Jason Haider, CEO and Founder of Surgical Device Industry, Xenco Medical
Michelle Kaminski
In a compelling article published in January of this year by McKinsey & Company entitled “COVID-19: An Inflection Point for Industry 4.0,” the renowned consulting firm offered analysis of a recent survey and insight into the transformative impact of COVID-19 on the Fourth Industrial Revolution.
The article noted that three broad outcomes can be gleaned from the survey results: “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.” The article notes that “the pandemic has reinforced the message that digital solutions have the most impact when they extend beyond the walls of an organization and encompass more of its end-to-end value chain” and that argues that “Industry 4.0 leaders are already…
