Smart Industry Readiness Index

What is the Smart Industry Readiness Index (SIRI)?

 

The Smart Industry Readiness Index (SIRI) was created by the Singapore Economic Development Board (EDB) in partnership with a network of leading technology companies, consultancy firms, and industry and academic experts. It is supported by the World Economic Forum (WEF) as a global initiative to help companies decide how and where to apply Industry 4.0 to maximise benefits. SIRI comprises of a suite of frameworks and tools to help manufacturers regardless of size and industry to start, scale, and sustain their manufacturing transformation journeys.

 

IMR has the first 3 Certified SIRI Assessors (CSA) in Ireland. CSAs have the requisite knowledge and skills, beyond a simplistic understanding of the SIRI framework and tools, to credibly conduct an Official SIRI Assessment.

 

 

Why is the Smart Industry Readiness Index Important?

 

Designed to support manufacturers throughout their transformation journey and enabling them to realise their potential, the goal of SIRI is to help companies identify focus areas of transformation that will generate the greatest value to companies.

 

SIRI examines the three core areas of Industry 4.0: Process, Technology, and Organisation. It aims to equip companies with practical knowledge:

 

  • What Industry 4.0 is and the tangible benefits it could yield.
  • The Maturity levels of their organisations and facilities.
  • How they can improve in a targeted and incremental manner.

 

SIRI then utilises frameworks such as the TIER framework below that analyses the results of a maturity assessment and then combines this with other information to ensure that the focus areas identified will be the most impactful. This means aligning your improvement roadmap plans to your company costs and revenue figures and your key KPIs for maximum.

TIER Framework

How can IMR help?

 

IMRs Certified SIRI Assessors will guide you through the assessment and results, focusing on the following:

 

  • SIRI assessment will enable companies to characterise in a standardised format across key pillars to assess their current level of maturity.
  • It identifies high-impact areas for improvement and a targeted roadmap to be generated.
  • Allows benchmarking against industry peers and a proprietary global manufacturing community.

 

 

Why SIRI can help?

 

SIRI is of vital importance as it brings together the Industry 4 development plans across the various areas of your organisation such as Process, Technology, and Organisation and combines them with key business information such as costs, KPIs, and planning horizons to identify high impact areas for improvement. This significantly increases the impact that Industry 4.0 implementation plans.

 

 

Next Steps

 

IMR can bring you through the journey of this powerful framework, How it works and Why this business-led approach is delivering superior results to the more typical technology-led approach.

Contact IMR to find out more

Certified SIRI Assessors

 

Dr Fergus Quilligan
Dr Fergus Quilligan
Director of Analytics
siri@imr.ie

Dr Niall Aughney
Dr Niall Aughney
Director of IIoT & Industry 4.0
siri@imr.ie

Adrian Hovenden
Adrian Hovenden
Business Development
siri@imr.ie

 

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