"Industry 4.0, or the Fourth Industrial Revolution, is set to revolutionise the manufacturing and production industry by integrating the Internet of Things (IoT), cloud computing, data integration and other technological advances into the heart of production and manufacturing systems."
There's no doubt that Industry 4.0 is coming for the manufacturing industry – and with it, big changes. The ultimate goal of Industry 4.0 is the "smart" factory, in which "cyber-physical systems (CPS) will monitor the physical processes within modular structured factories, and a virtual copy of the physical world will be mined for data in real time, enabling decentralised decisions" (Source: The Manufacturer).
Simultaneously, there are changes afoot in the sales and marketing environment – the go-to methods simply don't work as well as they used to. Today, more and more business is conducted online and, to put it simply, no one wants to talk to your sales team – at least, not to start with. The power has passed into the hands of buyers, who want to ensure they are informed and educated about their needs before they speak to a sales person. In fact, according to a survey carried out by Forrester, 74 per cent of B2B buyers conduct more than half of their research online before making an offline purchase.
So, what to do?