New Business Models in the Manufacturing Industry
How to expand value and get more from your core business
Advantages for You as a Manufacturing Company
New Value Streams
Networked products provide the starting point for new growth areas. At the same time, new data is obtained that offers great innovation potential, e.g., for the digital refinement of existing or entirely new products.
Lot Size One
Produce individually for each customer. With the right IT architecture, targeted production control becomes possible, enabling new flexibility and product variation.
Service as a New Growth Driver
Stay in business with your customers after the sale. Use data from connected products to develop new digital value-added services with and for your customers.
Leverage Platform Economy
Use your data treasure and networking with third parties. Whether your own platform or new business on existing platforms. New growth markets are waiting for you in the digital world.
Your Products in a New Context
Network your products with third parties and develop holistic solutions for your customers together with partners. Future growth also comes from cooperation.
Software Complements Hardware
Networking also creates new opportunities to develop digital products. Software solutions scale cost-effectively and harbor revenue potential.