India, April 15 -- According to the overall assessment of MHP's Industry 4.0 Barometer, the degree of digitalization in industry is increasing worldwide, although no longer as quickly as before. The US and China are further increasing their lead over the DACH region and the UK.

These are two key findings of the Industry 4.0 Barometer, which has been published by management and IT consultancy MHP in conjunction with Ludwig-Maximilians University Munich (LMU). Researchers surveyed 823 people from industrial companies in the US, China, Germany, Austria, Switzerland, and the UK. The study records the spread and maturity level of Industry 4.0 technologies, makes the status quo comparable between countries, and highlights developmental trends ...