NORTH AMERICA 4 . Additive manufacturing – where technologies like 3D ( and most recently 4D ) printing are used for production of small batches of highly customized and programmable products .
5 . Cloud – that has helped in commoditizing the compute , storage and network consumption among other well-known advantages of scale and the sharing economy .
6 . Simulation – providing the ability to digitally simulate entire production assembly lines for rapid prototyping and innovation before even the physical construction has started . Think digital twins !
7 . Big Data & Analytics – that is truly enabling massive scale data processing and insight generation targeted at timely decision making across the key business processes .
8 . IIoT – i . e . the Industrial Internet of Things that is enabling the infusion of intelligence into products , processes , and services that communicate with each other and humans over a global network .
9 . Cybersecurity – ensuring that the enterprise assets , both physical and IT infrastructure , are truly secured
from the cyber threat vectors that are continuously on the rise as more systems gets interconnected .
The Industry X . 0 framework fosters the convergence of both strategy-led as well as technology-led initiatives with the methodical and systematic focus of helping organizations formulate an innovation driven strategy and pathway for digital transformation that is underpinned by both quantitative and qualitative business value .
An example of a qualitative lever is a business strategy around industrial consumerism . For example , the essential philosophies of industrial consumerism are based on the tenets that :
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