SMACT was established on 17 December 2018 as a limited liability consortium that will oversee the Competence Centre of Triveneto to encourage research and business collaboration in “Industria 4.0” technologies. The name of the consortium is the acronym of the 5 technologies it will deal with: Social, Mobile, Analytics, Cloud and Internet of Things

The founders of SMACT are 8 north-east universities (Padova, Verona, Ca’ Foscari, IUAV, Trento, Bolzano, Udine and SISSA in Trieste), two research institutes (National Institute of Nuclear Physics and Fondazione Bruno Kessler), the Chamber of Commerce of Padova and 29 private companies:
ACCA software, Adige, Brovedani Group, CAREL Industries, Corvallis, Danieli & C. Officine Meccaniche, DBA lab, Electrolux Italia, EnginSoft, Eurosystem, Gruppo PAM, Innovation Factory, Intesa Sanpaolo, Keyline, Lean Experience Factory, Microtec, Miriade, Omitech, Optoelettronica Italia, OVS, SAVE, Schneider Electric, TEXA, TFM Automotive & Industry, Thetis, TIM, Umana, Wartsila Italia, Como Next.

The Competence Centre received funding amounting to 7 million euro from the Ministry of economic development to work mainly in 3 areas:
1) orientation services for businesses and SMEs in particular, by providing them with useful instruments to help them assess their digital and technological advancements; 
2) training for businesses, to enhance and disseminate the competences required by Industria 4.0 through formal training, training on the job and real applications;
3) innovation, industrial research and experimental development projects presented by businesses, and provision of technology transfer services within Industria 4.0, including by stimulating innovation within businesses and SMEs in particular.

SMACT will be governed by a Steering committee made up by 7 members, chaired by professor Fabrizio Dughiero, prorector for technology transfer at the University of Padova.
The president of the Supervisory board of the Centre will be Daniele Finocchiaro, who also chairs the Board of Directors of the University of Trento.
On 30 April 2019, after a careful and complex selection procedure, Andrea Tellarini took office as general manager, a position in which he will be responsible for the strategic and operational management of SMACT at its head office at the San Giobbe Economic Campus of Ca' Foscari University of Venice.