Industry XO

STRATEGY & CONSULTANCY

Industry 1.0, 2.0, 3.0, 4.0—what's next?

Stop playing catch-up and start applying digital at the core of your business to reinvent for a new era of industry.

Today’s world runs on rapid, exponential and, above all, perpetual change. The solution is not another industrial revolution, but a wholesale digital transformation in both the things we make and the way we make them. This is the New. This is Industry X.0. Our end-to-end framework and cross-functional breadth of research and resources allow you to operationalize digital innovation across your business at every stage of product and service development. Using new technologies like IIoT, analytics, AI, robotics, 3D printing and digital twin, you’ll unlock new revenue and work with customers, employees and partners on a whole new level. Through Industry X.0, we can help you not only adapt to change but also embrace it as a way to win in the New.

Industry 4.0 Drivers

What all these components have in common, is that Data and Analytics are their core capabilities. “Industry 4.0” is driven by the following:

01
Digitization and integration of vertical and horizontal value chains
02
Digitization of product and service offerings
03
Digital business models and customer access


Digitization and integration of vertical and horizontal value chains

Vertically, Industry 4.0 integrates processes across the entire organization for example processes in product development, manufacturing, logistics and service whereas horizontally, Industry 4.0 includes internal operations from suppliers to customers plus all key value chain partners


Digitization of product and service offerings

Integrating new methods of data collection and analysis for example through the expansion of existing products or creation of new digitised products, helps companies to generate data on product use and thus, to refine products in order to meet best the customers’ needs




Digital business models and customer access

Reaching customer satisfaction is a multi-stage, never-ending process that needs to be modified currently as customers’ needs change all the time. Therefore, companies expand their offerings by establishing disruptive digital business models to provide their customers digital solutions that meet their needs best

What is Industry 4.0?


What is Industry 4.0?“Industry 4.0” is an abstract and complex term consisting of many components when looking closely into our society and current digital trends. To understand how extensive these components are, here are some contributing digital technologies as examples:

Mobile devices

Internet of Things (IoT) platforms

Location detection technologies

Advanced human-machine interfaces

Authentication and fraud detection

3D printing

Smart sensors

Big data analytics and advanced algorithms

Mainly these technologies can be summarized into four major components, defining the term “Industry 4.0” or “smart factory”:

Cyber-physical systems

IoT

Cloud computing

Cognitive computing

Multilevel customer interaction and customer profiling

Augmented reality/ wearables

Fog, Edge and Cloud computing

Data visualization and triggered “real-time” training