Benefits of Digitalization for Manufacturing

Posted by Kari Grosser on Dec 7, 2017 10:10:00 AM

digitalization.jpgFrom supply chain management to production monitoring to customer service, digitalization is transforming all aspects of industry and unlocking global opportunities for value creating.

 

 

Customers that have embraced digital transformation are 26% more profitable than their average industry competitors and enjoy a 12% higher market valuation.

-MIT Center for Digital Business

Benefits of Digitalization for Manufacturing

  • Integration and Visualization
  • Development of a industry ecosystem
  • Improved resource utilization
  • Data analytic-based operations
  • Asset performance optimization

3 Steps to Digital Transformation

1. Set Strategies

Identify business goals, strategies and expected out-comes, then define measurable improvement KPIs.

2. Establish an IIoT Plan

Develop a plan for implementing IIoT devices, protocols, platform services, and applications to connect all your devices and services together.

3. Develop an Ecosystem

Integrate MES, CRM, and ERP systems to digitally transform supply chains into an interconnected system comprising ecosystem partners and vendors. 

 

Learn More

 

 

Topics: Embedded Automation Computers

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