Insights
Industry X.0
By
Pedro Castaño
"Digital Reinvention of the Industry", "transforming the core of R&D, Engineering, Production, Manufacturing and Business", "integrated systems, processes, sensors and new intelligence", "reimangined worker and customer experiences", ...
All of the above are often used when talking about the Industry X.0. But how is Industry X.0 adopted in your business? What is the real value and investment required? What should be the right roadmap to enable disruption while securing operations? Which IT platform should power this reiventation while co-work with legacy IT infrastruture?
A comprehensive Industry X.0 Roadmap usually include a combination of workstreams such us:
Connected Products: new revenue streams based on data, advanced customer services, new digital products...
Connected Operations: Digital twins, Connected workers, Control Tower, Applied Intelligence based operations, ...
Smart Infrastructures: Smart facilities, AGVs, Asset tracking, ...
Connected corporate processes: Robotic Process Automation for HR, Finance and Admin, Blockchain for Smart contracts...
Digital culture and People: Digital skills, Digital learning, ...
Digital Platform: Journey to Cloud, new ERP, AI platorms, ...
Industry X.0 can unlock 3-5% EBITDA with a breakeven investment in 2-3 years. Discovering the potential value in specific day-to-day aspects (e.g. worker and machine activities, productivity, down-time machine, plant schedule, etc), take care definirng the right ambition and roadmap, and being determined moving from ambition to execution, really makes the difference.