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The IoT Imperative for Discrete Manufacturers - Automotive, Aerospace & Defense, Industrial Machinery and High Tech
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2.
2 / 3 Digital Transformation, Innovation, and
the IoT By 2018,“nearly one-third of industry leaders will be disrupted by competitors that are digitally-enabled.” So says the IDC white paper, sponsored by SAP, about the Internet of Things imperative for discrete manufacturers.* Change, in other words, is afoot for organizations in the automotive, aerospace and defense, high tech, and industrial machinery and components industries. To win in this envi- ronment of change, discrete manufacturers are pursuing digital transformation with a focus on the opportunities presented by the Internet of Things (IoT). INNOVATE AND WIN THE CHANGE The mission for your company is to transform what you design, build, sell, and service. IDC recommends that companies: Stay focused on creating business value. Remember that technology is an enabler for reimagining business models, creating new products and services, and engaging customers. Invest in key digital scenarios. Start by identifying IoT scenarios that deliver value in areas such as cost savings, asset effectiveness, process automation, and revenue generation. Integrate new technologies now. Move quickly to reap advantages such as improved asset and product performance visibility, insight into customer behavior, and better quality management. By 2019, 75% of large manufacturers will update their oper- ations and operating models with IoT and analytics-based situational awareness to mitigate risk and speed time to market.* *IDC white paper, sponsored by SAP, The IoT Imperative for Discrete Manufacturers: Automotive, Aerospace and Defense, High Tech, and Industrial Machinery, May 2017. © 2017 SAP SE or an SAP affiliate company. All rights reserved.
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3 / 3 Prerequisite: IoT Capabilities Internet
of Things capabilities include connectivity, Big Data management, analytics, and cloud technology to make assets and products smarter for IoT-based business models.These capabilities address IDC’s key value generation scenarios for success with the IoT: Product and service innovation: Pull in product performance data from sensors to optimize future product design and im- prove service delivery Quality improvement: Use digital twin technology to build virtual process, product, and service models that can help improve quality Strategic asset manage- ment: Reduce downtime and improve customer satisfaction using IoT, visualization, and analytics technology to predict issues and take proactive action Resilient lean: Improve operational efficiency and cut costs with IoT technologies that support real-time scheduling, energy management, and materials optimization Omniexperience customer engagement: Build relationships of trust with a 360-degree view of customers across sales, marketing, product man- agement, production, and service YOUR PARTNER IN IOT-ENABLED GROWTH At SAP, we understand discrete manufacturing, the digital customers you must engage, and the role of technology in helping you succeed. Download the IDC white paper to learn more about the unprecedented growth opportunities in your industry – and then come talk to us. © 2017 SAP SE or an SAP affiliate company. All rights reserved. www.sap.com/ManufacturingIoT
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© 2017 SAP
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