The Fourth Industrial Revolution for Every Industry: A Taxonomy of Industry 4.0‚Äč

June 14, 2019 | State of the Market Report

Industry 4.0 encompasses the digitization and interlinking of the entire value chain of a physical, product-based industry. Industry 4.0 use cases directly impact the product lifecycle, and are motivated by either top-line revenue growth or bottom-line savings. We develop a taxonomy for Industry 4.0 based on the product-centric value chain, spanning from product development to post-sales support. Within each stage, we lay out key use cases, applications, and technologies that can be implemented today. Additionally, we outline key considerations around ROI and ease of implementation when considering an Industry 4.0 project.

Coverage Areas

  • Digital Transformation
  • Industrial Internet of Things

Table of Contents

  • Title page
  • Introduction: An overview of Industry 4.0
  • Landscape: A taxonomy of the Industry 4.0 value chain
  • Recommendations & Outlook: Finding the right strategy for Industry 4.0

Lead Analysts

Katrina Westerhof
Director, Research
Mike Rolfes
Analyst

Contributors

Kevin See, Ph.D.
Lewie Roberts
Venkatesh Konanur
Shriram Ramanathan, Ph.D.

About Lux Research

Lux Research is a leading provider of tech-enabled research and advisory solutions, helping clients drive growth through technology innovation. A pioneer in the research industry, Lux uniquely combines technical expertise and business insights with a proprietary intelligence platform, using advanced analytics and data science to surface true leading indicators. With quality data derived from primary research, fact-based analysis, and opinions that challenge traditional thinking, Lux clients are empowered to make more informed decisions today to ensure future success.

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