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Global Smart Industry Readiness Index Initiative

The Smart Industry Readiness Index

The Smart Industry Readiness Index (SIRI) was created in partnership with a network of leading technology companies, consultancy firms, and industry and academic experts. SIRI comprises a suite of frameworks and tools to help manufacturers – regardless of size and industry – start, scale, and sustain their manufacturing transformation journeys. SIRI covers the three core elements of Industry 4.0: Process, Technology, and Organization.

Today, SIRI has been adopted internationally by both multinational corporations (MNCs) and small, medium enterprises (SMEs), with over 350 companies from more than 15 different countries having completed the Official SIRI Assessment (OSA).

The Global SIRI Initiative

The Forum, together with the Singapore Economic Development Board (EDB) and key industry partners, will accelerate deployment and adoption of SIRI as the internationally recognized standard for Industry 4.0 benchmarking and transformation. The goal is to catalyze the adoption of Industry 4.0 methodologies and technologies across the global manufacturing community, and provide quantitative indicators for international benchmarking. The initiative aims to mobilize over 1,000 companies to undertake the Official SIRI Assessment (OSA) by the end of 2021. By taking the OSA, companies will be able to: 

A. Characterize the current state of their manufacturing plants/factories 

B. Identify high-impact areas for improvement

C. Benchmark against industry peers 

Findings from these OSAs will culminate in a whitepaper which will be published ahead of the World Economic Forum Annual Meeting 2022. This will provide new insights on global developments and progress around Industry 4.0 transformation of the manufacturing sector.

To learn more and be part of this global initiative, please visit the SIRI website or contact the Program Leads: 

1. Ben Ong (ben.ong@weforum.org)

2. Federico Torti (federico.torti@weforum.org)

3. Jackie Tan (jackie.tan@weforum.org)

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