Transitioning to IIoT? You can learn from those before you to make your transformation smooth and successful. First of all, you don't need to break the bank right away. Industry 4.0 technology is becoming much more affordable and the transformation doesn't have to happen all at once. By starting small, possibly even just adding sensors to your current machines, you can even out the transition. Another important point is to get feedback from your employees throughout the whole process. Not only will this help you make better decisions about moving forward, those employees may be more open to the changes if they have an outlet to voice their observations!
By taking the time to identify their pain points before implementation, you will be able to strategically target which IoT solutions are of greatest value to your organization.Early stages of this work, where new value concepts and business model change frameworks are built and tested, can benefit from external partnerships that accelerate movement rapidly (especially given that internal resources face dual responsibilities with existing and new business demands.)Read More