It is not a flashy marketing catch phrase, it is a reality. INDUSTRY 4.0 , the fourth industrial revolution, is underway.
Emerging from rapid advances in digital technology, this manufacturing transformation is not only disrupting, but also improving the way products are designed, produced, sold, and delivered which is presenting a quantum leap forward in value creation for enterprises of all sizes
What Is Industry 4.0 ?
You’ve heard the term a thousand times, read articles about it , perhaps attended a seminar, or even discussed it with a colleague. However, you are still wondering…what is INDUSTRY 4.0 really?
Industry 4.0 is the term given to the digital transformation of manufacturing technology, processes, methodology and the surrounding ecosystem, Industry 4.0 encompasses software, hardware, data, machinery, devices, humans and the physical infrastructure. The benefit that Industry 4.0 delivers is a highly efficient manufacturing value chain with increased productivity and reduced costs
While there is much awareness and interest in embracing INDUSTRY 4.0, the challenge is knowing where to start, what the roadmap will look like, what expected benefits should be, whom to partner with, and on and on. Understanding those aspects is critical in avoiding investment of time and money in the wrong technologies, preventing deterioration of corporate culture, initiating ill- conceived manufacturing processes, and ultimately suffering failure.
Advisory Services For Transformation To Industry 4.0
Enterprises that approach this digital transformation as an IT project will have limited, short term results and will not establish a sustainable foundation nor reach the goal of an organizational paradigm shift to INDUSTRY 4.0. In addition, established history shows that knowledge transfer between business an IT rarely occurs completely and correctly. However, qualified digital transformation consulting organizations with cross-functional expertise and capability to mesh technology with manufacturing and business operations will guide the transformation to INDUSTRY 4.0 with a successful outcome.
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