The Smart Industry Readiness Index (SIRI) Assessment is a comprehensive evaluation framework designed to help manufacturing companies assess their readiness, maturity, and capabilities in adopting Industry 4.0 technologies and practices. Developed by the Singapore Economic Development Board (EDB) in collaboration with global industry experts, SIRI provides a structured, data-driven approach for manufacturers to evaluate, plan, and implement their digital transformation strategies. It serves as a benchmarking tool, allowing companies to measure their current state against industry best practices and identify key areas for improvement.
SIRI Assessment is essential for any organization operating within the manufacturing and industrial sectors that seeks to improve its digital capabilities, optimize processes, and remain competitive in the era of Industry 4.0. Companies of all sizes, from small and medium enterprises (SMEs) to multinational corporations (MNCs), can benefit from undergoing a SIRI Assessment.
Cost effective roadmap: SMEs often have limited budgets and resources; SIRI helps them focus on high impact digital initiatives.
Enables businesses to remain competitive in the global market by adopting smart manufacturing practices
Supports economic development agencies in promoting smart manufacturing across industries
Ensures that solutions align with industry needs, maximizing the impact of digital transformation initiatives..
The Smart Industry Readiness Index (SIRI) Assessment is a framework designed to help manufacturers assess their readiness, maturity, and capability in adopting Industry 4.0 technologies and processes.
The assessment is ideal for manufacturers of all sizes, from small and medium enterprises (SMEs) to large multinational corporations (MNCs), as well as government agencies and industry policymakers who want to support industrial transformation.
SIRI evaluates companies based on three fundamental building blocks:
- Process: Operational processes and efficiency
- Technology: Smart automation, IoT, AI, and digital infrastructure
- Organization: Workforce capability, leadership, and digital culture
The assessment typically takes 1-2 days, including a pre-assessment survey, on-site evaluation by a Certified SIRI Assessor (CSA), and a post-assessment debrief with recommendations.
- Identifies strengths and weaknesses in your Industry 4.0 readiness
- Provides a benchmark against competitors and industry standards
- Helps develop a step-by-step roadmap for digital transformation
- Guides resource allocation and investment decisions for Industry 4.0 initiatives.
SIRI assesses 16 key areas under three categories:
- Process: Operations, Supply Chain, Product Lifecycle
- Technology: Automation, Connectivity, Intelligence
- Organization: Workforce, Leadership, Strategy, Collaboration
SIRI is unique because it provides a standardized, globally recognized framework designed specifically for manufacturers. Unlike generic digital transformation assessments, SIRI offers granular insights into manufacturing processes, making it highly actionable.
- Prioritize investments in digital transformation areas with the most impact
- Develop a stepwise roadmap for Industry 4.0 implementation
- Monitor progress over time by conducting periodic SIRI assessments
- Use benchmarking data to compare performance with industry leaders
No, the assessment framework remains the same. However, the recommendations and action plans will vary depending on the size, industry, and existing digital maturity of the company.