4/30/2023 0 Comments Define viceversaIf you would like information about this content we will be happy to work with you. We strive to provide individuals with disabilities equal access to our website. In sum, 56 percent of respondents that hadn’t implemented Industry 4.0 technologies prior to COVID-19 found themselves constrained in their ability to respond to COVID-19 in the absence of digital technologies to support them. Our latest survey indicates that not only did they find themselves struggling during COVID-19, but also the absence of past experience, lagging underlying IT/ OT technology stacks, and COVID-19-driven cash constraints are making it difficult for them to catch up (Exhibit 4). A wake-up callĬompanies that had not implemented Industry 4.0 prior to COVID-19 have had a wake-up call. The quest for speed in implementation led many organizations to work around their legacy IT and OT systems during the initial rollout of industry 4.0, but that approach is now reaching its limits. In particular, many companies are finding that they can no longer ignore the limitations created by weaknesses in their underlying information technology/operational technology (IT/OT) infrastructure. Second, battle-testing their Industry 4.0 platforms during the crisis may have shown companies that they have further to go than they thought before their implementations are truly fully scaled. Industry 4.0 technologies are no longer being measured for their ability to add value during business as usual instead, they are also expected to prove valuable during trying times such as the COVID-19 crisis. First, the bar for what “successful scaling” means has risen. This change in perceived maturity has two likely causes. The number saying they had successfully scaled some or many Industry 4.0 use cases was down by more than 40 percent, to below the level we recorded in 2017 (Exhibit 3). Compared to last year, our research reveals a significant drop in respondents’ assessment of their organization’s maturity. Please email us at: Industry 4.0 technologies proved critical to early adopters in their crisis responses, the pandemic has also forced companies to reevaluate the progress of their own digital transformations. Overall, 94 percent of respondents told us that Industry 4.0 had helped them to keep their operations running during the crisis, and 56 percent said these technologies had been critical to their crisis responses. Since 2017, we have been tracking the progress of Industry 4.0 through our annual Industry 4.0 survey of global manufacturing companies, and our latest survey of more than 400 companies worldwide (Exhibit 1) provides a snapshot of leaders’ perspectives six months into the coronavirus pandemic. Did the technologies of the ongoing Fourth Industrial Revolution (or Industry 4.0) help those companies in their efforts?Īnalysis of a new McKinsey survey’s results suggests three outcomes: a win for companies that had already scaled digital technologies, a reality check for those that were still scaling, and a wake-up call for those that hadn’t started on their Industry 4.0 journeys. While some contended with keeping the operations running in the face of shortages of workers or raw materials, others struggled to keep up with the sudden spike in demand. Confronted with the largest health and economic crisis in recent history, companies across sectors were forced into extraordinary measures to protect their people and maintain operations. “… such a penance and the Arch-Priests vice-versa to be suspended and attained as Schismaticall.In 2020, industrial digitization faced its biggest test to date. One of the earliest examples of the phrase can be found in Anthony Copley’s Ananswere to a letter of a Jesuited gentleman by his cousin, : It is a loan word, meaning that it has been adopted from a foreign language with little to no modification.It is typically used as an adverb. The phrase comes from the 17 th century Latin words “vicis” which means an alteration (but it can also mean a place or position), and “vertere” which means to turn. She does not trust him, and vice versa.The engineers have just discovered a new device by the help of which are able to transfer from VHS tapes to DVDs and vice versa.“There are times when I’m really happy and I write something really sad, and vice versa.” - Juan Gabriel.Mothers infected by dengue may have babies with higher risk of severe Zika, and vice versa.I am tired of spending time with my family, and vice versa.I do not like my sister’s new husband, and vice versa.expression meaning ‘the reverse is also true’.when something is true even in the opposite order.
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