A typical big vendor software claims to be the magical solution to transform a factory from traditional to Industry 4.0. But in reality, the money spent will result in a 48-month installation process with a 73% failure rate.
Beyond the cost in time and money to your company, the current approach to manufacturing has real environmental and socio-political consequences. Industry is responsible for 35% of all CO2 emissions. In high-cost countries, nationalism is a direct result of technological advancements pushing low-skilled workers out of their jobs. And in low-cost countries, delocalization has led to the use of literal slaves.
We at OSS Ventures decided to do something about this.
In short, we provide outsized value to manufacturers who want to change for good.
Over the last two years, we have visited more than 250 factories and identified a proven method for implementing Industry 4.0 solutions. We are more than 100 professionals now, and our products are live in over 200 factories.
In the next 10 years, European manufacturing must turn around its current decline, or become irrelevant on the world stage. We won’t settle for factories in which IT is synonymous with an old guy alone in a dark room full of servers. We won’t settle for factories in which blue collars have outdated technologies and cannot imagine digitization because it seems so impossible. Factories need to become cool again, to attract the technological talents who are choosing to work for startups rather than manufacturers. Most importantly, factories need to become a place where the brightest minds of our generation can thrive, and invent solutions to the challenges this world is throwing at us.