digitalization, digital opportunities, digital expertise, digital readiness, digital transformation, digitalization is opening up new horizons, industry 4.0,  Digital Potentials, plant operation, artificial intelligence, machine learning, technological innovation, B2B business, Industrial Internet of Things, Digital Potentials in industry and manufacturing. State-of-the-art cloud technologies and the Industrial Internet of Things (IIoT) provide many options to rethink inherited business models and develop new, data-driven approaches.

Digital Potentials

Digital potential in industry and manufacturing

    State-of-the-art cloud technologies and the Industrial Internet of Things (IIoT) provide many options to rethink inherited business models and develop new, data-driven approaches. Once successfully established, they offer enormous digital potential for manufacturing companies.

    In order to truly fulfill the digital potential of modern technologies, the complexity of modern IT and OT systems, the number of applications and the volume of data also increase. In addition, the time available for the development of new applications and innovative solutions (time to market) is being drastically reduced. Anyone who thinks that they can handle these diverse challenges alone, quickly finds out they are fighting a losing battle. At the same time, digital transformation provides the companies who take on the challenges with new opportunities for comprehensive cooperation – beyond traditional borders and to their mutual benefit.

    Digital potential through modularization: Platform economy for your business success

      Platforms bring people together

      digitalization, digital expertise, digital readiness, digital transformation, digitalization is opening up new horizons, industry 4.0,  Digital Potentials, plant operation, artificial intelligence, machine learning, technological innovation, B2B business, Industrial Internet of Things, Digital potential in industry and manufacturing. . There is enormous digital potential for manufacturing companies. Digital future, platforms, Platforms bring people together.B2B platforms.
      Platforms bring people together. Platforms have become a synonym for the digital economy and play a significant part in fulfilling a company’s digital potential. They provide people with the possibility of digital participation in the form of social networks. As B2B platforms, they offer companies access to a modern cloud IT infrastructure and universal marketplaces and customer groups. Ideally, this functions without the need to build or administer your own infrastructure for it. “Platform” has thus become a collective noun for everything that can be designed and profitably marketed using digitalization. This rarely involves monolithic structures, rather almost always complex, multi-part structures. These usually work by means of division of labor that also opens up new business potential for participants.digitalization, digital opportunities, digital expertise, digital readiness, digital transformation, digitalization is opening up new horizons, industry 4.0,  Digital Potentials, plant operation, artificial intelligence, machine learning, technological innovation, B2B business, Industrial Internet of Things, Digital Potentials in industry and manufacturing. State-of-the-art cloud technologies and the Industrial Internet of Things (IIoT) provide many options to rethink inherited business models and develop new, data-driven approaches.

      Successful platforms such as eBay, Uber, the Apple App Store or AirBnB owe their success to the idea of bringing people together. Their business model consists of collecting commission for successfully making contacts or sales. A separate infrastructure with physical assets is usually not necessary for this purpose. The virtual assets of the IT and network infrastructures are not part of that business model. Instead, some are operated on universally available platforms and cloud servers and, often enough, made available to partners within the platform economy.

      Platforms are customer-centric

      digitalization, digital expertise, digital readiness, digital transformation, digitalization is opening up new horizons, industry 4.0,  Digital Potentials, plant operation, artificial intelligence, machine learning, technological innovation, B2B business, Industrial Internet of Things, Digital potential in industry and manufacturing. . There is enormous digital potential for manufacturing companies. Digital future, platforms. Platforms are customer-centric. Social network, online marketplace, both vendors and customers benefit from the company’s digital potential.
      Platforms are customer-centric. Social networks and many online marketplaces rely on very simple, low-threshold operation and on providing a very customized range of products for their customers. They cultivate this customer focus ideally by using the one-click option to “Buy now.” A simple idea and convenient operation are absolutely vital for this. Another factor in success is the range of products that is made as wide as possible. In this way, both vendors and customers benefit from the company’s digital potential.

      Platforms increase digital cooperation

      Platforms increase digital cooperation. digitalization, digital expertise, digital readiness, digital transformation, digitalization is opening up new horizons, industry 4.0,  Digital Potentials, plant operation, artificial intelligence, machine learning, technological innovation, B2B business, Industrial Internet of Things, Digital potential in industry and manufacturing. . There is enormous digital potential for manufacturing companies. Digital future, platforms, E-commerce portals,
      Platforms increase digital cooperation. E-commerce portals offer their range in cooperation with many individual sellers. This is also a characteristic feature of modern platforms and another instance of digital potential being exploited. Other platforms also rely on cooperation with other vendors but then use it to develop their platform into a versatile base. For example, urban public transportation operators provide, through apps and on platforms, far more than just train and bus tickets. Together with their partners, they also offer bike sharing and car sharing options. In this way, customers get a mobility offer that is as comprehensive as possible from a single, central point of contact. digitalization, digital opportunities, digital expertise, digital readiness, digital transformation, digitalization is opening up new horizons, industry 4.0,  Digital Potentials, plant operation, artificial intelligence, machine learning, technological innovation, B2B business, Industrial Internet of Things, Digital Potentials in industry and manufacturing. State-of-the-art cloud technologies and the Industrial Internet of Things (IIoT) provide many options to rethink inherited business models and develop new, data-driven approaches.

