Industry 4.0 Outcome
Industry 4.0 is having an international impact, in terms of connectivity across continents and the way it's transforming our global economies. Deloitte Insights reported that these new technologies helped to create 3.5 million new jobs between 2001 and 2015 in the United Kingdom alone. The characteristics of the German government's Industry 4.0 strategy involve the strong customization of products under the conditions of highly flexible (mass-) production. The required automation technology is improved by the introduction of methods of self-optimization / self-configuration / self-diagnosis/ cognition / intelligent support of workers in their increasingly complex work. These changes are helpful to understand on a wide reaching scale, but how do they impact the individual manufacturer?
Here are five of the biggest and most noteworthy benefits manufacturers can expect from Industry 4.0.
Fourth Industrial Revolution consists of many components including:
- Mobile devices
- Intemet of things (1.0.T) platforms
- Location detection technologies (electronic identification)
- Advanced human machine interfaces
- Authentication and fraud detection
- Smart sensors
- Big analytics and advanced processes
- • Multilevel customer interaction and customer profiling
- Augmented reality/ wearable's
- • On-demand availability of computer system resources
- Data visualization and triggered "live" training
I
- Optimized Processes
All of the industry 4 connectivity-sensors, Automation allows manufacturers to work faster, data analyti exempowers leadership to make data-driven decisions to increase officiency predictive maintenance means less down time for machines and monitoring system provide
time yeld optimization across the operation What prepares improved processes and maximized efficiency actually mean to a manufacturer, In the case of Industry 4.0 and digital transformation, it translates to revenue increases and improved customer service. When manufactuare able to get the most out of their production with sensor monitored machines all while giving personalized attention and fast service to customers via Al and field service they can truly be the benefit at the connected factory
- Greater Asset Utilization
Industry 4 D allows for teater flexibility across the manufacturing operation, which translates to better asset utilization and therefore a potential for revenue increases. Think of automation - sitonomous mobile robots (AVR) can handle menial tast athus product transportation leaving skilled human workers to do more higher value tasks
- Higher Labor Productivity
When employees feel more Secure on the job, they can focus better and accomplish more taske during the day. Worker safety is one of the biggest benefits of 10.T solutions on the manufacturing floor-nors on site and worn by workers are monitored constantly to ensure a safe and healthy work anvironment.
Industry 4.0 is also expanding the skills repertoire of many manufacturing worker As new technologies come into the operation, workers are naming new skills that improve operational efficiency and theirs skill set Think of cobots colaborative robots - pepole and robots warling along side other in manulacturing workflows, exploitin efficiencies and revenues
- Supply Chain and Inventory
O Terables sensors and data anytics Eve manufacturer inilit into the entire supply chain and production process. The level of visbility combined with Aland machine learning capabilities means that supply chain optimization can be achieved in real time. Some are even Calling it Supply Chain 4.0, defined as the application of the Intemet of Things, the use of advanced robotics, and the application of advanced analytics of big data in supply chain management place sensors in everything weare network everywhere, automatything and analyze everything to significantly improve performance and customer satisfaction
- After-Sales Services
The predictive analytics, virtual reality, and remote monitoring that are pillars of Industry
10 also translate to the consumer teater manufacturing while this coesn't directly impact a manufacturer, if they creme goods that are capable of IT consectivity, they can actually improve customer and tied service offerings.
Top notch customer service is a reasonable differentiator for many companies and connected equirentele Prices helping to in prove the levels of customer satisfaction. With connected devices manufacturen can monitor product performance, cheduling maintenance
Before an issue arises and therefore preventing any sort of customer satisfaction
So just how important is customer service? According to the report State of the Connected Customer. 80% of customers say the experience a company
provides is just as important as its products or services the root of Industry 4.0 is connected devices and people, all powered by robust technology solution and data analytics. For companies looking to begin their digital transformation, look no further than the full suite of manufacturing products from Hitachi Solutions. From the I.O.T Service Hub to Dynamics Three sixty five, our products are built specifically for manufacturers looking to stay competitive in their newly digitized industry

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