Rapidly changing technologies are shifting traditional manufacturing towards a Fourth Industrial Revolution (Industry 4.0). The ability to rapidly change with technological advances is vital for manufacturers trying to maintain a competitive edge, but the technology-driven market can be difficult to navigate. Some of the challenges manufacturers face in the transition to Industry 4.0 include:
- IoT: Linking processes and machines through the Internet of Things (IoT) is one of the primary drivers of Industry 4.0, but with this connectivity come additional security concerns. As new technology is implemented, more network security and encryption is required to keep your information safe as cyber crime becomes more frequent and sophisticated.
- Big data: Acquisition of automated data presents another big challenge for Industry 4.0. Data complexity, scalability and transformation are can all be automated on the journey to digital transformation, but with more data available than ever before, big data can be hard to quickly and accurately process in a single run.
- Enterprise resource planning (ERP): With a multitude of tasks to perform, ERP requires a full team for successful implementation. Proper planning, communication, and technical job implementation are essential for any enterprise, and challenges related to infrastructure investments, high costs, compatibility issues and lack of training can lead to the downfall of an ERP solution.
- Product-centric organization: Many manufacturers employ a product-focused model, which can overlook the true needs of their customers. Industry 4.0 challenges manufacturers to shift towards a customer-focused perspective to add value for customers to improve customer retention and acquisition .
- Industrial big data analytics: With distributed data sources and an influx of available data, data management and data analytics are major challenges in the era of big data. Before successfully implementing any Industry 4.0 solution, manufacturers need to perfect processes for sharing, accessing, and integrating data.
- Cyber security: Cyber security is another big challenge for Industry 4.0 as in this networking era enterprises connected to smart networks, but security concerns are still on the bottleneck. Cyber crimes—phishing, hacking, and malware attacks are more frequent and sophisticated.
- Finding the proper road map: Manufacturers are eager to implement a fast-paced, technology-driven approach, but they first need the right road map. From the supply chain to tools on the production floor, Industry 4.0 requires a strategic approach to implementation to truly deliver value for the organization.
Interested in joining the Fourth Industrial Revolution?
We at Reliable Software work to connect your company with the right tools and technologies to address the challenges of Industry 4.0, so you can take advantage of the benefits of technology and automation for manufacturing operations.
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