Most manufacturers still operate under Ford\u2019s philosophy: \u201cAny customer can have a car painted any color he wants so long as it is black.\u201d
\nIt doesn’t work, though.<\/p>\n
In the past, it wasn\u2019t a big deal for industry leaders to avoid personalization. Today, however, consumers are getting more vocal with their demands for custom goods and ultra-personalized services. And when a company fails to deliver that, it automatically loses in the battle with a competitor that offers a more tailored customer experience.<\/p>\n
Modern smart factories are data-driven, populated with sensors and industrial IoT systems, have augmented teams of humans and robots on the floor, or even function autonomously with the lights out.<\/p>\n
As Industry 4.0 failed to accept the increasing demand for personalization, Industry 5.0 aims to amend this.<\/b><\/p>\n","protected":false},"excerpt":{"rendered":"
Most manufacturers still operate under Ford\u2019s philosophy: \u201cAny customer can have a car painted any color he wants so long as it is black.\u201d It doesn’t work, though. In the past, it wasn\u2019t a big deal for industry leaders to avoid personalization. Today, however, consumers are getting more vocal with their demands for custom goods […]<\/p>\n","protected":false},"author":15,"featured_media":57180,"parent":22599,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"footnotes":""},"acf":[],"yoast_head":"\n