How Digital Business Transformations Are Driving Industry 4.0
Technology has been playing a continuously growing role in business transformation solutions Manchester and the latest industrial revolution that is upon us. While most people still think about big factories or smoky chimneys when they hear the words “industrial revolution”, in reality, industry has gone through multiple revolutions recently with the advent of progressing technology.
In this blog post, we’ll be looking at the latest industrial revolution upon us and how digital business transformation solutions Manchester have been at the centre of this technological change.
What is Industry 4.0?
You might be asking yourself what industry 4.0 is exactly, as the term hasn’t isn’t quite in the public consciousness just yet. It’s a term used to define the combination of traditional manufacturing and industry practices with technological advancements, revolutionising the manufacturing and industrial practices as we know them.
Terms like “smart factory” are starting to be used when talking about how technologies like advanced analytics, machine learning and cloud computing will influence production processes and business transformation solutions Manchester.
Why is Industry 4.0 an Industrial Revolution?
The term “industry 4.0” was used because it’s considered the fourth upcoming industrial revolution. The first industrial revolution moved us from farms to factories, the second introduced steel and mass production, and the third revolution was the early digitisation that happened between the 1950s and 1970s.
With this latest upcoming revolution, big data and the internet of things are set to revolutionise analytics wholly, communications infrastructure and the services companies will be able to offer to customers.
Digital Investments Provide Real Returns
Now it’s only apt to bring business transformation solutions Manchester to your company alongside this latest industrial revolution. PWC recently noted that out of 2,000 manufacturers, 86% are expecting to see cost reductions and revenue gains over the next five years from their digitisation efforts.
This astounding statistic shows the importance that digital business transformations have been playing in modern day industry.
Connecting Customers and Communities
Perhaps the most significant change technology has brought to business is the interconnected nature that customers and clients now have with their favourite brands and businesses. With social media, consumers have access to every possible product or service’s inbox at the tap of a finger. It’s the companies that take advantage of social media that will have successful business transformation solutions Manchester.
Just as important is remembering the connected nature of your employees as well. It’s essential to empower your employees with collaborative platforms and technologies, making their work more accessible and more effective. If your business can foster a community feeling between customers, company and employees, all while improving its services and infrastructure, then you’ll be well on your way to leading industry 4.0
Call Tailor Train about Business Transformation Solutions Manchester Today
Now that you know what industry 4.0 is and how business transformation solutions have been influencing its progression, it’s time to start your business transformation. If you want to speak more about industry 4.0, business transformation solutions Manchester, or anything else, give Tailor Train a call at 07760 316 774