Overview

Industry 4.0 is a journey toward a portfolio of products and services that are innovative and data-driven. Brazil, the largest economy in Latin America with the seventh largest GDP in the world, has begun to take steps toward Industry 4.0. Brazil is well-known for its oil, gas, mining, and agriculture-based economy, and is increasingly shifting toward the age when the digital and the physical will intertwine.

Some of Brazil’s major companies have come together to promote the full use of technological resources available to increase Brazil’s adoption and position in preparation for the global embrace of Industry 4.0. The purpose of this paper is to highlight the potential of Industry 4.0 for Brazil and what steps the country can take to achieve the huge efficiency gains of smart connected networks, automated processes, and digitalization over the next five years.