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Why is Industry 4.0 Transformation Needed?
June 17, 2021

If your company is used to the old-school way of doing things and succeeded in the past using these techniques, it may be hard to accept it is time for a digital transformation. But times are changing. Technology is advancing – fast. These advances are connecting the world and changing the way people purchase goods. Low-cost goods – delivered fast and through a transparent process are now the norm expected by consumers. This is achievable using industry 4.0 practices. To stay relevant, your company must adapt. Industry 4.0 transformation is needed because without it – your customers will opt to do business with the competition that is embracing the future and meeting their expectations.  

It is clear that the adaptation of Industry 4.0 practices is happening across all industries– and fast.  In just a matter of years the Industry 4.0 market is projected to grow 200%. In 2019 the global Industry 4.0 Market was estimated at $70 Billion. By 2026 it is expected to reach $210 Billion [1].Business owners are choosing to complete the transformation because of the benefits industry 4.0 provides to their company.  

These include:  

  • Increased competitiveness and dominion over a larger share of the market 
  • A stronger and more collaborative workforce 
  • Increased profitability 
  • Increased growth 
  • Attraction of top talent

Check out the blog: Benefits of Adopting an Industry 4.0 Model 

The dominion over a larger share of the market is the key point here. As stated before, consumers will shop where they can get their products quickly and at a low cost. By adopting an Industry 4.0 model, meeting these expectations becomes possible. AI, IoT, and machine learning have enabled super-fast and flexible manufacturing. Having machines do this labor cuts costs and make it possible to offer competitive prices to customers. The connection and transparency that these smart technologies create enable your company to see where improvements can be made to speed up the process and reduce downtime of production by sensing when machines need maintenance.  

By completing an Industry 4.0 transformation at your company now, you can continue to succeed well into the future.  

How Can Your Company Launch an Online Learning Platform for Your Employees to Easily and Quickly Adapt to Industry 4.0?  

An Industry 4.0 transformation is more involved than just purchasing the latest technology. You must upskill current workers or hire new skilled workers to run and maintain the machines. Due to the global labor shortage and skills gap, finding the latter is difficult. The best solution is to upskill your current workforce. This can be done easily and effectively by partnering with an online learning platform and course provider.  

Here are key elements that online learning platforms need to provide value to your company and employees:   

  • Custom branded platform and courses that are uniquely relevant to your workforce 
  • Engaging delivery methods that keep employees actively learning 
  • AI and advanced data capabilities for better learning outcomes and insights
  • Positive user experience and high retention rate 
  • Turn-key systems capable of immediate implementation with no learning curve  

Your company needs an Industry 4.0 transformation. To keep pleasing your customers and to stay competitive, this transformation is critical. The additional benefits to the transformation will make the process highly worth it. Start today! 

Amesite Offers a Single, Easy to Use, Scalable Solution  

Launch an upskilling program that prepares your workforce for industry 4.0, so your company can stay competitive and grow.  

Amesite is the premier online learning ecosystem provider on the market today. We are well-positioned to provide your business with a world-class program designed to support industry 4.0 adaptation and prepare the future workforce.     

Amesite's platform is high-tech and AI-powered. We specialized in scalable, custom branded online learning environments and content curation to meet employer's unique needs and support the business's upskilling efforts. Artificial intelligence drives some of the most compelling experiences on the internet, and Amesite brings these tools to education in a novel and transformative way.   

Amesite's platform offers excellent insights to learners and employers using advanced data analytics, unparalleled ease of use, features that build communication and engagement, and provides compelling custom content.   

Amesite's product is easy to acquire, use, scale, and offers:   

  • Deploy a fully managed and custom branded enterprise learning platform plus customized courses that enable you to deliver job-specific certifications quickly and efficiently for your staff. 
  • AI and machine learning integration to identify trends and make informed decisions while upskilling your teams with comprehensive data analytics and customizable dashboards. 
  • Attract and keep employees engaged with social media-inspired interface design and the most up-to-date content. Build employee networks that improve your organization's success. 

Amesite has experience curating course content and robust online learning platforms that provide engaging and world-class education on Industry 4.0 topics. Our partnership with Wayne State University exemplifies this. In reference to the online learning platform and course curriculum designed for WSU Farshad Fotouhi, Dean of Wayne State University College of Engineering, said, "Working with Amesite, we had nearly 100% retention in our programs. That's not an accident. Artificial intelligence is critical in creating engagement and is important for us not only to build programs, but to build programs that people complete."  

He goes on to say, "The feedback from our students and instructors has been overwhelmingly positive. In working with Amesite, we have access to the best technology with a partner that we trust. They customized to our needs and to our market. And helped us deliver in a way that supports the professionals who are transforming [industry]".  

Amesite can provide your company with world-class upskilling to train your workforce in preparation for your company's adoption of an industry 4.0 business model to ensure a smooth transition and fast growth.   

Let Amesite help your company upskill today and prepare it for industry 4.0! Request a Demo!      

Check out some of our customer success stories: The Henry Ford, Wayne State University.    

We are also proud to announce we recently became a Microsoft Partner! Check out the Press Release to learn more!  

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Resources:

 [1] Global News Wire. Dec. 10, 2020. Industry 4.0 Market Size Growth Will Reach USD 210 Billion by 2026: Facts & Factors. https://www.globenewswire.com/news-release/2020/12/10/2143051/0/en/Industry-4-0-Market-Size-Growth-Will-Reach-USD-210-Billion-by-2026-Facts-Factors.html Accessed June 10, 2021.