What do you think is the biggest challenge a startup faces using Industry 4.0 technologies?

Question

I'd like to draw your attention to the common challenges that startups face when implementing new technologies in their businesses. Mentioning some of them:

- IoT or Internet of Things
- Artificial Intelligence (AI)
- Big data and analysis
- Cloud Computing
- Augmented reality

I read your comments

Jennifer · Accepted Answer

Serving a real need is always the biggest challenge. 
Many companies have struggled when focusing on the technology VS the people that will use them.

Yenire leal · Answer

@jennifer00 I agree. To use these technologies, you must first know what need exists and that the market can benefit from these solutions.

Answer

The biggest challenge a startup faces using Industry 4.0 technologies is navigating the complex intersection of initial high cost of implementation, requisite specialized skills for effective use, concerns about data security, and the necessity of achieving scalable integration with existing business processes while maintaining productivity.

What do you think is the biggest challenge a startup faces using Industry 4.0 technologies?

Replies