      Platforms are open

      Platforms are open. digitalization, digital expertise, digital readiness, digital transformation, digitalization is opening up new horizons, industry 4.0,  Digital Potentials, plant operation, artificial intelligence, machine learning, technological innovation, B2B business, Industrial Internet of Things, Digital potential in industry and manufacturing. . There is enormous digital potential for manufacturing companies. Digital future, platforms, create your own business model. MyVoith
      Platforms are open. The platforms are open enough to give other companies the possibility of designing their own components. As a result, they can offer their own services there and create their own business models. Large cloud vendors such as Microsoft Azure, Amazon Web Services (AWS) or Google Cloud follow this model. “Platform as a service” is a business model which offers individual services and reusable core components in an easily accessible and scalable manner, giving customers the option of implementing their own business models there. MyVoith. Webshop, digitalization, digital opportunities, digital expertise, digital readiness, digital transformation, digitalization is opening up new horizons, industry 4.0,  Digital Potentials, plant operation, artificial intelligence, machine learning, technological innovation, B2B business, Industrial Internet of Things, Digital Potentials in industry and manufacturing. State-of-the-art cloud technologies and the Industrial Internet of Things (IIoT) provide many options to rethink inherited business models and develop new, data-driven approaches.

      Platforms expand traditional products

      Platforms expand traditional products. digitalization, digital expertise, digital readiness, digital transformation, digitalization is opening up new horizons, industry 4.0,  Digital Potentials, plant operation, artificial intelligence, machine learning, technological innovation, B2B business, Industrial Internet of Things, Digital potential in industry and manufacturing. There is enormous digital potential for manufacturing companies. Digital future, platforms,The automotive industry is a good example of that. Communication and navigation services, networked services such as traffic-jam announcements and tips for the break: Platforms in a networked car are changing the driving experience forever. Another example of expanding traditional products is the smartphone. Once just a telephone, it has long since morphed into a platform for communication and collaboration services. It acts as a mobile office and a tool of the trade for knowledge workers, the basis for purchases and social interaction and can even become a control center for intelligent apartments, houses and factories. This goes to show how the digital potential of a once fairly one-dimensional communications tool is taken to an entirely elevated level.
      The automotive industry is a good example of that. Communication and navigation services, networked services such as traffic-jam announcements and tips for the break: Platforms in a networked car are changing the driving experience forever. Another example of expanding traditional products is the smartphone. Once just a telephone, it has long since morphed into a platform for communication and collaboration services. It acts as a mobile office and a tool of the trade for knowledge workers, the basis for purchases and social interaction and can even become a control center for intelligent apartments, houses and factories. This goes to show how the digital potential of a once fairly one-dimensional communications tool is taken to an entirely elevated level.

      dataPARC cloud – The IIoT platform to help you fulfill your company’s digital potential

        dataPARC cloud is the platform offered by Voith. We support industrial companies in building digital talent, gathering experience and implementing new business models – with the unique expertise and domain knowledge of more than 150 years in business. We enable our customers to optimize their processes and resources and achieve increased flexibility, data protection and security based on the Internet-of-Things platform, dataPARC cloud

        Modular IIoT environment

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        With dataPARC cloud, Voith offers its customers a modular IIoT environment with a visualization and analysis application. In this way, industrial companies can collect, store and analyze data from all networked devices to optimize machine run times, minimize downtime and outages and develop data-based services. Data Hub, Modular IIoT environment. cloud technology, Digitalization, digital opportunities. digitalization, digital opportunities, digital expertise, digital readiness, digital transformation, digitalization is opening up new horizons, industry 4.0,  Digital Potentials, plant operation, artificial intelligence, machine learning, technological innovation, B2B business, Industrial Internet of Things, Digital Potentials in industry and manufacturing. State-of-the-art cloud technologies and the Industrial Internet of Things (IIoT) provide many options to rethink inherited business models and develop new, data-driven approaches.

