THE EVOLUTION OF INDUSTRY
I4.0 & I5.0
© PROVIDENCE CONSULTING GROUP, LLC 2024
LN NAUG
BREAKOUT SESSION
2
Justin DeWitt
Background
Infor Applications Focus
Justin has over 20 years of solution experience. He spent 12 years as CEO of a business solution implementations group focused in servicing the construction, Industrial Manufacturing, E&C and A&D markets. As a Solutions Architect, Justin has designed numerous successful Infor LN enterprise solutions for the A&D, Industrial, Automotive, and Construction & Engineering, to include the largest multi-tenant CloudSuite implementation in North America. Justin leads the Industry 4.0 program at PCG
Justin DeWitt�Industry Director�Providence Consulting
Group
ABOUT ME…
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All content is confidential, proprietary and restricted and cannot be shared or reproduced without prior written consent from PCG.
SESSION AGENDA
Understanding Industry 4.0
Industry 5.0
Industry 4.0 Steps to Adoption
Closing Remarks
Industry 5.0 Adoption Process
Understanding Industry 4.0
INDUSTRY 4.0 ALIGNING YOUR COMPANY FOR SUCCESS
Unleashing the power of performance through advancements in current technologies.
I
4.0
5
THE EVOLUTION OF INDUSTRY 4.0
Advancements in Industry: There has been a series of advancements in the manufacturing landscape. Each evolution was pushed by a need for increased productivity, better quality standards, and repeated outputs.
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6
CORE ELEMENTS OF INDUSTRY 4.0
KEY FACTORS OF INDUSTRY 4.0
INTERCONNECTIVITY: Devices, machines, and systems are interconnected through IoT, enabling seamless communication and data exchange across the entire value chain.
INFORMATION TRANSPARENCY: Real-time data collection and analytics provide insights into the performance of manufacturing processes, allowing for better decision-making and optimization.
AUTOMATION & ROBOTICS: Automation of repetitive tasks and the use of robotics to increase efficiency, accuracy, quality, and speed in production processes, while improving workplace safety.
DIGITAL TWINS: Virtual replicas (Testing/Sandbox) of assets, products and processes to enable simulation, analysis and optimization of manufacturing operations in a virtual environment.
WHAT IS INDUSTRY 4.0
Industry 4.0 represents a shift towards smarter, more flexible and interconnected manufacturing systems, driving innovation, competitiveness, and sustainable growth across your industry.
Industry 4.0 is not just about adopting new technologies but also about reimagining business models, processes, and organizational structures to fully harness your organizations potential.
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All content is confidential, proprietary and restricted and cannot be shared or reproduced without prior written consent from PCG.
7
VALUE OF IMPLEMENTING INDUSTRY 4.0
INCREASED EFFICIENCY & PRODUCTIVITY
REDUCTION IN THE COST OF PRODUCTION
IMPROVED QUALITY CONTROL
ENHANCED FLEXIBILITY
SUPPLY CHAIN OPTIMIZATION
INCREASED COMPETITIVE ADVANTAGE
IMPROVED WORKPLACE SAFETY
DATA-DRIVEN DECISION MAKING
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All content is confidential, proprietary and restricted and cannot be shared or reproduced without prior written consent from PCG.
Digitization
Automation through
Connectivity
Adoption of Industry 4.0 Processes
Adopting technologies to advance your business into the new age
I
4.0
9
ADOPTION OF INDUSTRY 4.0
4
Predictability
Foundation 4.0
3
Connectivity
2
Enablement
1
Alignment
TODAY
Industry Defined
Solution Extensibility
System Integration
Business Automation & Agility
Industry 4.0 is not only a change in the use of technology but also a change in business process, which requires taking steps to create a sustainable platform during your transformation.
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All content is confidential, proprietary and restricted and cannot be shared or reproduced without prior written consent from PCG.
Personalization
Co-operation with
Man and Machine
Welcome to the 5th Industrial Revolution
Deploying capabilities that move beyond digitalization and into cognition
I
5.0
11
WHAT IS THE DIFFERENCE BETWEEN INDUSTRY 4.0 & 5.0
At a high level, Industry 4.0 refers to the integration of automation and data exchange in manufacturing. Industry 5.0 is a new concept that focuses on collaboration between humans and machines.
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All content is confidential, proprietary and restricted and cannot be shared or reproduced without prior written consent from PCG.
12
THE THREE PILLARS OF INDUSTRY 5.0
At its core, Industry 5.0 creates the ability for people and machines to work efficiently together.
Through Technology, dangerous, repetitive and highly complex tasks can be performed without concern of human error, risk, or burn out.
The outcome, is a reduction of resource churn, reduction in operation stability concerns, a greater ability to meet demands in process advancements and more efficient capabilities for creation and diversity of production outputs.
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All content is confidential, proprietary and restricted and cannot be shared or reproduced without prior written consent from PCG.
13
Predictability
ADOPTION OF INDUSTRY 5.0
Industry 5.0 builds on Industry 4.0 technologies but unleashes the full potential of predictable solutions and merges them with cognitive machine capabilities.
Cognition
Co-Operation
Personalization
Executable Analytics
Conversant Intelligence
Customer Connected
Business Automation & Agility
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All content is confidential, proprietary and restricted and cannot be shared or reproduced without prior written consent from PCG.
Your Next Step is Your First Step Towards Success
ALIGNING YOUR COMPANY FOR SUCCESS
ITS TIME TO MOVE INTO THE NEW BUSINESS REVOLUTION.
THANK YOU