In the first of this series of two articles on obstacles to companies adopting digital technologies, we focused on corporate culture, and the internal structural changes required to achieve digital success.
The defining product of the digitalisation of manufacturing activities is data. Companies risk missing out on the opportunity to glean the maximum amount of information from their data and use it to drive their business towards becoming what SAP describe as an 'Intelligent Enterprise', a business whose activities are connected and transparent at every stage, from production to customer service.
Will 2020 be the year that Industry 4.0 finally makes the leap from overhyped buzzword to a truly pervasive force throughout the manufacturing industry? We certainly hope so. Here’s your 2020 checklist for maximising the potential of Industry 4.0 for your manufacturing business.
Upcoming developments such as AI and deep learning, internet of things-enabled equipment and augmented/virtual reality might be revolutionary - but the high cost of entry means they are off limits to most medium manufacturers for now.
How do organisations achieve digital transformation and high levels of automation without neglecting the need to deliver instant profitability? How is it possible to keep employees fully engaged and on-side through the transition to smart technologies?