Read our blog to learn how you can leverage Internet-of-Things (IoT) technologies to increase the customer value of your products and differentiate yourself from competitors.
The Internet of Things (IoT) offers mid-sized companies significant advantages in terms of efficiency and costs. Connectivity, mobile solutions and sensors simplify operation and maintenance.
Digital transformation is no problem from a technical perspective—provided you work with a reasonably open IT platform that can be flexibly expanded and networked. Although the potential of digital technologies such as artificial intelligence or the Internet of Things (IoT) is far from exhausted, the solutions are known, mature and manageable. As a result, digitalization projects rarely fail due to technology. The problem is more on the human side, in other words, the “how” to deal with the challenge.
How much should you produce of a particular product in one batch? How high can the stock level be? Does it make sense to increase the machinery capacity? Challenging questions like these can only be answered reliably with intelligent data utilization. Traditional models for batch size optimization (such as the formulas developed by Harris and Andler) produce initial indications, but they cannot provide comprehensive optimization taking into account all relevant articles, costs, and restrictions. The processes are simply too complex.
The term “intelligent ERP” is everywhere nowadays. But almost no one knows what it means. The explanation often involves other acronyms or Anglicisms, such as Internet of Things (IoT), Big Data, or Industry 4.0. But, what does intelligent ERP mean for German machine and plant manufacturers? What are the specific benefits?
Public, private or hybrid – Which Cloud solution is the right one for your company?
Cloud solutions are a dime a dozen. So how do you decide which one is the best fit for your business?
Technologies are changing fast. But the way people think, does not. Therefore, it is not easy, but important, to react faster to market changes than current common practice.
Anyone who thinks that digital transformation is a process of change that affects mainly the IT department is wrong: It is the entire organization that changes. Digital transformation is a company-wide transformation.
For more than twenty years, the COSMO CONSULT group has been a successful and well-established player in the manufacturing market thanks to its tailor-made industry solutions for contract, process and project-related manufacturing. We bring our own innovative strength together with the ideas and wishes of our customers and make it possible to cover even the most complex processes on the way to digital end-to-end solutions.
