WHAT IS INDUSTRY X.0?
Industry X.0 is the digital reinvention of industry.
Industry X.0 businesses embrace constant technological change and profit from it. They move beyond experimenting with IT bundles or SMAC (social, mobile, analytics, cloud) stacks, combining digital technologies to drive both top-line and bottom-line growth. Industry X.0 businesses incorporate Industry 4.0’s core operational efficiencies, but also leverage combinations of advanced digital technologies to continuously create new, hyper-personalized experiences in both a business-to-consumer and business-to-business context.
They also boast four distinct value characteristics. Industry X.0 businesses are:
Every product and production process is
self-monitoring, data-generating, and aware of its ever-evolving business context.
Communications are end-to-end and multi directional, while
data-sharing among people,products,systems, assets and machines happens in real time.
There is an enterprise-wide cultural capability to act with speed, focus, and agility, to meet needs and seize opportunities.
Adaptive interactions help create increasingly
relevant and valuable user experiences over time.