Why Industry 4.0 and Smart Products?
Why is digitalisation important? Why should it be on the roadmap for my business? What are smart products? Why should I care about them? The articles in this library provide you with background reference material on a range of “why” subjects, from assessment of the significance and importance of Industry 4.0 through digital transformation strategy to business case studies and market surveys. If you don’t find what you’re looking for here, then contact us. Our members have a wealth of additional information available.
The full economic consequences of the coronavirus pandemic are far from being understood, but it is already clear that there will be lasting if not permanent changes to global trade. Industrial Digitalisation will play a key role in helping manufacturing companies survive the coming turmoil.
Understanding the ability of software to generate value is utterly key to successful digitalisation and not a core competence widely present amongst the leaders of High-Tech industry.
For the last 30 years innovation has been driven by hardware, with software playing an enabling role. Today, the move towards large scale digitalization is reversing these roles, with software driven innovation and hardware becoming increasingly commoditized.
The ability to use software to drive innovation is a key component in the digitalization strategy of any business. High-Tech Software Cluster companies are involved in developing some of the most advanced, smart software in the world, enabling their customers to rapidly benefit from digitization and gain competitive advantage in their markets.