INDUSTRY X . 0
The Challenge The rate at which things around us are getting intelligent and connected is incredible . Gartner projects there will be an overabundance of 20 billion smart and connected things by 2021 . There must be an organised and efficient way to deal with this dramatic development of our connected environment to such an extent that considering the new class of smart and living things into daily life is centred around expanding human functionality and productivity and eventually improving our way of life .
Nonetheless , even though organisations are ramping up their digitisation initiatives , many aren ' t getting the most out of their digital investments . That is , they ' re not changing their core operations or businesses while developing into new ones .
For this , Accenture proposes a new concept of Industry X . O .
What is Industry X . O ? Accenture puts forward Industry X . 0 as " the digital reinvention of industry ", changing fundamental operations , employee and customer experiences , and business models and strategies . Industry X . 0 is understanding how the future is and combining changing effectiveness with looking at how we can utilise this change to make advancements and new developments within customers ' businesses to create top-line value .
Accenture studied some medium and large Italian organisations , pioneers in the production and manufacturing sectors . Through this study , an incredible awareness has emerged on the significance of the digital transformation around us , yet a feeling of doubt and dissatisfaction with results .
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