18 New Factories of the Future Drive Impact in the Fourth Industrial Revolution

Author photo: Chantal Polsonetti
ByChantal Polsonetti
Category:
Company and Product News

The World Economic Forum 2020 welcomed 18 new factories to its Global Lighthouse Network of advanced manufacturers that are showing leadership in applying the technologies of the Fourth Industrial Revolution to drive operational and environmental impact.

Now with 44 factories, the network, established in 2018, serves as a platform to develop, replicate and scale up innovations, creating opportunities for cross-company learning and collaboration and for setting new benchmarks for the global manufacturing community.  The goal of this community is to share and learn from best practices, support new partnerships and help other manufacturers deploy technology, adopt sustainable practices and transform their workforces.  A new white paper, “Global Lighthouse Network: Insights from the Forefront of the Fourth Industrial Revolution” outlines some of the main findings and impacts.

The 18 new factories bring increased diversity to the network, with new countries, including Brazil, Japan and Singapore, as well as new industries, including semiconductors and agricultural equipment.  Almost one-half of the new lighthouses are end-to-end factories, driving value outside the four walls of the factory to effect change throughout their value chains.

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