Industry 4.0 is More than Hype
Industry 4.0 (or the Fourth Industrial Revolution) was the central focus the World Economic Forum earlier this year. As usual, the WEF tackled a topic with enormous potential to change the world
In this blog, we discuss cognitive computing and other technologies with a focus on supply chain management and innovation. Other topics of discussion include digital enterprise transformation, marketing, the Internet of Things, and smart cities. Our goal is to advance the public discussion about how cognitive computing and other advanced technologies affect the world in which we live.
Bradd C. Hayes is the active editor of this blog.
Industry 4.0 (or the Fourth Industrial Revolution) was the central focus the World Economic Forum earlier this year. As usual, the WEF tackled a topic with enormous potential to change the world
“For the first time,” reports Laura Stevens (@LauraStevensWSJ), “consumers say they bought more of their purchases on the web than in stores, according to an annual survey of more than 5,000 online
“Supply chains,” writes Abe Eshkenazi (@aeshkenazi), CEO of APICS, “are like the central nervous system in humans — they are complex, integral systems that are constantly interacting with their environment.”[1] Central nervous
“It’s been clear for a while,” writes Bill Bishop (@BrickMeetsClick), Chief Architect at Brick Meets Click, “that a wide range of shoppers would like to do at least some of their grocery
Most analysts agree businesses face an imperative to transform into a digital enterprise or lose ground to competitors that do. Industrial age organizations are simply not up to the challenges of the
“Supply chain practitioners, accustomed to the ongoing disruptions throughout the sub-tier supply chain, are familiar with the usual risks that threaten supply chain continuity: factory fires, port disruptions, force majeure, chemical spills,
Retailer chargebacks against vendors are not new, but they do represent a growing challenge to profitability. The staff at Supply Chain 24/7 reports, “Vendors like Target and Walmart continue to increase vendor
The ground beneath businesses continues to shift as the impacts of e-commerce, new business models, digitization, and automation are fully felt. Many analysts are convinced that only companies successfully transforming themselves into
John Wanamaker, the late department store magnate, once stated, “Half the money I spend on advertising is wasted. The trouble is I don’t know which half.” In the age of big data
Amid all the hype about the Internet of Things (IoT) one fact is beginning to come clear — there are still a lot of challenges to be overcome before its full implementation can
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