The shop floors and boardrooms of the future will host a blended workforce. Humans and intelligent machines, jointly delivering outcome-based value that neither could produce alone. The result will be different, more skilled jobs.
Start upskilling your existing workforce and recruiting new skills. Explore such digital workforce models as crowd sourcing. And focus on your line managers, as they will be key to developing the change agents of the future
Data-driven “living" products are the core of Industry X.0.
These products are equipped with sensors, controlled by software and connected to the Internet. They collect all kinds of valuable data, analyze it, and share the results with other connected products and devices.
Companies need to adopt digitally empowered R&D processes and thus a new, digitized Product Lifecycle Management approach. In fact, a strong, digital PLM strategy must be the starting point for product development in the emerging era of data-driven living products that allow for responsive and hyper-personalized user experiences. That means digitizing PLM, end to end, right across the enterprise.
The amount of data globally is doubling every two years. Data analytics can help industrial companies derive smart and actionable insights from this wealth of unfiltered information.
Enriching the huge amounts of unleveraged legacy data will drive significant value in five main areas:
1. Customer experience
2. Product performance
3. Workforce efficiency
4. Operational efficiency
5. Portfolio optimization of new products and services
In a data-driven industrial world every industrial business needs to be part of an ecosystem, and some require platforms too. In fact the combination of an ecosystem and a platform can turn a business into an engine of innovation and growth.
Two-thirds of recent outperformers say they encourage employees to proactively build relationships with external stakeholders. And most manufacturing enterprises are starting to use both ecosystems and platforms as growth engines. As this disruptive change accelerates it will redefine the rules of competitiveness.
With this inspiring book, Eric Schaeffer demonstrates the monumental impact that the Industrial Internet of Things has on the industrial sectors, and clearly shows how this can be harnessed for major competitive advantage, profit and growth.
Executive Vice President
Digital Services Transformation, Schneider Electric
The steady drumbeat of digital disruption has come to manufacturing in a way unequalled for decades. But where do you start? It’s one thing to know you will be disrupted, and another to join the disruption and outpace your attempted replacement. That’s where INDUSTRY X.0: REALIZING DIGITAL VALUE IN INDUSTRIAL SECTORS comes in—more than a warning shot, it’s a prescription—and a medicine every industrial leader should take. A must-read.
Chairman and CEO, Object Management Group
Executive Director, Industrial Internet Consortium
INDUSTRY X.0 comes at an opportune time, as science and technology unleash disruptive change across all fronts. It reveals how seismic shifts in industrial sectors will significantly improve customer outcomes. It is a practical how-to advice for companies to stay relevant in the new age of the Industrial Internet of Things. A thought-provoking book—meticulously researched and clearly explained.
Digital Transformation Initiative, World Economic Forum