Industrial organizations need help defining the roadmap for digital transformation and choosing between readiness models offered by academic bodies or provided by manufacturing companies. This study aims to test a model that represents both parties' viewpoints, to provide a better understanding of Industry 4.0 readiness. A case study of an industrial company was used to make the research plan, conduct interviews with specialists, clarify the dimensions and criteria of the chosen model, and discuss areas for improvement by identifying current gaps. A literature review on the significance of measuring readiness and preparedness for industrial organizations that want to assess their current situation, identify their future goals, and improve their production processes through digitization techniques serves as the study's main source of inspiration. The study focuses on the scope of an industrial company, assessing its condition, and identifying the gap. The ideas of Industry 4.0 design, its significance, and the means of measuring and implementing it in industrial organizations are all subject to further research, which deals with the concept of the Fourth Industrial Revolution and its dimensions, which are represented in three types of integrations. It sheds light on the readiness assessment and distinguishes between it and maturity measures. A common point of view and the study motivate industrial organizations to adopt a clear road map to achieve their goals.