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
![](https://energysolutionsindia.wordpress.com/wp-content/uploads/2022/02/image-4.png?w=1024)
- 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.
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
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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
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Agree !
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