Why does Industry 3.0 cost more than Industry 4.0?
Ectobox, Inc.
Enabling a future of data-driven US-based manufacturing that competes not on labor costs, but on innovation and quality.
Hi all! It's been a bit colder than expected here in Pittsburgh, PA in the US...I'm not complaining, mind you when I think about the humid 90-degree F days we've had over the summer. Fall and, sadly, the end of our baseball season is upon us...we have a sad 10-year-old boy here on that point. Get out the sweaters!?
Costs of IIoT Ecosystems for Digital Transformations
Let's change directions and talk about money...or better yet, costs of IIoT ecosystems for Digital Transformations, for connecting your plants and getting real-time visibility for better decision making.
We do a lot of work for manufacturers, from small to Fortune 500. We're an Industry 4.0 systems integrator, so we're connecting to machines, people, and multiple data systems. The focus is to help manufacturers get value out of ALL of the data where it's connected into one single version of the truth.?
On some projects, we run into companies that have internal or external influences towards using technologies and architectures we think of as very Industry 3.0 focused.
Industry 3.0 was about automating manufacturing processes. There were older architectures and technologies used at the time. The problem is manufacturers are still using these concepts and Industry 3.0-focused integrators are still selling these solutions to the manufacturing decision-makers.
(Note: We have been very pleasantly surprised by a couple of Industry 3.0 integrators that have had open minds to the newer ideas, architectures, and technologies.)
But what those decision-makers don't know is that?Industry 3.0 solutions can cost 1.5X to 5X as much as an Industry 4.0 solution.?
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"Wow!", you say. "Is that really true? How can that be?", you ask. Well, let me tell you. I'll have to keep it brief for this communication medium.?
It comes down to 3 causes:?
Here's the quick breakdown:?
If you stepped back and looked at the additional costs above, it's easy to see how old security models, protocols driving extra engineering work, and proprietary systems can make the older Industry 3.0 approach 1.5X-5X more expensive than Industry 4.0 solutions.?
I welcome your comments, however contentious they may be. This can turn into an emotional and personal conversation which we'll avoid. Let's simply talk and keep it to the facts. Hopefully, you'll be able to see what we see. We'll also both agree to keep open minds.?
With that, I bid you all a great October, keeping an open mind to this changing weather! :-)?