Creating a common approach to the digital economy and Industry 4.0

Creating a common approach to the digital economy and Industry 4.0

LONDON, 24 July 2019 – the United Nations Industrial Development Organization (UNIDO) participated in a forum of the Commonwealth Telecommunications Organisation (CTO) to discuss how international organizations can promote the development of the ICT infrastructure and new technologies in order to realize digital economies.

Mr. Bernardo Calzadilla-Sarmiento, UNIDO’s Director of the Department of Trade, Investment and Innovation, highlighted UNIDO’s role and functions in leveraging the potential of Industry 4.0 to meet the sustainable development goals (SDGs). Technical cooperation, developing new norms and standards, and the convening of stakeholders and partnerships to share best practices are ways of enabling this.

“Industry 4.0 is going to bring about far reaching changes and governments must implement best practices to address these important challenges.”

More than a dozen international bodies took part in the forum, including the African Union, ASEAN, the OECD and the World Economic Forum, who all agreed that public-private partnerships are key to combat the existing digital divide, both in terms of infrastructure and technical solutions, which include building capacities and using innovation in ICT.

The International Telecommunication Union further highlighted the need to support the development of and harmonization of international standards, which survey the readiness of enterprises for Industry 4.0.

Photo credits: The Commonwealth Telecommunications Organisation (CTO)

For more information, please contact:

Bernardo Calzadilla-Sarmiento

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