Tag: predictive maintenance

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How to sell digital services in mechanical engineering

Bits and bytes alone do not create added value. Only when digital services measurably improve performance, availability, and quality do data become a real business model. Lukas Schattenberg from Ixon explains the details.

Annual $1.5 trillion downtime costs in industry

According to a report by Senseye, downtime costs for large industrial companies have skyrocketed since 2020. The automotive industry performs the worst, while the heavy industry records the highest cost increase.

Manufacturing in transition: Transformation instead of hesitation

How can manufacturing master digitalization, sustainability, and the skilled labor shortage? An overview of trends, strategies, and practical examples.

These digital services work in practice

In mechanical engineering, a multitude of useful digital services have already been established. Excessive monetary expectations are usually misplaced - nevertheless, digital business models are considered a decisive competitive factor.

Process optimization and productivity increase through AI

According to an IDC study from February, 22 percent of medium-sized businesses see themselves as digital beginners. However, a comprehensive digital transformation is essential to use AI for process optimization and productivity increase.

How to replace plant runners with digital inspections

Traditional rounds by plant runners on their inspections are neither smart nor effective. Digital plant inspection aims to change that. The automotive industry, in particular, relies on this type of automation.