Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

0

Share

Download to read offline

Industrial Machinery Digital Industry Podcast

Download to read offline

Listeners can count on this episode of Digital Industries, co-produced by SAP and S.M.A.C. Talk Technology Podcast, for hard-hitting analysis on not only the technology but also how it relates to business and the future of work in the industrial machinery and components industry

Related Audiobooks

Free with a 30 day trial from Scribd

See all
  • Be the first to like this

Industrial Machinery Digital Industry Podcast

  1. 1. PUBLIC Georg Kube, Global Vice President - Head of Industrial Machinery & Components Industry Business Unit, SAP With hosts Daniel Newman and Brian Fanzo Digital Transformation in the Industrial Machinery and Components Industry. June 2017
  2. 2. 2PUBLIC© 2017 SAP SE or an SAP affiliate company. All rights reserved. ǀ The digitalization of business across all industries is happening rapidly, and there is no turning back. Companies are looking for new ways to deliver value to their customers using digital channels and creating personalized, digitally enabled products across all sectors, from consumer products to heavy equipment and machinery. The industrial machinery and components industry (IM&C) is at the heart of this shift, providing the intelligent machines and equipment needed for this transformation as well as spearheading innovative processes like connected manufacturing and predictive maintenance and service. So the value of digitalization for IM&C companies lies in two areas: • Top-line growth through better solutions that are digitally enabled and more differentiated. • Bottom-line cost savings through more efficient and effective digitally enabled processes But the market is not uncontested, and as new entrants are breaking into traditional manufacturing domains, established manufacturers are moving their focus from delivering pure products to providing end-to-end solution lifecycle services. IM&C companies need to redefine their core competencies and rebuild their business strategies that support them. In working with leading companies across the globe, we see investments and energy around five strategic priorities: • Serving the “segment of one” • Digital supply chain and smart factories • Servitization and new business models To execute on these, companies will have to evaluate if they have the right technology platform that can support these five priorities. The right platform requires an IT architecture that provides both stability and long-term reliability for core enterprise processes, while simultaneously allowing for flexibility in areas where change is happening on a constant basis. The digital core is the foundation for the fundamental processes that need to run consistently and flexibly. This digital core provides uninterrupted, real-time transactions and analytics, the ability to work with Big Data, as well as connectivity to Line of Business extensions that enable supporting processes such as talent sourcing or business networks. SAP S/4HANA® was specifically developed to represent the digital core in this “bi-modal IT architecture.” The suite provides IM&C companies with a proven framework to adopt industry best practices while attaining operational excellence across the entire value chain. What does digital transformation mean for the industrial machinery and components industry? • Customer centricity • Digital smart products
  3. 3. 3PUBLIC© 2017 SAP SE or an SAP affiliate company. All rights reserved. ǀ … is more than the subject of the moment; it’s an important step every industrial manufacturer must face to adapt to the requirements of a digital economy. Listeners can count on this episode of Digital Industries, co-produced by SAP and S.M.A.C. Talk Technology Podcast, for hard-hitting analysis on not only the technology but also how it relates to business and the future of work in the industrial machinery and components industry. Listen now For more on how SAP can help you drive your own digital transformation in the industrial machinery and components industry, visit us online. Digital transformation in the industrial machinery and components industry …
  4. 4. 4PUBLIC© 2017 SAP SE or an SAP affiliate company. All rights reserved. ǀ “The IM&C industry produces the equipment and the machines that other companies need to digitize. At the same time IM&C companies are deploying all the processes themselves to drive out costs. So it's really about those two things; revenue up from better products, cost downs from better processes.” — Georg Kube, Global Vice President, Head of Industrial Machinery & Components Industry Business Unit, SAP Digital Industries, co-produced by SAP and S.M.A.C. Talk (Social, Mobile, Analytics, Cloud) Technology Podcast What is the state of the industrial machinery and components industry?
  5. 5. 5PUBLIC© 2017 SAP SE or an SAP affiliate company. All rights reserved. ǀ S.M.A.C. Talk (Social, Mobile, Analytics, Cloud) Technology Podcast for the Industrial Machinery and Components Industry Daniel Newman, Co-Host  President, Broadsuite Media Group Georg Kube, Guest  Global Vice President - Head of Industrial Machinery & Components Industry Business Unit, SAP Brian Fanzo, Co-Host  CEO, iSocialFanz LLC Listen now
  6. 6. Thank you.

Listeners can count on this episode of Digital Industries, co-produced by SAP and S.M.A.C. Talk Technology Podcast, for hard-hitting analysis on not only the technology but also how it relates to business and the future of work in the industrial machinery and components industry

Views

Total views

945

On Slideshare

0

From embeds

0

Number of embeds

1

Actions

Downloads

7

Shares

0

Comments

0

Likes

0

×