Track: Healthcare Systems

Abstract

Adoption of Industry 4.0 is a complicated process, however, gradually following its steps, an industrial company can successfully compete in competition race and become an industry leader. Industrial companies face similar challenges which lead to lost profit: high LTIFR, unscheduled equipment downtime, and a long time of scheduled maintenance. Solutions based on immersive reality (digital models and VR simulators) allow solving these problems.

Immersive technologies have matured enough to be adopted and integrated into production processes, and industrial companies are increasingly implementing solutions based on these technologies. An analysis of the practices of introducing industry 4.0 approach shows that an average company needs at least two years to completely change the processes within a company. Technology consulting significantly streamlines the adoption of immersive technologies. Two months of consulting help define what kind of solution is needed in each particular case, what KPI can be achieved, and evaluate how reasonable it is to implement the solution. On the next stage, a minimum viable product (MVP) is developed (average duration of the stage is 8 months). Within this stage, the company understand how well the technical implementation of solution meets the expectations. Only after that all-embracing deployment and further scaling are safe to start.

The analytical work is based on multiple successfully completed projects for the development and implementation of solutions for industrial companies. The report contains practical recommendations on how to start integration of VR/AR technologies and digital twin solutions, elaborates implementation stages, explains the author’s approach to the methodology, including the timelines and implementation process, and emphasizes complex and important phases of the process, which are important to pay attention to during implementation.