WMG researchers, at the University of Warwick, have worked in conjunction with Crimson & Co and Pinsent Masons, to produce a free to access “Industry 4” readiness assessment tool. It is designed to provide a simple and intuitive way for companies to start to assess their readiness and future ambition to harness the potential of the new cyber-physical age
This report and tool has been designed to enable companies to create an assessment of their Industry 4 readiness and benchmark that readiness across a group of 53 companies. It provides an evidence base for companies to start or broaden the conversation, by helping to identify the gaps between current performance and future ambition. One of those companies that have worked closely with WMG in the development of the tool is Tata Steel who have now applied it themselves and are delighted with the result.
Stephen Marshall, Advanced Forming Research Centre representative on the High Value Manufacturing Catapult, has conducted an assessment of 19 tools in this area, and he has identified the WMG tool as having the broadest scope. He said:
“In our recent High Value Manufacturing Catapult survey of 19 digital manufacturing readiness assessment tools, WMG’s Industry 4 Readiness Assessment Tool received the highest score for scope of all the self-assessment tools surveyed. It not only covered the relevant technologies but also including those aspects of a company’s business which will influence its ability to successfully adopt such technologies. By expanding the company’s understanding of the factors involved, this approach should help inform the planning process.
The tool was recently launched at WMG and the the full report is available to download from this webpage: www.warwick.ac.uk/scip/industry4report