Industry 5.0 complements and extends upon the current 4th industrial revolution and STEM focus by specifically placing research and innovation at the service of the transition to a sustainable, human-centric and resilient Australian industry.
Research and innovation and the associated cross-functional skills required are fundamental to, and supported by, Statistics, Systems thinking, Sustainability and STEM skills… the focus of this initiative.
“Industry 5.0 complements the existing Industry 4.0 paradigm by highlighting research and innovation as drivers for a transition to a sustainable, human-centric and resilient European industry. It moves focus from shareholder to stakeholder value, with benefits for all concerned. Industry 5.0 attempts to capture the value of new technologies, providing prosperity beyond jobs and growth, while respecting planetary boundaries, and placing the wellbeing of the industry worker at the centre of the production process.”– European Commission, Directorate-General for Research and Innovation, Breque, M., De Nul, L., Petridis, A., Industry 5.0 : towards a sustainable, human-centric and resilient European industry, Publications Office, 2021, https://data.europa.eu/doi/10.2777/308407