This report by the AiGroup outlines the state of business digitilisation as more and more businesses participate in the Fourth Industrial Revolution or Industry 4.0.
Australian businesses are currently transitioning to and within the Fourth Industrial Revolution (or Industry 4.0). It is fair to say that substantial progress in embracing Industry 4.0 has so far been confined to leading local and multinational firms. These companies are punching above their weight, doing amazing things with new technology and leading the way for others. The gap between these leaders and the majority for businesses is substantial.
This report assesses progress on digitalisation and changes in the underlying technological landscape; highlighting vase studies from leading innovators; and sets out key policy priorities for work by government and businesses.