1. Improved operational efficiency
Optimization of equipment, software and people has a positive impact on productivity and quality. At the same time, data-driven processes create a reduction of production errors and thus lower costs.
2. Customer driven development
Digitalized and automated processes provide new ways to offer products and services that can generate new revenue source and increase margins. Better ways to design and create your production processes can further extend the understanding of customer needs and improve the business offer.
3. Transparency of information
Sensors create a virtual copy of the physical world making it easier to get a correct picture to make decision on.
4. Product development
As intelligence is added to production, it can result in significant cost savings, the possibilities go beyond optimization. As less manual work is required in production, people can focus on developing new ideas related to future products and services.
5. New business models
Data-driven processes change how people interact with machines. Because less manual work is required in production, people can focus on developing new ideas related to products and services.