Tag: Digital Business Model

With the transforming global markets and market comparability, market rules constantly change – also in the heavy industry. Production plants expect high machine reliability, state-of-the-art products and services, as well as cost-efficiency. The pressure in the heavy industry is high, so are the expectations. Machine manufacturers face the challenge of increased competition, low-cost suppliers, interchangeable…

Continue reading Market differentiation – how machine manufacturers can stand out from the market with Predictive Maintenance

The world is constantly changing, and digitalization is one of the factors that is driving changes in various industries and sectors. Digitalization refers to the use of digital technologies to enhance or automate processes, and it has had a significant impact on the way we live and work. Inspired by the London trip, Michael explains…

Continue reading Predictive Maintenance – how to get there and arrive. What a city trip has in common with Predictive Maintenance.

To build a global industrial IoT solution, the considerations of system architecture must choose between a centralized and a distributed data processing allocation. That is to choose between cloud and edge computing. On an earlier article, we have presented the main challenges when building a global industrial IoT solution and highlighted the benefits of cloud…

Continue reading Cloud vs. Edge Computing – Why a hybrid version will do its best for your Predictive Maintenance Solution

IoT and Predictive Maintenance technologies open new doors to new business models. Thanks to these technologies, machine data can be made available 24/7 and allow machine manufacturers to learn from data to create added value for their customers with new products and unique services. However, many people doubt the benefits promised by Predictive Maintenance. Implementing…

Continue reading The newspaper at the front door is not enough. Change your business based on Predictive Maintenance.