Scale your way to the peak of smart factory potential
Any smart factory initiative can only succeed if it is scaled properly
- Organizations understand that smart factories are the way of the future – the number of initiatives is on the rise, and both efficiency by design and closed-loop operations are driving the benefits
- The size of the prize is bigger than ever – at $2 trillion on average, two-thirds are still to be realized
- The secret lies in scaled initiatives – but only 14% think they are succeeding
- High performers can lead the way – their best practices balance efficiency by design with effective operations.
IT-OT convergence, virtual and loopback operations, and transformation mastery are key to success
To drive scaled success, organizations need to put in place strong governance, as well as metrics and methodologies to assess progress. They must develop a program for deploying and integrating digital platforms across manufacturing operations as well as a culture of data-driven operations. Finally, they must develop hybrid and soft skills through cross-functional career paths, upskilling, and recruitment. These are the best practices that help front runners stay ahead of the pack. To keep pace, novices should think big, but start small while experimenters should invest in their foundations before they scale up.
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