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Understanding Industrial Transformation Today

White Paper Published By: Schneider Electric
Schneider Electric
Published:  Jul 01, 2019
Type:  White Paper
Length:  33 pages

We all know something big is happening “out there” in industrial operations around the globe. Companies are going beyond standard practices in Continuous Improvement (CI) as they seek step change improvement. Among them, programs go by a range of names: Digital or Industrial Transformation, Industry 4.0, Smart Manufacturing, and many others. Whatever your company calls it, questions remain. What are the “big” things industrial companies are trying to accomplish? How are they going about it (strategically and tactically)? What are the key indicators of digital readiness? And what, if anything, is delivering significant improvement?

To answer these questions, LNS conducted a global survey in December 2018. The study reveals that two-thirds of companies have implemented, are currently implementing, or plan to implement an Industrial Transformation program.

Download the report to examine what the survey data reveals about the exact status of digital readiness for Industrial Transformation (IX) programs globally. LNS includes findings on how companies define, scale, staff, and fund IX programs. You’ll learn about the duration, technology and organizational structure they use. The data also shows how companies integrate plant management and shop floor employees into the overall program. Finally, this report identifies best practices around Industrial Transformation.

Tags : 
digital, industry 4.0, automation, plant