Industry 4.0 Drives Productivity — And Profitability — For Manufacturers Full Executive Summary (2020) Please submit the following information to receive your free download.
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By Alec Pendleton Are you facing a hard decision in your business today? Let’s face it, the answer to that is usually “yes”. On any given day, there’s typically something that’s gnawing away at you, something you’re struggling with. To me, the first question to ask is simple: whether or not the decision is really “hard”. That may sound like a silly question, but really, it’s not. The question is whether the decision is hard, or just unpleasant. Over many years, I’ve spent a lot of time building up my ulcers, agonizing over some decision or other. Now, looking [...]
By John R. Brandt Here’s something I bet you didn’t know: The Internet of Things (IoT) isn’t just a digital revolution, but also a magical place in which the ordinary rules of business and finance don’t apply. Don’t believe me? Just ask a bunch of manufacturing executives.[1] First, they’ll tell you that they and their companies aren’t yet ready for the IoT: Only 11% have an IoT process strategy in place, Only 12% have an IoT product strategy in place, and Nearly half (44%) have trouble identifying opportunities to use the IoT in their plants or products Next, [...]
