Four Steps to Analyzing Your Digital Assets

Manufacturing’s digital landscape is shifting dramatically making it essential to take inventory of your shops digital assets. To improve your shop’s operations and become more digital, you must start with understanding what comprises your shop’s digital thread. From computers to machines, and the software that operates them, now is the time to take stock of your company’s assets.

Digital Twins, or when we used to refer to the first model as a prototype

The prototype’s days are numbered. Yes, I know, it’s a hackneyed phrase, but this is the reality facing us thanks to the new possibilities Industry 4.0 has on offer. Nowadays there are software solutions able to generate a virtual design of a product or process we wish to test, thereby reducing labor hours and investment substantially.

Advantages of becoming a Factory 4.0

No fewer than 90% of companies lack a digital strategy. According to a report by the renowned German strategic consulting firm, Roland Berger. Today however, these barriers can and should be saved, especially now that the fourth industrial revolution is here. It is unstoppable and there is no turning back. If you resist change you will be out of the market.