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How Companies andCountries Can Prepare forthe Future of Production
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In four years, the number of connecteddevices is forecasted to double.Today, only 15% of production assetsare connected.
How Companies and Countries Can Prepare for the Future of Production
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70% of capturedproduction datagoes unused.Artificial intelligencecan change that.
How Companies and Countries Can Prepare for the Future of Production
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The $700 million wearables marketis expected to grow to $5 billionby 2020. Wearables willtransform human–machine interactions.
How Companies and Countries Can Prepare for the Future of Production
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Today, advance robotics handles 10% ofproduction tasks: roughly 250,000 unitswere sold in 2015. By 2020, advancedrobotics is expected to handle 45% ofproduction tasks, and units sold willreach about 400,000.
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At $5 billion in 2016, the global market for3-D printing is projected to rise to $16 billionby 2020. Advancements in metal capabilitiesand in the pharmaceutical industry have beenparticularly groundbreaking.
How Companies and Countries Can Prepare for the Future of Production
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The governments of Germany, the United Kingdom,Poland, China, India, Japan, South Korea, Singapore,Vietnam, the United States, Canada, and South Africahave launched ambitious programs to support theindustry transformation brought on by the FourthIndustrial Revolution, opening up huge opportunitiesfor public–private partnerships. However, many major countries are slow to invest.
How Companies and Countries Can Prepare for the Future of Production
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The impact of existing andemerging digital technologyon global production systemsand global workforces is—and will continue to be—extraordinary and immense.
How Companies and Countries Can Prepare for the Future of Production
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How should companies and countries prepare?
How Companies and Countries Can Prepare for the Future of Production
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Develop strategies and plans for
investment into public–private
partnerships
Conduct country and
company readiness assessments
Developdigital supply
chain strategiesfor companies
Conductscenarioplanning
Conductvalue chain
assessments
Enabledigital supply
chain execution
Regardless of national production and industrialstrategies, governments, businesses, and civilsociety can implement four cross-industry andcross-technology areas of action:
How Companies and Countries Can Prepare for the Future of Production
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Focus on research andinnovation, and improvetechnological readiness
Prioritize public–privatepartnerships on business
formation, innovation,and growth
Create pathways toproduction careers, including
education and skills
Democratizeproductionknowledge
Drawing on deep expertise in manufacturing,digital, and public-sector consulting, A.T. Kearneyprepares companies and countries to acceleratevalue creation and come out on top.
How Companies and Countries Can Prepare for the Future of Production
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How Companies and Countries Can Prepare for the Future of Production
A.T. Kearney is a leading global management consulting firm with o�ices in 40 countries. Since 1926, we have been trusted advisors to the world’s foremost organizations. A.T. Kearney is a partner-owned firm, committed to helping clients achieve immediate impact and growing advantage on their most mission-critical issues. For more information, visit www.atkearney.com.
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