Germany, Austria and Switzerland (DACH region) as well as the UK are lagging behind in the transition to Industry 4.0 technologies and embracing data-driven strategies, according to a report from IT consultancy MHP and Ludwig Maximilian University of Munich (LMU).
The study, released at the Hannover Messe trade fair this week, surveyed 823 executives from industrial companies in the four key countries as well as China and the US.
Markus Wambach, Group COO at MHP, said that for seven years now the consultancy has been publishing the barometer together with the LMU Munich, which initially reflected the Germany-wide Industry 4.0 benchmark. It has been measuring and comparing the degree of maturity internationally since 2021.
“On the one hand, the barometer is a mirror for companies that shows current developments and challenges,” he said. “On the other hand, it shows them what they need to do to keep pace with international competition. This is particularly evident in the case of the digital twin: while 30% of companies in the DACH region still do without digital twins altogether, the figure is only 5% in China.”
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