Digitalization is disrupting consumer businesses we experience this in our daily lives. As digital technologies got more mature, industrial companies also starting to take advantage to create new unique selling points. In many cases this starts with increasing efficiency, flexibility, quality and speed. Recently we also see more business model innovation leveraging digitalization in the industrial space. IoT and Analytics is often the entry point fo...

As it was stated in the IoTWeek 2018, “the adoption of the IoT by Manufacturing is first and foremost a cultural and a management issue, rather than a technology issue”. Thus, this session is aimed to introduce projects and initiatives that deal with the deployment of IoT technologies in manufacturing and help developing the cultural and managerial framework. Experts from the industry, the academy, and the research on applied technologies will offer complementa...

The ongoing digitalization will change, if not revolutionize, a range of industrial business models in the near future. We will see a growing market within data driven services, accumulated data worldwide leading to new business developments, leasing instead of sales etc. Some companies have already started the digital transformation process and will gain massively on this, especially if the competitors are too slow to follow. With the participation...

You have probably heard about Product-as-a-Service (PaaS) – and if not, you need to get familiar with the term as soon as possible. Why? Because this transaction and “new” business model changes and challenges some of the traditional business models that we have been using for decades. Why pay for a product when you can just pay for the desired result instead?PaaS allows customers to purchase a desired result rather than the equipment that delivers that result. This model offers ben...