Industry 4.0 will now need a more specialized workforce
Although most manufacturing companies in the world already use data analytics, they rarely use its full potential. One of the reasons is the lack of competences.
Only 16 percent. Manufacturing executives said in a recent study by the Boston Consulting Group that their company gets tangible value from advanced data science. It is true that 81 percent. out of 1,700 surveyed managers already use such solutions in companies, but usually on a small scale
The most difficult challenge of the fourth industrial revolution is teaching people the right competencies; companies that have them have a significant advantage – assesses Joachim Hensch, former boss of Hugo Boss. – You can’t create proper modeling or advanced artificial intelligence if we don’t have good data. However, someone has to arrange them in the company and manage them well – adds prof. Murat Gunal from the University of Lancaster.
6 investors and founders spotlight SaaS, B2B and medtech as Wroclaw’s hot startup sectors
London and Berlin usually top the lists of European startup hubs, but Central and Eastern European countries like the Czech Republic, Estonia, Croatia and Poland have claimed a growing portion of the startup pie in the past few years. Looking at Poland in particular, Krakow and Warsaw have blossomed into fertile grounds for entrepreneurs to grow and nurture companies, but they’re not alone.
One of Poland’s oldest and most picturesque cities, Wrocław is an up-and-coming contender in the startup space, thanks mostly to its academic history and its proximity to Prague, Berlin and Warsaw. This city of 1.2 million people has a large student population that provides ready talent for the city’s startups. Indeed, since the beginning of the 20th century, this small city has been home to nine Nobel laureates.