Tag: IoT

How CLM Is Digitally Transforming Manufacturing

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

Digitally Transforming Every Customer’s Experience To Excellence

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

Smart, Connected Products Need Digital Transformation To Succeed

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

Creating New Digital Manufacturing Businesses To Drive More Growth

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

Why Every Manufacturer Needs Digital Transformation To Grow

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

How Digital Transformation Is Revolutionizing Manufacturing Today

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

The Three Biggest Organizational Changes That Remove Purchase Barriers

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