August 3, 2019

Industry 4.0 Top Consultants Reports, Opinions, Thoughts and Views



2019

Growing opportunities in the Internet of Things
July 2019 - Article
https://www.mckinsey.com/industries/private-equity-and-principal-investors/our-insights/growing-opportunities-in-the-internet-of-things

CEOs are Talking About APIs, AI and ML
June 2019
https://www.forbes.com/sites/joemckendrick/2019/07/30/ceos-are-talking-about-apis-and-other-signs-the-world-is-turned-upside-down/

2018



Industry 4.0 is here. Why hasn’t your company adopted it?
ANDY DAECHER
Deloitte
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.
https://www.deloittedigital.com/us/en/blog-list/2018/industry-4-0-is-here--why-hasn-t-your-company-adopted-it.html


The fourth industrial revolution is here
Are you ready?
Deloitte
Deloitte surveyed 1,600 C-level executives across 19 countries
https://www2.deloitte.com/nl/nl/pages/consumer-industrial-products/articles/industry-4-0-readiness-report-2018.html


The Industry 4.0 paradox Executive summary
https://www2.deloitte.com/insights/us/en/focus/industry-4-0/challenges-on-path-to-digital-transformation/summary.html


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.
https://www.prnewswire.com/news-releases/the-global-industry-40-market-will-reach-214b-by-2023-300609800.html

Five questions for Tobias Richter
What exactly does an Industry 4.0 technician do?
https://www.bosch.com/explore-and-experience/industry-4-0-consultant/

Industry 4.0: Global Digital Operations Study 2018 - PWC
https://www.pwc.com/gx/en/industries/industry-4-0.html



Transition to a Cognitive Supply Chain

Five key areas of the supply chain - Transitioning to a cognitive supply chain.
https://www.tcs.com/blogs/building-a-cognitive-supply-chain-for-industry-4-0




2017

How Intelligent Machines will transform everything
Markus Lorenz
BCG
TED@BCG

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Six key dimensions to Industry 4.0
13 December 2017
https://home.kpmg.com/uk/en/home/insights/2017/12/six-dimensions-to-industry-4-0.html

Industry 4.0 – Starting the next industrial revolution in Germany
13.12.2017

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.
https://home.kpmg.com/de/en/home/insights/2017/12/industry-4-0-industrial-revolution-in-germany.html


HfS Blueprint Guide: Industry 4.0 Services

Excerpt for Accenture
April 2017


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:

Cyber-Physical System:
Smart Machines:
Data Flow:
Mass Customization:
Virtual Manufacturing:
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:
End-User-Centric Manufacturing:
https://www.accenture.com/t20180625T094010Z__w__/us-en/_acnmedia/PDF-52/Accenture-Industry-4-Excerpt-for-Accenture-Report.pdf


2016

A Strategist’s Guide to Industry 4.0
strategy+business:
May 9, 2016 / Summer 2016 / Issue 83
Reinhard Geissbauer, Jesper Vedsø, and Stefan Schrauf, PWC


Updated on 4 August 2019,
17 November 2018


2 comments:

  1. TheIOT data analyticsof the future will provide real-time data analytics. This means that there will not be a lot of data analysis and then decisions will be made. Instead, data analytics will provide data to businesses in real time. This is important because it means that companies will be able to respond to changing situations in real time to stay competitive.

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