By themselves, industrial companies and mechanical engineers won't be able to compete against the combined IT expertise of software giants like Amazon or Google or reach the standard of AI other industries have achieved.
The answer lies in a cooperative approach of building a digital ecosystem with established machine builders, suppliers, technology companies, startups and leading research institutions.
This is about more than just being first, it's about moving Europe as a whole, and the European manufacturing industry, forward through AI-powered manufacturing efficiency. To reach this goal, we must put aside the idea of competition, and realize that only with an open mindset and focus on mutual support and partnership, we can succeed to create valuable cooperation and coopetition.
Knowledge sharing and innovation
Knowledge sharing is a resource proven to generate digital innovation. In a study conducted by The International Journal of Advanced Manufacturing Technology, they state, “Effective knowledge sharing drives organisational and individual learning, which in turn speeds up and improves the quality of product innovation.”
If you feel motivated to tackle the topic of co-creation in your own company, you can do so together with us. We would love for you to join us in building a powerful European ecosystem to push AI-powered manufacturing efficiency further.