S4: Industry 4.0 & blockchain: the era of new models

Action plan

 

Grand-Est industries

Threats Opportunities Challenges Actions
New technologies Increased IT security risk (IoT and BC develop massively)

Europe loses ground to the US and China: more drastic regulation (GDPR) 

Risk of dependence on technology providers (which become the ones setting terms)

Fragmentation of solution providers, which reduces their visibility (start-ups vs. big tech)

Pressure on time and on personalisation (rental)

Monitoring by large groups (control over productivity by client companies)
Consumers have greater confidence in the use of data (European regulation, empowerment)

New technologies provide access to larger markets and the development of smart manufacturing

Development of smart data, customer listening (multichannel marketing), customer experience.

A more favourable balance of power with start-ups than with big tech

Tokenization of know-how offers new opportunities for value creation

Possibility of pooling access to technologies
Ability to remain competitive despite a restrictive regulatory framework

Ability to access new technologies in a context of dependence on American and Chinese leaders for access

Establishing a win-win relationship of trust with the new start-ups  
Calling on external experts to optimise systems according to regulatory constraints

Participation in the Grand Est Blockchain-AI IoT 5G Plan (Region)

Running one-off trials with certain start-ups to gauge the possibilities of larger-scale collaboration

Financial aspects

The proliferation of tokens leads to high volatility. 

Heavy investment in technology with an uncertain ROI 

Fragmentation of shareholders, leading to horizontal governance in real time (private individuals via fintechs)

Limited financing capacity, pressure on costs, etc.

Competition between SMEs
Funding opportunities through Europe, local authorities, ICOs and fintechs

Reduction in transaction costs

Less dependence on a single client company
Ability to incorporate new financing logics (financial innovation)
 
Ability to make the transition between traditional models and new technologies (financial, human and transformation costs)

Introducing more horizontal governance

How to secure margins in real-time decision-making, without being certain of having the human resources
Identifying and optimising sources of funding (State, Europe, fintechs, ICOs, etc.)

Creating technology purchasing cooperatives to pool expenditure

Identifying pivotal investments (core business vs. new technologies) 

Carrying out lessons-learned reviews on implementing horizontal governance

Long-term factory leasing rather than investing (SMEs become service providers). 

Business Model

More demanding consumers (technology, ethics) require rethinking the offer

Cost of rethinking the business model and the value chain (functional economy, rentals)

By subcontracting to SMEs, large groups may lose their raison d'être

Difficulty for SMEs in securing margins (real time, lack of resources).
Customer as partner (co-development)

Focus on the end consumer (no more need for intermediaries) 

The customer pays more but is more specialised 

Development of open innovation

Tokenization of know-how and services provides new resources
Ability to build partnerships with customers and technology start-ups

Ability to listen to the individual customer in order to build the offer (moving from BtoB to BtoBtoC)

Establishing a rental culture

Renting out means of production
Connecting industrial projects (needs) with digital incubators and solution providers.

Analysing best practices regarding collaboration with the customer

Developing a customer-oriented information system

Supporting the cultural change through training and communication

Production processes

Increased risks of cyberattacks given the growth of IoT 

Mistrust of open data. 

GDPR risks limiting the development of IoT 
Emergence of a European standard (M2M technology transfer)

The development of IoT has a positive impact on the entire value chain

Development of digital twins
Guarding against the security risks linked to the growth of IoT

Ability for all players in the sector and in the production process to develop IoT while complying with GDPR constraints

Developing a culture of machine-to-machine data sharing between manufacturers
Investing in and monitoring cybersecurity

Deciding between recruiting a Data Protection Officer and external outsourcing
HR Financial and social costs of adapting HR to technological change 

Unemployment rising to 15% (social unrest)

Loss of the HR function in favour of the purchasing function (contracts with freelancers)

Labour costs rise in order to capture scarce resources (bidding wars for talent).

Fragmented HR, more complex to manage
The shift from employee to freelance status increases flexibility

Virtual open space, holograms for remote working.

Overall reduction in the volume of HR to manage
Anticipating and supporting new skills needs 

Deciding between outsourcing and in-house development of key skills
Ability to manage the transition from employment to freelancing 

Attracting and developing key skills in occupations in short supply (data scientists)
Conducting genuine sector-wide workforce planning linked to the impact of new technologies on skills needs 

Redirecting training towards rental and subscription marketing 

Setting up training plans to develop the skills linked to new technologies 

Adapting all HR processes to the shift from employee to collaborator

Pooling scarce skills

Actions to strengthen the regional attractiveness of the Grand Est 

Outsourcing HR 

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