Digitalization for Manufacturers
Discover More about Digital Transformation
The short definition of digitalization is the process of capturing data from data-producing sources and converting information into a digital format that can be processed by computers. This information can be physical work records, objects, visuals, and audio files that can be converted into digital representations that a computer can work with. Digitalization is a crucial step to processing data of any form because it allows information from diverse sources to be integrated into a digital platform or environment where processing takes place.
Servitization for Machine Builders
Discover More about Product-Service Systems
Servitization refers to the services an enterprise provides to support the optimal functioning of the conventional products or goods the enterprise sells to its customers. To bolster flattening revenue growth, due to a reduction in productivity and the Covid-19 pandemic, and to seek other sources of income, equipment manufacturers within the manufacturing industry are embracing the concept of servitization.
Remote Monitoring
Discover More about Remote Management
Remote monitoring is another important Industrie 4.0 business model which relies heavily on the digitalization of the factory floor. At its core, remote monitoring focuses on supervising and controlling diverse aspects of an industrial process from any location, using industrial digitalization solutions. These processes could be the condition of a machine, the condition of shop-floor operations, or even the interrelated relationships such as a material-handling system’s effect on shop-floor traffic.
