Going with the trend!
Are manufacturing businesses all over the world facing strong headwinds that are
forcing them to re-examine their business models, build new capabilities and deal with
new technologies? Are they feeling the effect of disruptive technologies and the power of
the digital economy, which have already had an impact on other sectors? The answer is, of
course, yes! The digital technologies are bringing major changes in the nature of demand,
causing shifts in customer relationships, and affecting the distribution of profits across
many value chains. For example, Industry 4.0 (along with Industrial Internet of Things)
is offering improved linkages between the digital and physical worlds, which, in turn, is
transforming many sectors and causing headaches for many companies with traditional
business models.