Greece an Industry 4.0 outsider

The latest Readiness for the Future of Production Report, published annually by the World Economic Forum, contained some rather alarming news for Greece. The country ranks rock bottom among 100 states around the world in the future orientation of its government, and remains the only Western European economy to be classified as "emerging" in terms of readiness to take part in Industry 4.0.

World-renowned technology strategist Professor Robert A. Burgelman, who is director of the Stanford Executive Program at Stanford University's Graduate School of Business, thinks Greece needs to look smart and catch up with the global pace. The professor, who has been teaching at the Palo Alto campus since 1981, spoke last week at an event in the heart of Athens organized by the Stanford Club of Greece, and shared his vision on how the fourth industrial revolution is impacting our country...