Opinion: Digitalization, big data, artificial intelligence, agility… what really creates value for industrial companies?

By Vincent Champain, GE Digital

For years industrial companies have been looking for opportunities to enhance the operational efficiency of their assets and processes.

Unsurprisingly, new technologies and agile working have opened a new world of possibilities to the manufacturing sector.

In recent years, new technologies, such as big data and artificial intelligence, have considerably impacted the way industrial companies operate, leading to an increasing number of players in the industry embracing the trend of digitalization.  Continue reading Opinion: Digitalization, big data, artificial intelligence, agility… what really creates value for industrial companies?

Siemens says it wants to strengthen its position as a ‘digital company’

Siemens is expanding its open platform “Siemens Cloud for Industry” to form the basis of new digital business models for industrial companies. The new Connector Box is a Simatic IPC-based cloud gateway that transmits machine and system data easily and securely to the Cloud.

One of the largest engineering companies in the world – famous for making humungous, physical things for the real world – is increasingly enthusiastic about the digital world

Siemens says it aims to achieve double-digit annual growth in digital business every year through to the next decade. 

The company expects its software business, and its digital services and platforms to be the main growth drivers.

Its MindSphere cloud-based, open operating system was recently rolled out companywide, which has transformed many of the processes at Siemens.  Continue reading Siemens says it wants to strengthen its position as a ‘digital company’

Siemens technology boss says digitization ‘one of the biggest growth drivers’

siemens digital transformation 1

Professor Siegfried Russwurm, chief technology officer at Siemens, says digital transformation is opening up great opportunities

The world has never been as networked as it is now. Whether in gas turbines, trains, manufacturing facilities or medical imaging technologies, our reality is taking on a digital dimension.

Digital change is sounding the bell for a paradigm change – in business as well as private life. As one of the world’s leading companies in digitalization, Siemens is playing an active part in this development. We’ve set a clear focus and identified digitalization as one of the biggest growth drivers to carry us into a successful future.

Even today, Siemens’ worldwide workforce includes about 17,500 software engineers, who contribute a wide range of industry-specific IT and software solutions to their work in electrification, automation and urban infrastructures. Continue reading Siemens technology boss says digitization ‘one of the biggest growth drivers’