How Cloud Solutions Help Industrial Manufacturers Transform
“Make sure that you keep agile, that you keep flexible, that you have the capabilities in your organization to change rapidly and that’s where cloud comes to play.
Matthieu van Bilsen, Global Partner, Discrete Industries, IBM Industry Center of Excellence
It has been a common urban myth that industrial manufacturers have historically been slow to adopt new technologies. In fact, the manufacturing industry has transformed especially within the last decade and been on the forefront of manufacturing automation and device connectivity. Yet, with the advances in technology they recognize they must continue to make changes to remain relevant and competitive. So now, industrial manufacturers are looking to cloud solutions to help them become more agile and respond more quickly to new challenges and opportunities across the entire value chain. Several approaches that bring this to life and allow for differentiation include: 1) moving core processes to the cloud and 2) innovating with modular, industry cloud solutions.
Markets and consumers are moving toward subscription and outcome-based business models, but these models are a bit more complex for industrial manufacturers. Services and subscription models have become much more critical and need to be supported. Understanding what customers are actually using is critical with these models, to ensure the contracts are set up correctly and to ensure profitability. With cloud solutions there is the benefit of connectivity across the entire value chain and access to real time data and analytics to support better decision making. When faced with unforeseen situations, manufacturers can test, gather feedback & learn, iterate, and implement change at scale with greater speed and efficiency.
How can industrial manufacturers prepare for change and remain flexible to adapt when faced with a crisis? How can they drive innovation and communicate value to their customers? What about sustainability, tracking and tracing products across the value chain to support the circular economy and how can the cloud solutions support these efforts?
Tune in as I am joined by Matthieu van Bilsen of IBM for an interactive discussion of how cloud solutions have helped industrial manufacturers to transform.