In a world of constant technological change, it's essential for Quebec companies to address the issue of technology benchmarking. Local manufacturers are often in the habit of comparing themselves with their Quebec competitors, but is this the best approach?
The case of Industry 4.0
In this article, we'll explore why this strategy could be risky, and how Industry 4.0 and other technologies can help bridge the technology gap.
Technology evolution
Since the adoption of new technologies by Quebec manufacturers, it has become clear that we are lagging behind other parts of the world, particularly Europe and Germany. The first challenge is to recognize the existence of this lag and understand why it persists.
Compare yourself to the world, not just your neighbors
One of the main reasons we're lagging behind is that we compare ourselves primarily to our local neighbors. Rather than focusing on being better than our Quebec competitors, it's time to look at the wider picture. Quebec companies should not be content with a slim local competitive edge, but seek to compete with global rivals.
The impact of new technologies
Technological evolution is constant, with new emerging technologies revolutionizing various sectors. Bold companies are not hesitating to invest in these technologies, reshaping their business models and increasing their competitiveness. Take Uber, for example, which has turned the cab industry on its head with a user-friendly app and transformed ordinary drivers into chauffeurs. Innovation can happen without massive investment.
The risk of reproduction
Quebec companies are exposed to the risk of being copied by foreign competitors with a considerable technological lead. Imagine a German company acquiring a Quebec competitor. With expertise in Industry 4.0, it can quickly adapt processes to take advantage of advanced technologies. For Quebec manufacturers, this means that a local competitor can make up for 10 years' delay in just a few months.
Investing in Innovation
Faced with these challenges, it is crucial for Quebec companies to invest in new technologies and reconsider their working methods to improve productivity. This is the only way to reduce the risks associated with technological backwardness and remain competitive on the world market.
Dare to go international
Quebec industry must stop comparing itself only to its local counterparts, and consider global competition. To avoid the risk of falling behind technologically, companies need to invest in Industry 4.0 and other emerging technologies. This will enable them not only to remain competitive, but also to become major players on the international stage.
If you have any questions about Industry 4.0, machine-to-machine connectivity, robotics or automation, don't hesitate to contact our experts. We can help you adopt these new technologies quickly to ensure your future success.
Photo: iStock
Sources :
Exemple d'Uber révolutionnant l'industrie du taxi
Industry 4.0 : a mandatory transition to increase the competitiveness of companies