{"id":7097,"date":"2021-02-03T14:19:29","date_gmt":"2021-02-03T14:19:29","guid":{"rendered":"https:\/\/kfactory.eu\/new_site\/?p=7097"},"modified":"2024-07-19T16:19:12","modified_gmt":"2024-07-19T16:19:12","slug":"obstacles-to-the-path-of-digitalization","status":"publish","type":"post","link":"https:\/\/kfactory.eu\/de\/obstacles-to-the-path-of-digitalization\/","title":{"rendered":"Obstacles to the path of digitalization"},"content":{"rendered":"<h1>Industry 4.0 bears the potential to completely reshape the relationships with customers, employees and the market<\/h1>\r\n<p>The digital transformation of companies, of their internal processes and the relationship with suppliers and their customers is not only a trend, but it is the way forward for manufacturing companies that strive to gain the best possible position in an increasingly competitive environment. As any change, digital transformation journey puts managers and decision makers in front of various type of barriers, but the driving forces are giving them the thrust necessary to pass over these obstacles. What they should keep in mind is that Industry 4.0 bears the potential to completely reshape the relationships with customers, employees, the market and they need to complete the journey to be rewarded and fully benefit of the advantages offered by a state-of-the-art organization.\u00a0<\/p>\r\n<h3>An in-depth analysis of the level of digital transformation of companies in Serbia<\/h3>\r\n\r\n\r\n\r\n<p>In the article\u00a0<a href=\"https:\/\/www.mdpi.com\/2071-1050\/12\/10\/4208\/pdf\" target=\"_blank\" rel=\"noreferrer noopener\">\u201dChallenges and Driving Forces for Industry 4.0 Implementation\u201d<\/a>\u00a0published in May 2020 on\u00a0<a href=\"https:\/\/www.mdpi.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">MDPI institute website<\/a>, a joint research team from Universities of Belgrade and Zagreb take an in-depth analysis of the level of digital transformation of companies in Serbia based on a digital maturity model, and examine their managers\u2019 opinions on the most important driving forces and implementation barriers. 122 high-level managers within the Serbian manufacturing sector responded to a questionnaire\u00a0and the findings show that efficiency factors represent the main driving force, while the lack of competences and financial resources represent the greatest barriers to <a href=\"https:\/\/kfactory.eu\/de\/industry-4-0\/\" target=\"_blank\" rel=\"noopener\">Industry 4.0<\/a> implementation.\u00a0A very interesting finding is that customer satisfaction is perceived as a significant driver of Industry 4.0, which is a clear indicator that digitally maturing companies implementing Industry 4.0 exhibit higher responsibility, taking care of sustainable value growth for both owners and consumers.\u00a0<br \/>\u00a0<\/p>\r\n\r\n\r\n\r\n<figure class=\"wp-block-image size-full\"><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone wp-image-9459\" title=\"Lack of experience is preventing manufacturers from launching smart factory initiatives\" src=\"https:\/\/kfactory.eu\/wp-content\/uploads\/2022\/10\/image.png\" alt=\"\" width=\"803\" height=\"527\" srcset=\"https:\/\/kfactory.eu\/wp-content\/uploads\/2022\/10\/image.png 803w, https:\/\/kfactory.eu\/wp-content\/uploads\/2022\/10\/image-300x197.png 300w, https:\/\/kfactory.eu\/wp-content\/uploads\/2022\/10\/image-768x504.png 768w, https:\/\/kfactory.eu\/wp-content\/uploads\/2022\/10\/image-18x12.png 18w, https:\/\/kfactory.eu\/wp-content\/uploads\/2022\/10\/image-152x100.png 152w, https:\/\/kfactory.eu\/wp-content\/uploads\/2022\/10\/image-122x80.png 122w, https:\/\/kfactory.eu\/wp-content\/uploads\/2022\/10\/image-394x259.png 394w\" sizes=\"(max-width: 803px) 100vw, 803px\" \/><\/figure>\r\n\r\n\r\n\r\n<h3>Many organizations do not take any action on smart factory investment and initiatives<\/h3>\r\n<p>According to a 2019 joint study of Deloitte and the Manufacturer\u2019s Alliance for Productivity and Innovation (MAPI), \u201cone of the biggest challenges of smart factory adoption is that many organizations simply do not take any action on smart factory investment and initiatives\u201d. This study shows that almost half &#8211; 49 percent &#8211; of the managers were not thought about or thought, but not planning any initiatives\u00a0related to smart factory.\u00a0For those managers, lack of experience &#8211; implementation requirements and prioritization &#8211; was the top challenge (34%) that\u00a0determined them to postpone the investments, followed by difficulty in adapting (32%), lack of compelling business case (32%) and lack of overall strategy (30%).\u00a0<\/p>\r\n<h3>The associated risks<\/h3>\r\n\r\n\r\n\r\n<p>Associated risks are also an important barrier\u00a0and the managers are very cautious:\u00a0\u201cIn a production environment, making a mistake can bring a production line down or harm a human worker, so the stakes are very\u00a0high,\u201d\u00a0said one of the managers that took part to survey.\u00a0Also, among other\u00a0identified risks\u00a0were\u00a0operational risks\u00a0and cyber risks. Concerns\u00a0regarding disruption to the day-to-day business and the prospect of loss resulting from inadequate or failed experiments or change,\u00a0on one hand,\u00a0and disastrous effects if smart factory initiatives are implemented without taking precautions, such as creating a cyber risk strategy,\u00a0on the other hand,\u00a0put on hold digital\u00a0transformation of the factories.\u00a0<\/p>\r\n\r\n\r\n\r\n<p>How can companies overleap these obstacles? Of course, an inside transformation team is an option, but limited experience in such processes could turn the road into a long and winding one. The easiest way to reach your goals is working with organizations with know-how and a proven record of successful transformations. Even it is a fresh company on the market,\u00a0KFactory\u00a0relies on the expertise of a <a href=\"https:\/\/kfactory.eu\/de\/company\/\" target=\"_blank\" rel=\"noopener\">group of consultants<\/a> who gathered a valuable pool of best practices ready to be put into practice and\u00a0guide\u00a0you\u00a0during a swift journey.\u00a0<\/p>","protected":false},"excerpt":{"rendered":"<p>Industry 4.0 bears the potential to completely reshape the relationships with customers, employees and the market The digital transformation of companies, of their internal processes and the relationship with suppliers and their customers is not only a trend, but it &hellip; <a href=\"https:\/\/kfactory.eu\/de\/obstacles-to-the-path-of-digitalization\/\">Mehr erfahren<\/a><\/p>","protected":false},"author":2,"featured_media":1564,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","footnotes":""},"categories":[26],"tags":[32],"class_list":["post-7097","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","tag-blog"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.2 (Yoast SEO v27.5) - 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