Sat. Mar 2nd, 2024

Despite the latest trends towards Industry 4.0 and growing digitization, 68% of this type of Spanish company still has this point pending. Which means that 130,000 companies, most with less than 10 employees, will need to make a technological leap to turn digital transformation into a competitive tool. This is extracted from the report Industry 4.0: Towards a new industrial reality by EAE Business School, which highlights that industry 4.0 in the Spanish economy represents 15.3% of GDP. “With industry 4.0, the social paradigm begins to change due to the combination of the user’s work factor, since we put the user at the center, we force him to be part of the production to reduce the cost of the system,” says Pilar Navarro, professor of EAE Business School and co-author of the report.

Digitization and Industry 4.0

The main technologies associated with industry 4.0 are big data, artificial intelligence, augmented reality, 3D and all the tools to empower an increasingly personal and individual user.

68% of Spanish industrial companies have their digitization pending

A fundamental pillar of development is associated with the implementation of sustainability and all the international guidelines agreed in the 2030 Agenda, the 2050 Agenda and the Fit for 55. Industry 4.0 takes these objectives into account and promotes low consumption systems, or CO2 capture and optimization of energy costs. This sector employs 2 million people and with a turnover of 600,000 MEUR. The potential market of companies in Spain actively involved in digital transformation and innovation in Industry 4.0 will exceed 2,100 MEUR in 2022, reaching the European average in key areas such as IoT, robotics, cloud or big data.

By Alvaro Rivers

Award-winning student. Incurable social media fanatic. Music scholar. Beer maven. Writer.