Growing opportunities in the Internet of Things
July 2019 – Article
CEOs are Talking About APIs, AI and ML
Industry 4.0 is here. Why hasn’t your company adopted it?
Global survey of 361 business executives from organizations in seven industries (aerospace and defense, automotive, chemicals and specialty materials, industrial manufacturing, metals and mining, oil and gas, and power and utilities)
94 percent said that digital transformation is a top strategic objective for their organization.
But only 68 percent see digital transformation as a medium for profitability.
But, 11 percent of R&D budget targeted for digital transformation.
The fourth industrial revolution is here
Are you ready?
Deloitte surveyed 1,600 C-level executives across 19 countries
The Industry 4.0 paradox Executive summary
The global Industry 4.0 market will reach $214B by 2023.
The “Industry 4.0 Technologies Market (Industrial Robotics, 3D Printing, AI, Big Data, Cybersecurity, Cloud Computing, H&V System Integration, Industrial IoT, Sensors, Simulation, VR, AR) – 2018-2023” report forecasts that the global Industry 4.0 market* will reach $214B by 2023.
Five questions for Tobias Richter
What exactly does an Industry 4.0 technician do?
Industry 4.0: Global Digital Operations Study 2018 – PWC
Transition to a Cognitive Supply Chain
Five key areas of the supply chain – Transitioning to a cognitive supply chain.
Six key dimensions to Industry 4.0
13 December 2017
Industry 4.0 – Starting the next industrial revolution in Germany
Combining mechanical and electrical engineering with informatics yields an entirely new way of industrial production called Industry 4.0. The progress made in Germany seems to be the benchmark for the rest of the world.
HfS Blueprint Guide: Industry 4.0 Services
Excerpt for Accenture
Industry 4.0 Framework: The Digital OneManufacturing Organization
Digital OneManufacturing is the abxility to do mass customization at scale so that manufacturing enterprises manufacture for one customer economically and efficiently. This is possible as manufacturing enterprises can achieve a significant increase in cost efficiency, time productivity, and
flexibility, by aligning and integrating their manufacturing processes and technology landscape, which is possible in Industry 4.0 manufacturing environment.
The three pillars of Digital OneManufacturing
Digital Underbelly: 13 major technologies that are shaping Industry 4.0.
include Manufacturing Data Analytics, Robots, Manufacturing Automation, Digital Clone or Simulation, Three-Dimensional (3D) Printing, Manufacturing Internet of Things (IoT), Plant Cybersecurity, Manufacturing on Cloud, Virtual Reality in Manufacturing, Augmented Reality in Manufacturing, Artificial
Intelligence in Manufacturing, Visual Analytics in Manufacturing, and Small Batch Manufacturing.
Scope: These Industry 4.0 technologies can be implemented on the manufacturing shop floor at five levels:
smart component, smart machine, digital factory, connected factories, and Industry 4.0 enterprise.
Intelligent Digital Processes: These processes enable smarter and more intelligent manufacturing. There are described as three functions that are enabled by digital manufacturing processes: analysis, visualization, and control.
Levers of Industry 4.0
The links between the digital underbelly and intelligent digital processes are the following capabilities or levers:
Lean Manufacturing and Resource Management:
The following list of
competitive advantages: a manufacturing firm can expect from the implementation of Industry 4.0:
Manufacturing Process Optimization:
Streamlined Supply Chain:
Improved Inventory Management:
Better Resource Management:
A Strategist’s Guide to Industry 4.0
May 9, 2016 / Summer 2016 / Issue 83
Reinhard Geissbauer, Jesper Vedsø, and Stefan Schrauf, PWC
Updated on 4 August 2019,
17 November 2018