8 Reasons Why Industry 4.0 Initiatives Fail

Every organization starts its Industry 4.0 journey with similar goals and objectives: the need for rapid performance improvements, including productivity, safety, labor utilization, and profitability, and to address internal or external challenges – but less than 30% of organizations see the desired business and operational outcomes and benefits. Here are the eight main reasons why digitalization initiatives fail – and how you can avoid them.