ACCENTURE
14 and connected things by 2020 . There has to be a structured and methodical approach to manage this exponential growth of our connected ecosystem such that the inclusion of the new class of ‘ smart and living things ’ into day-today life , is focused on increasing human productivity and efficiency , and ultimately improving our lifestyle . A framework is imperative to making this connected ecosystem work for us .
At Accenture , Industry X . 0 is defined as such a framework that underpins the digital reinvention of the industries , through which organizations leverage advanced digital technologies to transform their core business operations in order to reimagine human-
Accenture Industry X . 0 experts spent the day talking to visitors about real use cases with industry examples at ITAP 2018 centered worker and end-user experiences , and ultimately to drive innovation and growth . New levels of operational efficiencies are harnessed – in the core business operations of research and development ( R & D ), engineering , product design and manufacturing , by leveraging advanced sensors and networks , and by embedding softwareenabled intelligence into integrated products and services . Workers and customer experiences are reimagined and redesigned through immersive and AR / VR technologies . Innovation and growth is accelerated – new business models are formulated and revenue streams generated by unlocking and harnessing the value trapped inside the ecosystem that is developed through connectedness .
One of the fundamental philosophies of Industry X . 0 is to transform the core business systems and processes . By introducing modern architecture patterns and principles , legacy systems can be modularized and modernized which then opens opportunities to introduce digital technologies into legacy systems . The digital technologies ( e . g . microservices , analytics and immersive
DECEMBER 2018