Using our diagnostic tool to seek out potential opportunities.
The World Economic Forum in their Future of Jobs report published in January 2025 stated:
On average, workers can expect that two-fifths (39%) of their existing skill sets will be transformed or become outdated over the 2025-2030 period.
It is critical therefore, to give people the tools and skills to thrive in this more challenging environment.
This will require employees of the future to develop particular expertise in one or more of these new technologies.
We have developed a diagnostic tool that measures your current and potential deployment of Industry 4.0 technologies. Using this tool, we will work with you to identify the right technological opportunities to boost your bottom line.
How will we carry out this diagnostic?
Stage 1 : Assessing your current state
Before anything else, it’s critical to assess your business’s current state against Industry 4.0 standards.
This involves two main areas:
1. Evaluating your Industry 4,0 readiness and opportunities.
• Operating audit: We undertake an analysis of current and potential practices to determine where Industry 4.0 technologies could improve those operations.
• Innovation opportunities: We will assess what new technologies could contribute to developing new product and market options and assess how easy it will be to integrate your existing systems with the new technologies.
2. Identifying untapped opportunities and pain points.
The next aspect in assessing the business’s state is to identify any pain points and opportunities. Pain points are areas where the business is currently struggling, like inefficiencies or bottlenecks.
We consider the following aspects:
• Operational pain points: identify specific challenges and pain points within the existing operation.
• Customer and market insights: Analyse market trends and customer feedback to identify any issues that industry 4.0 technologies can address. Where could such things as Robotics, 3D Printing , Augmented reality or Digital Twinning improve your competitiveness?
• Competitive analysis: Analyse how your competitors, as well as the leaders in the industry, are leveraging Industry 4.0 technologies. Are they approaching things differently? Can those practices be improved? Are there better alternatives ?
• Compliance evaluations: re-check the regulations and laws relevant to your field/industry, and make sure that your technology infrastructure (including planned Industry 4.0 investments) complies with these regulations.
• Customer experience: analyse the current customer journey. Identify whether new technology can improve each customer touchpoint and the overall customer experience from start to finish.
• Environmental responsibility: assess the environmental impact of your day-to-day operations, and identify opportunities to improve (i.e., reduce energy consumption, reduce waste) by adopting Industry 4.0 technologies or initiatives.
We will then help you develop an action plan:
3. Help in developing an action plan.
The next step is to work with the company to define realistic objectives for Industry 4.0 initiatives.
Here are some examples of such objectives that could be developed by the company:
Short-term objectives:
• Undertake training of the workforce in specific Industry 4.0 technologies and how they are applied. We can provide customised training designed specifically for your workforce needs.
• Install IoT sensors on priority production equipment within one year.
• Automate data collection and input at key points in the supply chain.
Long-term objectives:
• Fully automate a key bottleneck production process.
• Develop a new product line that is enabled by 3D printing that opens new markets for the company.
• Achieve carbon neutrality by decreasing 50% carbon emissions by the use of Industry 4.0 technologies.
Interested?
Please register your interest using the Contact form or e-mail drjohnthomas19@gmail.com
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