other words with the new Industry 4.0 paradigm, companies can finally return to being competitive.

Italy has developed a "National Industry Plan 4.0 2017-2020", which provides for concrete measures to stimulate innovative investment, provide enabling infrastructure, create skills and stimulate research, disseminate knowledge and ensure public-private governance for achieving set goals. The Stability Law passed last December 7th 2016 introduced a 250% over-amortization for R & D, innovation. and investment. This is a new facility-related facilitation that "fosters industry-leading technology and / or digital transformation processes”.

In this complex scenario, we at Logical System are alongside our partners who intend to take advantage of new digital technologies to promote and adapt their business activities. Together, we will face the challenges ahead in the coming years, with advanced solutions able to respond to the demands that rapid changes require in the development of new businesses.

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