Industry 4.0 is the fourth industrial revolution, driven by new, transformative technologies such as automation and digitization.
Industry 4.0 - the ongoing automation and digitization of supply chains - is transforming how businesses operate worldwide. The Gold Coast can build on its Industry 4.0 strengths to access new markets, improve business productivity and drive international competitiveness and trade.
As part of the Gold Coast’s commitment to diversify and strengthen our region’s economy and create high-value, knowledge-based jobs, the recently commissioned Gold Coast Industry 4.0 Business and Investment Project has identified the current capability of the Gold Coast’s Industry 4.0 sector, its economic value, its projected growth and the supply chain opportunities that will enable the sector to continue to grow.
The Project Partners have a shared vision and alignment to identify the forecasted growth of this industry and showcase capabilities, develop regional supply chains, and support investment attraction.