Who Is Industry 4.0 Right For?
How do you know when or if your business should invest in Industry 4.0?
If you’re able to check off most of the items on this list, it’s probably safe to start evaluating Industry 4.0 technology and solution providers and allocating the resources needed for deployment:
You’re in a particularly competitive industry with a lot of tech-savvy players
You’re having a hard time recruiting to fill vacant jobs at your organization
You want better visibility across your supply chain
You want to identify and address issues before they become bigger problems
You want to boost efficiency and profitability across your entire organization
You want everyone on your team to have informed, up-to-date, relevant views of production and business processes
You want richer and more timely analytics
You need help digitizing and making sense of information
You want to improve customer satisfaction and customer experience
You want to improve product quality or keep product quality intact
You want a more integrated enterprise resource planning system that spans not only inventory and planning, but also financials, customer relationships, supply chain management, and manufacturing execution
You want a consistent and flexible view of production and business operations tailored to specific areas or users in your organization
You want real-time insights that help you make better, faster decisions about your business each day