US manufacturers recognize the potential of new digital industrial technologies to create value, but they have yet to fully appreciate the scope and magnitude of the opportunity or find the path to success.
Companies must set ambitious goals and capture value rapidly over the course of a multiyear transformation. The winners will approach the race to Industry 4.0 as a series of sprints but manage their program as a marathon.
This presentation reviews the key benefits to Industry 4.0 technology and outlines 6 steps companies can take to unlock revenue growth and reduce costs.
1. Create a cross-functional innovation team.
2. Gain experience in how Industry 4.0 works.
3. Define a plan for Digital Transformation.
4. Develop and execute lighthouse projects.
5. Use battle-tested techniques to manage the Transformation.
This framework is designed for US manufacturing companies yet to fully take advantage of Industry 4.0 technology. Additional content includes an outline of what is Industry 4.0, several case studies of businesses that have successfully implemented Industry 4.0 and four imperatives to ensure success.
This PPT delves into the nine technology drivers that underpin Industry 4.0, providing a comprehensive overview of each. From cybersecurity to cloud computing, it highlights the critical areas that companies must focus on to stay ahead in the digital transformation race. The content is tailored to help organizations understand and implement these technologies effectively, ensuring they are well-prepared for the future.
The presentation also includes detailed case studies showcasing real-world applications and benefits of Industry 4.0 technologies. These examples illustrate how leading companies have successfully reduced costs, improved product quality, and streamlined processes. This document is an essential resource for executives looking to drive significant value from their Industry 4.0 initiatives.
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Source: Best Practices in Fourth Industrial Revolution, Manufacturing, Industry 4.0 PowerPoint Slides: Industry 4.0 Transformation PowerPoint (PPT) Presentation Slide Deck, LearnPPT Consulting
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