Industry 4.0 and the Internet of Things (IoT)
Industry 4.0 and IoT are key elements of the digital revolution
Digitalization is advancing at a rapid pace, and innovative pioneers are successfully defining and implementing digital agendas.
What could only be imagined a few years ago can now be seen in new disruptive business models that are redefining entire industries. Organisations now face the reality that the technological revolution can no longer be stopped.
Combining our business and industry insights as well as our technology expertise, we have developed a holistic view of the potential of Industry 4.0 and the IoT through several client projects. Together with our partners GE Digital, Siemens, SAP, Salesforce and Microsoft, we provide business consultancy and solutions around two main megatrends, Digital Twin of the Product and Digital Twin of the Process. We support clients on their digital journey.
To master the challenges of Industry 4.0 and IoT requires orchestration across the value chain to gain the enormous optimization and business potential – product visioning, product management, product sales, manufacturing & assembly up to digital services and service management. We have expertise and assets that can accelerate your business in each of the four pillars of the value chain.
By harnessing Big Data, your organization can remotely monitor all of your assets, and through Industry 4.0 and IoT, enable holistic value chain analytics. You can optimize production processes, reduce downtime and offer XaaS services for your clients. IoT enables automation as never before, with machines making split-second decisions based on real-time data. Industry 4.0 gives you not just smart factories, but also tremendous data to facilitate decision making in product management and product engineering.
We see the following opportunities to enable your success:
Visit our IoT and Industry 4.0 Labs in Berlin, Munich and Paris to talk with us about this Hot Topic, or contact us to find out more today.
NB IoT is a new cellular standard for low-power wide-area (LPWA) managed M2M (machine to machine) networks. According to analysts - by 2021, this standard will be used by 45 of the world’s largest MNOs. Standard creation was driven by 3rd Generation Partnership Project (3GPP).
CEOs and Boards of Directors across the globe are struggling to understand how digitalization, the process of becoming a digital business, can be leveraged to achieve the growth they are seeking. However many of these same leaders are focusing primarily on operational efficiency and wonder why they are not seeing the growth results they desire. European business leaders must understand that expanding and diversifying their business model portfolio plays a significant role in realizing growth. In this report, we explain how to deliver on ambitious growth goals by business model innovation and how to move towards the new value-creative asset-light with a blended business model.
Emmi partnered with BearingPoint to implement a group-wide SAP as ERP system. By interfacing directly to the manufacturing execution system, Emmi is now able to communicate information in real-time and control all its processes with maximum effectiveness.