ROI – friend or foe for Industry 4.0 investments?

Your organization is ready to make a big step in digital transformation, but there are many question marks rised by the members of the management board. Beside those regarding the impact over the overall performance of the company, there is an essential one: what is the return of investment? Fear not, there are tools that help you to quantify it!

ROI – friend or foe for Industry 4.0 investments? Of course, the concern is legitimate and could be a show stopper for the organizations heavily affected by the pandemic crisis. But when you rely on the support of a team of specialists, the results will exceed expectations both on operational and financial side.

What elements should you take into consideration?

One important step is understanding the foundations upon which these calculations are made. The implementation of a Industry 4.0 solution has a very clear setup. The starting point is the number of equipments that will provide production data, the hourly operating cost and the number of shifts per day. On top of these information you should add the cost of data collection using the existing methods.

Qualitative elements

Growth estimation of productivity and of the quality of products are aslo elements to take into consideration. Optimization systems enable your organization to boost productivity by optimizing work resources, prevent issues, speeding up production processes and much more. Also, by predicting events, these tools allow you to prepare in advance and to focus on business growth and new challenges.

ROI – friend or foe for Industry 4.0 investments? For a more accurate calculation, rely on the experience of KFactory specialists. The extensive experience gained in implementing Industry 4.0 solutions has helped them to develop an online tool in collaboration with Dendrio and Procredit Bank. Access it and you will get a detailed calculation of how much money you can save by digitizing. Moreover, you will be one step away from accessing a digital investment loan! Thus, you will discover that ROI is a friend and supporter of the future development of your business.

See other blog posts...

Benefits of SaaS products

Why should manufacturing companies digitize their shop-floor process by using SaaS products? There are a lot of different products that exist to make it easier for companies to operate. This is where SaaS products come into play as they are

How to improve manufacturing efficiency

Manufacturing managers using OEE (Overall Equipment Effectiveness) have quickly become convinced that this system has a significant impact on their production performance. OEE is not only a metric, but it also provides a framework to improve the production process. How

Join the KFactory Partner Program

We believe that collaborative partnerships are critical to driving digital transformation and innovation in the manufacturing industry
Our partners