ShareIndustry 4.0 belongs on the CEO agenda
In a traditional business model, the manufacturer’s machines are self-contained. Software is used to automate individual machines, but the machines themselves are not connected. In a digital business model, all processes – including sales, production planning, production control, material planning, and service – are automated and linked to each other as well as to the customer. It’s a win-win situation: the customer benefits from a high amount of transparency and real-time information, and the manufacturer can optimize and change processes with ease. What’s more, automated processes lead to higher efficiency. Find out the three key reasons by Volkmar Koch, Partner at Strategy&, why the Industry 4.0 belongs on the CEO Agenda, in the Bosch ConnectedWorld Blog:
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