Industry 4.0 continues to move forward as companies across sectors work to digitally transform.
There are several drivers for this change, including:
Labor
Shortages of labor and technical expertise
Performance
Improving performance in manufacturing, operations and warehouse environments (e.g., cost, efficiency, uptime, asset life, quality, inventory and fulfillment)
Re-Shoring
Reshoring of manufacturing in the U.S., which adds to the business case for automation to compete against low-cost countries
Technology
Maturation and declining cost of technology – multiple technologies that are getting better and cheaper
ESG
Increasingly stringent environmental and sustainability requirements
Hardware, software and systems integrator companies are working to capitalize upon this massive change. Groove Strategy Group supports these companies to make the critical strategic decisions to grow their businesses profitably. We also support Private Equity investors looking to make acquisitions in the space and help them with Buy-Side Commercial Due Diligence and 100 Day Plans.
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Contact Groove Strategy Group to discuss how we can help your company grow profitably.