Some analysts believe Industry 4.0 will attract annual investments of up to €140bn (£100bn) per annum to 2020 but nearly half (47%) of respondents hadn’t even heard of it.
Just over a quarter (28%) have heard the term but don’t really know what it is, and 13% considered themselves knowledgeable about Industry 4.0 and that it could be relevant across much of UK manufacturing.
A lowly 3% consider themselves well-informed about Industry 4.0 but thought that it would find relevance in niche areas of UK manufacturing and 9% didn’t agree with any of the options presented to them.
Not one of our 344 respondents agreed with the statement “I consider myself well-informed about Industry 4.0 but don’t think it will be relevant to UK manufacturing”.
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