Disclaimer: The views expressed in this article are those of the author and do not necessarily reflect the views of the Economic Times – ET Edge Insights, its management, or its members

WP7 – Industry 4-page-001

The 4th industrial revolution is transforming every aspect of manufacturing as we know it, representing a quantum leap forwards toward fully connected and flexible systems. The industrial revolutions of yore were epitomized by more tangible drivers – steel, steam engines, assembly lines and integrated circuits. However, what we are witnessing today is an industrial renaissance driven and managed on virtual experience platforms, and through it we can visualize entire industrial ecosystems as never before.

The transformational nature of digital is well documented, allowing us to reimagine the world as we know it. From a manufacturing perspective, that freedom allows us to simultaneously invent, map, model, engineer and manage entirely new environments. Many manufacturers have already incorporated myriad components of a smart factory into their day-to-day operations. However, a truly smart factory necessitates a more holistic approach that embraces the broader ecosystem fully.

The companies that will be at the vanguard of their respective industries tomorrow will be those that full embrace  new-age value networks. Flexibility and agility are a must to succeed in a rapidly evolving world, and to be successful one must break the shackles of the mass production mindset and the static, non-programmable networks,  services and systems built around it. This white paper looks at a changing of the manufacturing guard, demonstrating  how to bridge perceived gaps between the virtual and real worlds of value networks to collaborate, model, optimize and not just perform, but out-perform.

Get your copy of this exclusive report, to fully realize the digital supply network, however, manufacturers likely need to unlock several capabilities

Disclaimer: The views expressed in this article are those of the author and do not necessarily reflect the views of the Economic Times – ET Edge Insights, its management, or its members

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