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Industry 4.0 for all?

A thesis presented at Ca’ Foscari offers an interesting snapshot of the position of Italian industry with regard to innovation

 

Industry 4.0,and everything that comes with it.A goal for everyone to strive to achieve, aware as we all are not only of the different points from which we are starting but also of the potential that is there to be utilised. Reading the research undertaken by Gregorio Toffon that was recently presented on the Ca’ Foscari University of Venice’s degree course in Administration, Finance and Control could certainly prove useful when it comes to better understanding the difficulties that must be overcome and the levers that can be capitalised upon.

Impresa 4.0 Opportunità e Sfide del Futuro (“Enterprise 4.0 Opportunities and Future Challenges”) offers a clear overview of the position of Italian industry with regard to 4.0 technologies. The study first takes into account the “four industrial revolutions” that have shaped history, before focusing on the characteristics of Industry 4.0 and its nine ‘pillars’, followed by an in-depth examination of certain aspects such as so-called soft skills, as well as productivity and the importance of innovative start-ups.  All of this eventually leads back to the reality that our country is currently facing through a series of 8 company case studies, notably including those of ABB, Beretta, ROLD and SACMI.

The author writes in his conclusions that “modern entrepreneurs are being called upon to adapt quickly and abruptly to changing market conditions and in order to do so they need to continuously invest in their businesses in terms of both fixed assets and providing personal training for all members of the organisation”. The real problem, however, Toffon points out, is not only the necessary investment but also, first and foremost, the fact that the Italian situation and the policies pertaining to Industry 4.0 are still a long way off target, which is partly to do with investment and partly with a business culture that needs to grow and develop.

Industry 4.0 certainly presents a complex problem, and one that Toffon’s research will help us to better understand.

Impresa 4.0 Opportunità e sfide del futuro

Gregorio Toffon

Thesis, Ca’ Foscari University of Venice, Degree Course in Administration, Finance and Control, 2020