In the context of the manufacturing industry, connectivity means sending data from production machines and entire lines into the cloud, where the data is modified. Adapted data sets generate insights and are ready for analysis, monitoring. The goal is to optimize and automate production processes to increase the Overall Equipment Effectiveness.
When focussing on the efficiency within the value chain, most manufacturers have a good idea of the general dynamics of full digital connectivity. Machine – Cloud – Magic.
But value can also be generated when opportunities within specific groups, as employees, customers, suppliers and even more participants, are opened up. These opportunities hold excellent potential for growth in our ever faster-shifting markets, customer needs and infinite competition games.