Are smart factories manufacturing a new industry model? COVID-19 has exposed critical weaknesses for manufacturers and their supply chains. As a result, companies need to redouble their efforts to become more agile, resilient, and responsive to customers. The exposure of these weaknesses has in turn accelerated initiatives that take advantage of Industry 4.0 and IIoT technologies and capabilities. The immediate focus on improving environmental health and safety is transitioning into broader, longer-term initiatives to transform legacy, manual high touch operations into ones that aggressively leverage digital technologies. In a recent EY survey, enhancing health and safety protocols and testing was identified as the top priority for companies today, with over 60% agreeing the current crisis poses an opportunity to transform. The time to innovate is now. EY is helping clients take advantage of this opportunity through our Smart Factory platform. See how this platform can rapidly accelerate your digital adoption in the factory.