Standard definitions for Industry 4.0 help companies answer where to start. The speaker separates the universal vision of smart manufacturing from each company's unique implementation path, and argues there's strong market demand for a standardized process that bridges the two.
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So having a set of standard definitions help companies like mine be able to even answer when customers ask, which is all the time, I don't know where to start and I don't necessarily know how to approach it. I would view it as the art of the possible is the vision of what Industry 4.0 and smart manufacturing can do. And in theory, that should be the same for every company. There is one basic vision of where we're all going. We need to understand that. But the art of the practical is unique to every organization. How does that apply to your specific company? And companies are yearning for help to figure out how to standardize the process of figuring that out and the process of implementing. And this is a very helpful tool, just even for me to be able to help answer that to the thousands of times I get asked it in a year is, how and where do I start?