Industry 4.0 is a holistic automation, business information, and manufacturing execution architecture to improve industry with the integration of all aspects of production and commerce across company boundaries for greater efficiency. Technology development and digitalization create enormous opportunities for your company to increase customer value by streamlining processes, increasing quality, creating new revenue streams, and reducing production costs. But the challenges are significant. Digitalization of business requires a systematical approach, changes in leadership style, and a completely new mind-set in the production chain. The training program “Digitalization and Industry 4.0” is structured as a step-by-step-process in order to support companies of all sizes in their development.

Industry 4.0 Digitization systems capture a wide range of data that can be used to improve performance and productivity with the application of analytics. Analytics are used in a number of ways, including real-time predictive maintenance, which helps manufacturing companies avoid interruption of production by unplanned machine failures on the factory floor—directly improving asset utilization. Another application is optimization of production operations, improving productivity and energy efficiency

More generally, the possible evolutions of Business Models in the logic of "Digitalization 4.0" can be identified through the combination of different perspectives and dimensions: Value Proposition (products/services offered), Operating Model, Technology. Each of these perspectives can be seen in evolutionary sequence through the following incremental steps: Enhancement, Extension, and Re-definition. Let's examine some incremental reference configurations of the Business Model, synthesizing in a corresponding way the three dimensions "Products and Services", "Operating Model", "Technology"

Connected Consumers, Customized Experiences

As far as the Company's Operating Model is concerned, it must be analysed, and probably reviewed in an integrated way, in all its dimensions: Structure, Business Processes, Organisation, Management, Culture, Systems and Technologies. The following strategic capabilities can thus be enabled:

• Ability to innovate the Value Proposition in the Product-Service mix ("Servitization")
• Ability to customise products in real time and flexibly produce high volumes ("Mass Customization")
• Ability to offer customers co-engineering, codesign and co-manufacturing services (“Pro-sumership”)
• Ability to produce and deliver "what is needed, where it is needed, when it is needed ("On demand")
• Ability to operate in an integrated and interactive way with the business ecosystem ("Open Business")
• Ability to operate in a "digitalized" way at every management and operational level ("Smart business").

Levels to Achieve Digital Transformation

• Level 1: Digitalisation of the existing Business Model
• Level 2: Digitalization of Down Stream Processes
• Level 3: Digitalization of Up-Stream Processes
• Level 4: New Business Models (Redesign-Enlargement)
• Level 5: New Business Models (Re-Invention)

Use Cases for Digital Transformation Across Industrial Value Chain

• Operations planning
• Digital Infrastructure
• Energy Efficiency
• Mobile Workforce
• Process Optimization
• Automation and Robotics
• Health and Safety
• Supply chain Management
• Energy Management
• Asset Management
• Logistics