INDUSTRY 4.0

Through mastering the next wave of automation (cobots, exoskeletons, additive manufacturing), data exchange (IoT, cloud computing) and artificial intelligence, truly digital and flexible manufacturing will be unlocked as part of the Fourth Industrial Revolution. This will be key to greater productivity and better job conditions, thus making the relocation of production facilities outside the EU redundant. However, as these technologies develop at breakneck speeds, we see that they are not being fully leveraged to achieve a truly competitive and sustainable EU industry, particularly in the SME ecosystem.

At Bax & Company, we have more than 30 years of experience and knowledge in the intersection between technology, business and policy in the industry and manufacturing domain. We understand sustainable manufacturing is a holistic process, from the design to the end-of-life stage. Together with our clients, we work to effectively integrate new technologies in this transition towards digital flexible manufacturing. That’s why we build new multi-stakeholder frameworks (involving technical, executive and employees representatives) and multi-criteria business cases. Only the development of human competences in synergy with technological progress will ultimately lead to creating agile and sustainable value networks.

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To find out more about today’s technological developments that will shape tomorrow, contact us!