What is Industry 5.0 The concept of Industry 5.0 is relatively new. According to the European Union, Industry 5.0 “provides a vision for industry that goes beyond efficiency and productivity as sole objectives, and strengthens the role and contribution of industry to society.” In addition, says the EU, “it places the welfare of the worker at the center of the production process and uses new technologies to ensure prosperity beyond employment and growth while respecting the production limits of the planet. It complements the Industry 4.0 approach by specifically putting research and innovation at the service of the transition towards a sustainable, human-centred and resilient European industry.” In other words, at its core, Industry 5.0 reflects a shift from a focus on economic value to a focus on social value, and a shift in focus from wellness to wellness. This is not really something new. Calls for a greater focus on social value well-being are as old as capitalism itself, and different approaches have been heard ever since, such as corporate social responsibility and ESG criteria, for example. But putting people and the planet rather than profit and growth at the core of the very definition of the industry is something new. Never before has such a radical approach been seen in reorienting the fundamental objectives of the industry. The emphasis on social value and well-being is part of a development that has gained momentum in recent years in particular.
For over 20 years, HEXA Ingenieros has helped companies around the world realize their performance goals with unique, custom-tailored automated solutions. In the wake of our expansion to St. Louis, Missouri, in 2017, we’re proud to announce that we’ve only grown from strength to strength.