Research & development 4.0 - The mutual benefits of digitization and R&D
What kind of scientific technical progress has been made in your company? What limits are there in terms of IT architecture? Are there possibilities of R&D cooperation? Questions you will need to ask when your company wants to become a digital champion in the field of R&D.
Importance of digitized R&D
Digitized R&D makes major contributions to improving efficiency (through cost saving modeling and simulations) as well as minimizing risk (by validating real-time data) and improving engineering capabilities (fast prototyping). Altogether this could significantly reduce cycle and development times.
Roadmap R&D alignment
Companies can apply four strategies to successfully lead their R&D function into the digital age. Every business must determine which of the following strategies to adopt:
- Enhancers: providers of, or dealers in data, information and services based on IoT
- Engagers: producers of networked products and IoT services
- Embedders: users of IoT I own operations, manufacturing processes, value chains and services
- Enablers: technology providers of IoT and platforms to produce/deliver networked services and products
Want to learn more about doing the right thing in R&D and doing R&D right in Industry 4.0? Please see our publication.
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