3W Framework to align Industry 4.0 for your business

Fourth Industrial Revolution technologies to increase efficiency and productivity, along with environmental stewardship.

Sharing one of the framework proposed for guiding the way to built business to industry alignment.

Background

  • Global manufacturing sector is still lagging behind in its adoption of Industry 4.0 technologies
  • More than 70% of companies are still stuck in “pilot purgatory”
  • Only a select group of leading manufacturers are able to deploy advanced manufacturing at scale, generating new value and customer experiences within the factory or across value chains. 

Industry 4.0 approach your business/industry/domain

  • The digital strategy of the organization should be designed to capture the functional level key ask 
  • While designing any Industry 4.0 solution, organization need to focus on this three “W”
  • Each element of this framework, can be further broken down in terms of business KPIs and technology KPIs

For more inputs/discussion please write us.

7 comments

  1. Fourth industrial revolution Industry 4.0.
    1 TB of production data is created daily by the average factory, but less
    than 1% of that data is actually being analyzed by manufacturers
    I believe AI should be in Data Analysis

    Liked by 1 person

  2. What main challenges have in common is a need to gather increasingly large amounts of data,
    interpret it, and then apply it to the challenges in real time as well as the outcomes that reverberate from them

    Liked by 1 person

  3. Its like you read my mind! You appear to know a lot about this, like you wrote the book in it or something. I think that you could do with some pics to drive the message home a bit, but instead of that, this is fantastic blog. A fantastic read. I will certainly be back.|

    Like

Leave a comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.