Our outlook on Industry 4.0
We are strong advocates of Industry 4.0.
We believe that Industry 4.0 bridges the gap between the consumer and the factory, bringing precision and flexibility to the design-to-production process. It entails establishing connectivity between factories, points of sale and marketing activities, digitally transforming the product lifecycle as a whole.
It empowers you to build manufacturing resilience, by allowing you to adopt a data-driven, proactive approach to improving performance and achieving operational excellence.
Thanks to in-store data and automation, smart factories can now produce on demand, and respond to demand fluctuations in real time. This allows you to nearshore your operations, avoid overstock and excess inventory, and increase your cost savings.
The digitalization of processes such as design, product development, collection management, production and distribution is a prerequisite of Industry 4.0. Here at Lectra we have identified four key pillars of growth for our Industry 4.0 strategy: the Industrial Internet of Things (IIOT), big data analytics, cloud computing, and artificial intelligence (A.I.).