Intensifying competition and the continuous need for cost efficiency means companies must adopt and embrace new technologies. Strategic goals form the basis of investing in technology. In practice, digital technologies not only improve the process of new assets, they are helping with managing existing factories as well. Assessi, our fast plant assessment tool, enables automated assessments of sites, equipment and facilities by analysing data quickly. Simulation technology, like a digital twin, allows manufacturers to analyse and determine the optimum balance for costs, flexibility, speed and customer service levels and extends into the OPEX phase, providing information management capabilities for the whole life cycle. At the same time applying artificial intelligence in supply chain management can lead to massive operational savings.
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