Information Technology Foresight

The latest thinking on creating competitive advantage through information technology.

January 2017

Industry 4.0: How digitization makes the supply chain more efficient, agile, and customer-focused

For many companies, their supply chain is their business—so critical that even small increases in efficiency can produce major earnings gains. How much more efficient could digitization make your supply chain?

4.1% — Annual increases in supply chain efficiency thanks to digitization.

If these results peak your interest, then the featured article in this month’s IT Foresight, Industry 4.0: How digitization makes the supply chain more efficient, agile, and customer-focused, will provide you with information on how you can achieve similar results.

Featured Foresights

Industry 4.0
Strategy& viewpoint
For every industrial company, the promise of the Industrial Internet of Things is enormous. And perhaps nowhere is it more important than in its potential to transform the supply chain. By combining a variety of digital tools—integrated planning and execution systems, logistics visibility, autonomous logistics, smart procurement and warehousing, spare parts management, and advanced analytics—fast-moving companies have the very real potential to win the battle for efficiency and speed to market.
Connect and optimize
Strategy& viewpoint
The shift to the industrial Internet is rapidly gathering steam, yet most of the focus has been on making connected products and services for customers. Much less attention has been paid to how and to what degree the industrial Internet will transform companies’ internal operations. If companies are to take full advantage of the great promise of the industrial Internet, they must develop an overall strategy for how to go about it, and then gain a full understanding of the ecosystem of solutions emerging around each of the four areas.
The New Game of Global Tech
s+b article
No longer can companies belonging to the worldwide information, communications, and technology (ICT) industry be easily segmented into hardware, software, service, internet, and telecom sectors. Instead, convergence is now the name of the game as commoditization takes its toll on traditional products and services, and new technologies keep emerging. Under pressure of digitization, ICT companies are entering each other’s markets, and success is now determined by the clarity of the customer value proposition they choose in bringing their products and services to market.

Information Technology Foresight archive

October, 2018
What do you call companies that have successfully implemented Industry 4.0 technologies, developed the requisite ecosystems and nurtured a digital culture? We call them Digital Champions.
September, 2018
The great virtue of blockchain is the essentially trustworthy nature of the technology, and the vast majority of companies are actively looking into its use.