It enables new possibilities, new business models and new opportunities.” It’s a real shake up of what we believe about industry. “I am on the same side as those who think it will be significant.
“There is much debate around the world about exactly how big this industrial revolution will be,” Harari said. “Thanks to these strong fundamentals, we are massively enriching our offer, leveraging the latest technologies and integrating best practices to entrench Lectra’s position as an Industry 4.0 visionary.
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“To meet these new challenges, our customers can depend on our software and equipment offer, already compatible with Industry 4.0 principles, our deep knowledge of the industrial Internet of Things since 2007, and our team’s expertise in specific industries,” Harari said. The company has 40 years of experience in electronics 10-years of experience in the industrial Internet of Things a strong business expertise and a finely-tuned combination of machines, software and services - all components Harari believes are need to build an effective Industry 4.0 strategy.
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The company spent three years gathering data from its more than 3,000 Industry 4.0 compatible machines in operation at some 2,000 production sites plus a further three years analyzing the data. So far, Harari feels very happy about the decision to keep manufacturing in France.īy deciding to embrace the idea of Industry 4.0 in its infancy, Harari believes Lectra is well positioned to help its customers be successful. Income from operations increased 18 percent, and net income was up 14 percent in 2016.
In 2016, Lectra posted record financial results with revenues of 260 million euros ($277 million) - a 10-percent increase over 2015. The company enriched its software offerings and developed leading-edge innovations for its technology. Harari stated he felt there had to be a way to make manufacturing in France profitable and keep jobs in France, and the company set about rethinking the way forward.ĭuring the four-year period from 2013-2016, Lectra invested 86 million euros ($92 million) in research and development, which represents 9.4 percent of the company’s revenues. Lectra CEO Daniel Harari said the company decided to embrace Industry 4.0 and invest heavily in research and development several years ago during a time when the company was on the cusp of moving manufacturing to Asia. The manufacturers will be able to communicate with computers rather than operate them. This becomes possible by introducing self-optimization, self-cognition, and self-customization into the industry. The machine rather becomes an independent entity that is able to collect data, analyze it and advise upon it. Machines will operate independently, or cooperate with humans in creating a customer-oriented production field that constantly works on maintaining itself. It builds on the third industrial revolution in computing and automation (See Figure 1) and includes cyber-physical systems, the Internet of things and cloud computing to create - in Industry 4.0 lingo - smart factories. Industry 4.0 refers to a current manufacturing trend of automation and data exchange, a fourth revolution in manufacturing. Figure 1: Illustration of Industry 4.0 showing the four industrial revolutions. In German-speaking areas, this revolution continues to be known as Industry 4.0 although other countries have given their own names to the concept. Paris-based Lectra intends to hold its status as a world leader in integrated technology solutions - software, CAD/CAM equipment and associated services - and to that end, has embraced the concept of Industry 4.0, a term first coined by the German government as part of an initiative to enhance the country’s manufacturing competitiveness. Left: Lectra’s International Advanced Technology and Conference Center (IATC) in Bordeaux, France, is an innovation hub dedicated to its customers who may experience Lectra’s most recent innovations and perform tests under their own production conditions at the center.Ĭommitted to Industry 4.0, Lectra offers customers finely tuned integration between equipment, software and services.
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