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HANNOVER MESSE 2019, 01 - 05 April
Homepage>Conference program >Do not make your machines smart-opportunities & risks of cloud-based Industrial IoT business models

Do not make your machines smart-opportunities & risks of cloud-based Industrial IoT business models

Location & Language

Hall 6, Stand E46

Language

English

Event Details

Type of event

Lecture

Topic

Industrie 4.0

Event Host

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Description

Industrie 4.0, has the declared goal of customer-oriented interaction in cross-company (global) value creation networks. IIoT platforms provide the technological framework for cross-manufacturer networking of production processes and the implementation of new business models.  The heterogeneity and lack of standardization in the industrial sector and especially in mechanical and plant engineering confront SMEs in particular with difficulties. Digital applications should help users to analyze and optimize manufacturing processes. It is therefore inevitable to develop use cases and digital business models jointly with partners, suppliers and end customers. This is the way to ensure added value and monetization. But it is only through cloud-based solutions that the full potential of IIoT can be leveraged. Starting with cost and efficiency advantages, through worldwide availability of analyses for decision making to machine learning - the possibilities are huge!

Speaker

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