Abstract
A cogent transformation strategy in the paradigm of Industry 4.0 involves a thorough understanding of the present situation and desired future state. Based on a careful investigation of multiple global indicators and academic Industry 4.0 literature, this study proposes a model for evaluating the maturity level of nations. Nine maturity dimensions: Strategy,People and Culture,Product,Technology,Process,Cybersecurity,Governance, Organization, and Sustainability are chosen in the proposed maturity model considering overall socio-economic development as well as sustainability into account. The indicators used for evaluation are standard metrics. Observation shows a direct relationship between a country’s income level and maturity score. The top three performing nations were all from Europe. Europe also did exceptionally well in the sustainability dimension. On a sub-dimension basis, low maturity has been observed in Research and Development and Quality. The analysis demonstrates Africa’s low maturity across the board. In each category, more than 50% of the economies perform worse than average. Only 50 countries out of 122 performed better than the global average of 44.48, with Switzerland scoring the highest at 69.75. India scored 44.48 and ranked 48th as the top performer in the lower-middle-income group.
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