Fostering Innovative Industry 4.0 Value Networks

The unprecedented transformation entailed by Industry 4.0 for the manufacturing, logistics and utilities sectors requires new value generation models among different actors in the technological and production value chains. Industry 4.0 technologies are highly disruptive (Cyber-Physical, Industrial IoT and 5G production systems, Artificial Intelligence, Digitization of operations, etc.) and being developed by organizations focused on technological innovation such as startups. Nevertheless, established organizations pursuing their transformation are anchored to traditional production processes, with high resistance to change and significant inertia. Exploiting the potential of technology in actual production environments requires creating innovative value networks that orchestrate and articulate the process. In this context, we have developed a methodology to assist in the creation of those value networks. The methodology is based on a series of collaboration and co-innovation steps that break and blur organizational barriers to accelerate this transformation.