How to Transition to Industry 4.0

By:  |  Category: Blog, Cloud Thursday, August 23rd, 2018  |  No Comments
Industry 4.0

Maybe you’ve heard the chatter in the tech realm?  The fourth industrial revolution, or Industry 4.0, is upon us. But how do you prepare for the next wave of technology as you are just beginning to acclimate to Industry 3.0?

What is Industry 4.0?

Let’s  start with a brief history…Industry 1.0 (the Industrial revolution) was defined by the replacement of human labor with water and steam power; Industry 2.0 was defined by electric power; Industry 3.0 by the introduction of computers; and Industry 4.0 by the introduction of IoT-connected devices (including and enabling automation, cloud computing, cognitive computing and artificial intelligence).

So how can businesses make the transition and grab a share of the projected multitrillion-dollar gains from the Industrial Internet of Things (IIoT)?

Embrace the Change

  • Accurately evaluate the strengths and weaknesses of your business in the digital revolution.
  • Research market trends, talk to third parties and do an infrastructure evaluation to determine which systems will be needed to make the transition. Use big data to find pain points in your organization and figure out how to eradicate them.
  • Analyze customer needs and consider how your business can improve product customization, flexibility and speed.
  • A clear business plan and strategy will be the key to getting support and securing the necessary budget. Manufacturers should not look at IT as a cost center, but rather a profit center that can enhance efficiencies and boost productivity.

Get the Team and Tools You Need

  • Success in the new environment may require new skills and new employees, such as digital innovation managers and user-interface designers.
  • It also requires committed leadership, such as an executive in charge of digital transformation or a group that manages the integration of new products, platforms and services. Without the right leadership, your reform efforts may be stymied.
  • It is also important to build an infrastructure that will facilitate the changes, incorporating new technologies and methods, including potentially new digital tools such as Oracle’s IoT Cloud, which allows for the development of ‘intelligent’ supply chains.

Find the right partners

  • Enlist the support of third-party suppliers in your internal revolution by sourcing the necessary systems, technology and hardware suppliers. EnhancedTECh can help you find the right partners with the right solutions for your business.
  • Consider using Microsoft Azure, a cloud service for building, deploying, and managing intelligent applications through a global network of datacenters.

Prepare to fail

  • Rome wasn’t built in a day, and neither was the Fourth Industrial Revolution. Be prepared for hiccups along the way, even failures, by planning accordingly and being flexible enough to respond to changes.
  • Ultimately, the path towards Industry 4.0 will be different for every manufacturer, since not all have the resources to jump headfirst into the future. The long-term productivity and global competitiveness of manufacturing is dependent on its successful transition to the Fourth Industrial Revolution, according to analysts. However, even in this transition the future needs to be considered.

For manufacturers, transitioning to the Industry 4.0 revolution might not be easy, but it’s not a matter of choice for businesses that wish to remain competitive in the global market.

If you need assistance with cloud services give EnhancedTECH a call at 714-970-9330 or contact us at [email protected]

Leave a Comment
Read previous post:
threat actors
Don’t Fall Victim to Threat Actors-How to Avoid a Data Breach

Below is an article from one of our EnhancedTECH security engineers on data breaches. This guy is daily in the...