The key objective of Industry 4.0 is to develop manufacturing to be faster, more efficient, and customer-centric while pushing beyond automation and optimization to discover new business opportunities and models.
Manufacturing is now happening through intelligent connectivity between machines and technology, enabling manufacturers to make better, faster decisions, optimize production, and save time and money.
Baker Tilly can increase your understanding of how Industry 4.0 can transform your business and improve your competitive advantage. Let's start with gauging your industry 4.0 readiness.
To describe our view on Industry 4.0, we've created the following maturity model that defines five maturity stages a company can be in and key functional areas the manufacturing organizations typically employ.