We want Digitalization of Our Products! Which Way should We Choose?
Time to Read 3 min
Industry 4.0, Internet of Things, IoT, IIoT, digitalization: the idea has many names. But what does it mean for you in concrete terms? For your products? Many "solutions" that are offered are of the type: "here's the solution, where's the problem?". Should you leave digitization to the technologists? This is probably the biggest mistake, leading to expensive "solutions" that miss the mark.
We find that the Internet of Things (IoT: Internet of Things) is often less a question of the technical solution, but a question of which products, functions and services one wants to offer. Of internal processes and organizational issues that need to be adapted. Of new revenues, which replace existing profits. In short: of business models and business strategies.
Once these have been identified, it is usually comparatively easy to implement a technical solution. Above all, because digitalization is actually an evolution, not a revolution. The technical prerequisites are all there, you can help yourself to the construction kit.