Companies can offer their products in a completely new way

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bhasan01854
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Companies can offer their products in a completely new way

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This not only makes them more service-oriented, but above all it allows them to remain internationally competitive. We can see very clearly that the real revolution of Industry 4.0 is not just taking place in production, but in business models. Every company should therefore put its business model to the digital test."

The majority of industrial companies that are changing philippines gambling data products or services as part of Industry 4.0 are relying on platform-based business models. 83 percent are developing or further developing digital platforms themselves.

Products can be sold on them or customers can be connected with suppliers. 43 percent have introduced pay-per-use models: This allows a machine manufacturer, for example, to shift its focus away from purely selling equipment. It can bill for the use of a machine as a service depending on requirements : the more the customer produces with the machine, the higher the profit for the machine manufacturer.

The company can then use the data obtained to offer new services, for example when it comes to predictive maintenance. "Smart products are the basis for new business models," says Berg. At least 14 percent of the companies surveyed, in which new products and services are being developed as part of Industry 4.0, are already using such data-based business models.

Overall, 92 percent of Industry 4.0 users and planners surveyed stated that they were pursuing a strategy regarding Industry 4.0 either for individual areas of their company or for the company as a whole.
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