Business model of Industry 4.0

Business model is very important for manufacturing industry. Then, in the era of Industry 4.0, what is the business model of the future manufacturing industry? Is to solve customer problems. Therefore, in the future, manufacturing enterprises will not only sell hardware, but also obtain more added value by providing after-sales service and other follow-up services, which is soft manufacturing. The system with "information" function has become the new core of hardware products, which means that personalized demand and mass customization manufacturing will become the trend. Entrepreneurs in manufacturing industry should increase the added value of products as much as possible, expand more and richer services, put forward better and more perfect solutions, meet the individual needs of consumers, and weaken the road of manufacturing+personalized customization.