Consolidate, compile and consume product models and configuration data on a shared-source-of-truth available to any user, at any location at any time.
Every business needs to keep growing by innovating or risk seeing their core markets shrink by 60% or more in three years due to rapid advances in digitization according to IDC. Digital technologies are enabling entirely new ways of optimizing existing business strategies & models and grow ... Read more
Recognizing that customers are co-creators in the creation of new products and want the freedom to define custom configurations at a competitive price, manufacturers are quickly adopting digital transformation. Defining and excelling at a digital transformation strategy needs to start with the ... Read more
Closing the gaps that exist between customers’ changing needs for configure-to-order products and manufacturers’ ability to deliver them is where the Industrial Internet of Things’ (IIoT) greatest opportunities for growth are today. Manufacturers are transitioning from product-driven revenue to ... Read more
Bottom Line: IoT lessons learned on the shop floor transfer to new product development and are fueling the next generation of smart, connected products. Capgemini predicts by 2020 47% of all products will be IoT-enabled, capable of supporting new product-as-a-service business models.
Accordin ... Read more
Discrete Manufacturing, Transportation and Logistics, and Utilities will lead all industries in IoT spending by 2020, averaging $40B each.
Bain predicts B2B IoT segments will generate more than $300B annually by 2020, including approximately $85B in the industrial sector alone.
The Internet of ... Read more
85% of manufacturing executives understand the criticality and support digital transformation initiative sand development in their companies according to a recent study from Jabil.
18% expect digital transformation to accelerate faster than predicted across manufacturing due to the many custome ... Read more
What if, instead of showing a customer a few products that meet a few needs, you provided a comprehensive solution that met all their needs? This is the essence of the Internet of Things (IoT): thinking beyond a single product purchase to become an integral part of the customer’s life. Take, fo ... Read more
