Digitalization is disrupting the manufacturing industry – changing the dynamics of competition and what it takes to be an industry leader. Embracing digitalization means becoming a digital enterprise that leverages the Industrial Internet of Things (IIoT) to develop a large, sustainable competitive advantage. To get the most impressive results, companies need to act now or risk future growth.
This paper takes an insightful look at IIoT and how it is rapidly changing how companies must operate in order to more fully monetize their assets and operations. Key points covered include:
- Industry trends, including the evolution of new business models
- Challenges facing digital platforms
- Developing a digitalization strategy to meet your needs
- The importance of choosing an open platform