Mark Smith asks: Does Industry 4.0 demand the latest and greatest ERP?
There’s wide agreement that Industry 4.0, or the fourth industrial revolution, is here. But what it actually means for manufacturers still seems to be up for debate. Digital transformation, the use of sensors and IoT devices, and the creation of much more data will all undoubtedly feature, but it remains to be seen if this will be transformative enough to count as a revolution, or if this will actually be more of a gradual shift.
Manufacturers will also be pondering what this means for the software they use to run their business – will this need to be updated to meet the demands of this shift in technology? The Enterprise Resource Planning (ERP) software that is used to run most manufacturing businesses is surely going to have to become much more sophisticated, with investment needed to upgrade to the latest versions to keep up.
In fact, manufacturers are very likely to be just fine using the software they currently have. Industry 4.0 may shake up their day-to-day business, but the ERP tools they use will likely remain the same.
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