Mention the term Industry 4.0 to a manufacturing executive and you may receive a skeptical response about marketing hype. Others may express concern about where to begin and the costs of failure in a long-term commitment to digital transformation. More than ever, today’s executives are under pressure from stakeholders to bring these capabilities to the organization quickly.
Our conversations with clients reveal that the path to digital transformation in manufacturing begins with a cultural commitment to reexamining your business and considering new frontiers. What tactical improvements will set the stage for fast response processes, customer centricity, and new product innovations in a rapid Go Live scenario? Are the technology buzzwords of Industry 4.0 still merely conceptual or are they readily available today, such as?
- The rise of big data and its contributions to artificial intelligence
- Human-machine interactions and augmented reality technology
- Advanced analytics and the drive for customer centricity
- Rapid digital to physical transfer of materials using 3D printing
In the next five years, many of these capabilities will become available and affordable allowing your competitors to enhance their profitability and customer offerings more rapidly. If your company is running in neutral, the cost of playing catch up may cost you customers and long-term sustainability.
How do we assist our clients to overcome these challenges?
Our clients use NetSuite to set the foundational infrastructure unifying operational processes, leveraging powerful analytics, and enabling open connectivity to the manufacturing tools of the future. Some of them have been able to Go Live and provide value to all stakeholders in 100 days.
Contact us today and find out why NetSuite is the deepest cloud-based ERP that embraces the uniqueness of businesses worldwide with a configurable platform. Click the link below and learn more how NetSuite will help you embrace the technology tools of Industry 4.0 and connect with your long-term strategical goals.
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