In cooperation with the Fraunhofer Institute for Industrial Engineering IAO, Ingenics AG has carried out the second large-scale Industry 4.0 study. Responses were collected from 844 decision-makers in companies of various sizes and in a range of sectors in answer to the question "Industry 4.0 – Where Is the Revolution in Work Organization today?" The study was also one of the key topics at the 16th Discussions. It revealed that more than 2,700 Industry 4.0 applications in total were implemented.
As a result of those applications, data indicates that lead times were reduced by 14.5 percent on average. In the area of process quality, an average increase of 13 percent has been achieved. Furthermore, companies reported cost reductions of 10 percent in pilot departments and an average increase in sales of 7.9 percent.
Looking to the future, most of the companies surveyed plan to roll out Industry 4.0 activities. Manufacturing comes first (57 percent), followed by production planning and control (45 percent), (intra)logistics (43 percent), and assembly (42 percent).
The final results of the new Industry 4.0 study can be downloaded for free by visiting the following link.