If you’ve been hearing about Industry 4.0 a lot lately, you’re not alone. This term is more than just a buzzword, and it has applications beyond its primary context of manufacturing. Here’s what marketers need to know about the Fourth Industrial Revolution.
Each new industrial revolution has been about some big change in the way manufacturing is done. The first involved adding water and steam power, the second brought us the assembly line and the use of electricity in factories, and the third came about with the advent of computers and the internet.
Now, we’re at the beginning of another revolutionary change in which those computerized devices are becoming interconnected through the Internet of Things. Physical devices are now able to communicate with one another through the internet, exchange data in real time, and use cloud computing to make smarter recommendations.
Over time, these devices can use the data they’ve stockpiled to recognize patterns and help make manufacturing more efficient than ever.
While it’s tempting to think of Industry 4.0 as the world being taken over by sentient robots, it’s not quite that sci-fi. Rather, the collaboration between humans and machines — and our ability to put the data they’re collecting to good use — is what it’s all about.
I know that marketers are not manufacturers, but there are several principles we can take from Industry 4.0 and apply to our world to make our processes simpler — and our clients happier.
By investing the time and transitional resources necessary to update our operations and enable smarter processes, we stand to increase our output and efficiency, reduce expenses and waste, and free up time for innovation. Bonus: back-end efficiencies can often lead to higher consumer satisfaction.
Try these ways to put Industry 4.0 principles to work for you:
And if you’re an in-house marketer at a manufacturing organization that’s already taking advantage of Industry 4.0 and its benefits, make that part of your message! Let customers know how your company is doing things smarter and making things easier for them.
As our web of connectivity grows, marketing will continue to adapt and evolve. For now, we can be certain that Industry 4.0 is not the future — it’s the present.