The advantages of digital production

Going digital makes everything work better 

The digital transformation not only optimizes individual processes, it also changes structures, organizations, ways of thinking and perspectives. Digital transformation opens up new horizons. Ideas that were not previously possible technically or feasible economically become reality. Because digital structures are so deeply embedded in companies, their effects are felt on several levels:

• Lower process costs - Due to the high level of automation of digital processes, fewer manual interventions and adjustments are required. That lowers process costs.
• Short response times - Because communication is much easier along the entire value creation chain, response times are shorter. Companies are able to deliver more quickly and can react faster to changes in the market.
• Increased customer orientation - flexible manufacturing makes it possible to produce small lots at lower costs. In many industries it then becomes profitable for companies to better customize their offerings to meet individual customer requirements. At the same time, companies that have gone digital benefit from a fast "time to market".
• New market opportunities - Digital transformation is creating new products, such as services or data.
• More information - Transparency of information makes it easier to judge operational performance. And what is at least as important: The data is stored centrally. It can be easily retrieved and worked up so that decisions can be made. Digital transformation thus lays the foundation for further process optimization.
• Higher product quality - IoT technologies keep an eye on the entire production process. Sensors and measurement instruments provide data on quality at whatever frequency is desired. That means there is enough information to continuously optimize workflows and produce better products.