IoT is about connecting things, extracting data, contextualizing it and make data-driven decisions. This particularity allows to create new data-driven services and monetize them (by reducing operational costs or selling the new service).
We have created dozens of solutions since 2012 for our customers in order to:
MONETIZE DIGITAL SERVICES around the products, creating a new revenue stream for the company.
REDUCE COSTS thanks to remote access to the assets, monitoring performance, alarms, historical use and saving from deploying people for actions that can be done remotely or auditing its use for warranty management.
IMPROVE QUALITY IN PRODUCT DESIGN thanks to remote monitoring of the actual use done by product end users .
CONNECTED PRODUCTS SERVICES (access to products data)
INTEGRATED PRODUCTS SERVICES (Integrated with IT Systems)
SMART PRODUCTS SERVICES (Using Advanced Analytics (AI/ML))
PRODUCTS SERVITIZATION (New Business Model)
STAGES OF IoT
INDUSTRY 4.0 MATURITY INDEX CHART
We deliver solutions for Industrial application of data-driven decisions taken. While every consultant tries to re-define the Industry 4.0 concept, we use the definition from the original source: Acatech (co-creator of the concept for the German Government).
Industry 4.0 definition is not based on technologies to be used but on what to do with the extracted data. This is the only single thing all factories look for.
TO REDUCE COSTS by having a complete visibility of what is happening in the factory and crossing the data extracted from there with the rest of IT systems, also applying advanced analytics up to the self-optimizing process of the Company. This process will dramatically drive customers to a complete hyper-performance of their operations, acquiring an inimitable competitive advantage in the use of time, raw material, processes and people.
ACATECH DEFINES INDUSTRY 4.0 FROM THE 3RD STEP NEEDED IN THE “INDUSTRY 4.0 MATURITY INDEX”. COMPUTERIZATION AND CONNECTIVITY IS CALLED “DIGITIZATION” AND IT IS NOT INDUSTRY 4.0.
INDUSTRY 4.0 IS ABOUT DATA AND USES IoT, BIG DATA, BUSINESS INTELLIGENCE ANALYTICS AND AI/ML AS MAIN TECHNOLOGIES. A UNIFIED NAMESPACE IS CREATED IN ORDER TO ALLOW IT, WHERE EVERY SYSTEM IS DECOUPLED AND EASILY EXCHANGEABLE.
VISIBILITY (what happens?)
TRASPARENCY (why happens?)
PREDICTABILITY (what will happen?)
ADAPTABILITY (how can autonomous reaction take place?)