Europe, Asia Lead the Way to the Factories of the Future

Sep 10, 2018 10:35 AM ET
Summary: 
  • The World Economic Forum identifies nine of the best factories in the world
  • These “lighthouses” are selected from a survey of over 1,000 manufacturing sites based on a successful track record of implementing technologies of the Fourth Industrial Revolution
  • Three of the nine “lighthouse” sites are in China, five are in Europe and one is in the United States
  • For more information about the Annual Meeting of the New Champions 2018, please visit: http://wef.ch/amnc18
  • Follow the conversation using #AMNC18
Article

Concluding a year-long study, the World Economic Forum today announces nine of the most advanced factories in the world, recognizing the strides that the world’s best manufacturers are making towards embedding the technologies of the Fourth Industrial Revolution into modern production.

The nine “lighthouses” have comprehensively deployed a wide range of Fourth Industrial Revolution technologies and use cases at scale while keeping humans and sustainability at the heart of innovation. One exciting example from each of the sites is highlighted below:

  • Schneider Electric (Le Vaudreuil, France): ‘Smart and integrated factory’ - Empowering operators to have increased visibility into operations, maintenance, and energy use and sharing these best practices across sites, has helped maximize energy and operational efficiencies, reducing energy costs by 10% and maintenance costs by 30%

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