IoT Connected Data-Driven Operational Excellence.
Industry 4.0 and the industrial internet of things are here, and there is tremendous value at stake. Within the modular structured smart factories, cyber-physical systems monitor physical processes, create a virtual copy of the physical world and make decentralized decisions. Over the Internet of Things, cyber-physical systems communicate and cooperate with each other and with humans in real time, and via the Internet of Services, both internal and cross-organizational services are offered and used by participants of the value chain.
Leaders of traditional capital-equipment, process and consumable suppliers turn to Accredent to rethink their business models and respond with new data- and software-enabled operations and services.
ata exchange in manufacturing and process technologies
Implemented correctly, connected data-driven operational improvements supercharge lean to reduce or eliminate valueless operational activities in ways never before possible. Utilizing sensors and data models to take cost out of wait time, optimize transportation, control inventory, prevent overproduction, reduce defects, and improve flow through across the value chain.
Improve Reliability and Increase Utilization Rates.
For downtime-sensitive applications predictive-maintenance services increases equipment reliability. Equipment providers can analyze customers’ equipment data and provide services to improve performance: the potential increase in productivity through optimized, data-driven operations for customers can drive productivity increases of up to 30 percent.
Align Digital Experience and Digital Operations for Better Agility.
New modern connected customer journeys form as on-line, physical, and product customer experiences merge seamlessly into one experience - pre-sale, post-sales, and re-sale - across the entire brand journey and value chain. Each customer journey touch-point captures insights about points of friction and opportunities to improve customer experience, these insights inform operational improvements to remove friction and improve experience - this virtuous loop of insights and improvements becomes the source continuously improving business agility and transitional competitive advantage. This is the where all business is migrating in one form or another.
Innovate and Improve Business Models.
Connected data-driven business models allow companies to strengthen their ties to the customer and create new revenue sources. A thoughtfully planned and well executed connected data-driven and customer experience-driven business model can change the basis of competition and creates
sustainablestructural advantages that can take even the best "fast follower" several years to emulate.
Research by Sweden's Tele2 (Nasdaq: TLTO) concluded that lack of a clear connection to the business and the customers is a far greater barrier to IoT success than any technology concerns. Failure to successfully connect IoT and data analytics initiatives with the business can be devastatingly expensive in terms of lost opportunity, failed investment, and stalled momentum... ➤
Connected Data-Driven Innovation and Enterprise Value?
A fundamental value creation challenge is finding innovation that changes the basis of competition and creates structural advantages that, in turn, creates sustained enterprise value. Even the most creative business ideas can fail this value creation test when the innovation discussion centers solely on creating value through operational process, products, services or market innovation... ➤
IoT Connected Data-driven Digital Operations.
Validate and refine Internet-of-Things strategies and initiatives. Support engagement of board, employees, and business partners.
Formulation and Deployment.
Target, plan and execute sustainable growth and value creation around technology innovation and market disruption.
Deliver strategic options, untapped growth opportunity, profit & value drivers, entry strategy & deployment, financial support.
Customer Experience & Business Model Innovation.
Guide strategic innovation, business model innovation, value innovation, CX innovation, and offering innovation initiatives.
Organizational Engagement Strategy.
Establish "case for change." Guide organizational alignment and design. Buy-in and implementation support.
Enterprise Value Management.
Perform business and product line valuation. Advise on value-based management. Guide Financial Strategy.
Take action with a confidential discussion.
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