Manufacturers investing in the promise of smart factories

Smart factories leverage digital technologies to gain significant improvements in productivity, quality, flexibility, and service. Built on connectivity, intelligent automation, and cloud-scale data management and analytics, the ultimate goal is to reach autonomous operations.

According to the Capgemini Research Institute, the problem is not the investment but the ability to scale. In Smart Factories @ Scale: Seizing the trillion-dollar prize through efficiency by design and closed loop operations, the latest CRI report highlights how companies are taking the leap to Industry 4.0.

Organizations have already made one-third of their factories smart, with a plan to transform an additional 40% over the next five years. Learn how frontrunners are scaling to success:

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How to scale up smart-factory initiatives

Governance

Translates vision into reality
Assigns KPIs to monitor progress
Ensures objectives are realized

Data-driven operations

Availability of the right data is critical
Establish data governance framework
Develop talent with an analytical mindset

Digital platforms and technologies

Deploy on small scale to realize benefits first
Integrate manufacturing platforms to work across enterprises
Hybrid architecture supports transformation goals now and in the future

$2 tn

The size of the value-add of smart factories

14%

Organizations characterizing their existing initiatives as successful

1.7

The factor increase in annual investments in smart factories by manufacturers