The progressive integration of communications, IT, data and physical elements wi

Question

The progressive integration of communications, IT, data and physical elements within the production systems are bringing significant opportunities to increase competitiveness within organizations. Industry 4.0, Industrial Internet of Things, and Smart Factory are all concepts recently develop which refer to these emerging opportunities.

Visit Accenture’s microsite Digital Industry 4.0 - Industrial Internet of Things, (https://www.accenture.com/us-en/digital-industry-index ) and read about the Industrial Internet of things. Pay particular attention to the areas 'Impact' and 'Solutions' and then address the following questions:

- Will the progressive integration of communications, IT, data and physical elements result in personnel reductions within the organizations that take advantage of these opportunities? Why or why not?

- If you losses are imminent, will there be other areas where personnel lines will increase to offset these losses?-

Explanation / Answer

1) The progressive integration of communications, IT, data and physical elements will result in personnel reductions within the organizations because the digital reinvention in industries will result in the retention of only those few personnels with domain knowledge in 4 key areas namely INNOVATION & GROWTH, DESIGN & PRODUCT ENGINEERING, MANUFACTURING & PRODUCTION and SERVICE & SUPPORT which form the basis for business transformation to gain competitive edge in the market.

These counted few persons or the subject matter experts will be the ones who will be able to capitalise on the opportunities in front on them.

2) Losses will be emminent which is true from the fact that around 64% of executives believe failure to leverage digital will cause their companies to fight for survival. Personnel Losses are inevitable and there wiil be areas where these losses would offset but there are ways in which these losses can be compensated by channelising or balancing the personnel talent in the field where it is required the most.

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