        Data hub

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        dataPARC cloud serves as a hub for data from different sources: systems, production lines, machines and devices. Customers benefit from a central single point of truth for reliable data quality. The IIoT platform is based on highly standardized open source applications that allow quick, reliable and secure, almost real-time access to data on local machines and cloud systems. The platform can be scaled, is flexible and can be expanded at any time, of course. Data Hub, Digitalization, digital opportunities, digitalization, digital opportunities, digital expertise, digital readiness, digital transformation, digitalization is opening up new horizons, industry 4.0,  Digital Potentials, plant operation, artificial intelligence, machine learning, technological innovation, B2B business, Industrial Internet of Things, Digital Potentials in industry and manufacturing. State-of-the-art cloud technologies and the Industrial Internet of Things (IIoT) provide many options to rethink inherited business models and develop new, data-driven approaches.

        The highest security standards

        With dataPARC cloud, Voith offers an IIoT platform that meets the highest security and compliance standards and best practices such as CSA, NIST, OWASP, ISO 2700x. dataPARC cloud users retain complete control of all data at all times and in any application scenario.

        dataPARC cloud at a glance

        • Using Cockpit, engineering boundary areas can be defined and visualized for any and all process parameters. A comprehensive process hierarchy can be created by combining parameters and processes.
        • Analyzer makes it possible to structure and visualize various data types for well-founded analyses – in an intuitive and transparent environment.

        Do you want to learn more about dataPARC cloud? 

        Our experts are happy to help.
        Leave your contact details to learn more.

        Focusing talent and experience: collaborative research & development (R&D)

          Products are increasingly rare as solid units that change only slightly or not at all over their life cycle and are distinguished by a fixed price, uniform quality and functionality. Today’s products are entities that can adapt over their life cycle in response to changed consumer habits and needs and which are surrounded by an entire universe of services. These need not necessarily come from the original manufacturer. They are increasingly provided by partners.

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          Consequently, it makes sense to supplement manufacturing processes, which are already significantly based on the division of labor, and the increasing number of system parts. This is done by cooperating as early as in the design and during the development phases, thus, in the engineering of products. In collaborative research & development, components and end products can be far better matched to one another in the initial design and then enhanced later – even in the case of interdisciplinary work processes and without major data transformations or appraisals.

          Collaborative R&D – this is virtually transferring the platform train of thought to product and production level. At the heart of it are jointly developed products that go beyond narrow organizational limits and are open and suitable for further development and supplementing with services. This strategy can be a response to the challenges facing the entire manufacturing industry. The growing pressure for innovation, higher customer expectations and shorter product life cycle can be satisfied in a single collaborative, dynamic and open system.

          However, even though the collaborative R&D strategy offers a lot of benefits, companies that take part in such collective developments also need to be familiar with the challenges. Among others, these challenges can be found in the complexity of the systems, network communication security beyond company borders, data exchange and contractual stipulations regarding use and intellectual property.

          Due to the participation of different companies and organizations, the diversity of the software systems used is increasing at engineering level. In addition, the companies involved in the cooperative effort need to take into account and synchronize different working methods and process flows.

          Even the security of data transferred over inter-company networks is a challenge. Highly sensitive information is often exchanged between internal and external networks and, due to the system, the option of completely secure end-to-end communication is missing.

          As a means of increasing companies’ digital potential, Voith supports collaborative R&D. At the same time we are aware of the monumental task in terms of the security, performance and complexity of the systems that need to be handled. We will devote more of our attention to precisely these issues.

          The digital twin must be part of collaborative R&D project

            Digital twins are a good response to the many challenges of collaborative development and joint product design. This is a purely digital model, which is true to the original, of a real, existing product or cloud service.

            Digital twin, digitalization, digital expertise, digital readiness, digital transformation, digitalization is opening up new horizons, industry 4.0,  Digital Potentials, plant operation, artificial intelligence, machine learning, technological innovation, B2B business, Industrial Internet of Things, Digital potential in industry and manufacturing. There is enormous digital potential for manufacturing companies. Digital future, platforms,  This is a purely digital model, which is true to the original, of a real, existing product or cloud service. The digital twin is a virtual place where material master data and the previous history of components, system parts and entire systems can be collected. Digital twins in mining. Make greater use of simulations and rely less on tests using real prototypes! digitalization, digital opportunities, digital expertise, digital readiness, digital transformation, digitalization is opening up new horizons, industry 4.0,  Digital Potentials, plant operation, artificial intelligence, machine learning, technological innovation, B2B business, Industrial Internet of Things, Digital Potentials in industry and manufacturing. State-of-the-art cloud technologies and the Industrial Internet of Things (IIoT) provide many options to rethink inherited business models and develop new, data-driven approaches.

            In less technical terms, the digital twin is a virtual place where material master data and the previous history of components, system parts and entire systems can be collected. The cloud is the place where these data can be linked in real time to simulate the effect that actions in data, design and function as well as interdependencies and interactions with other assets have – without any impact on or presenting any risk to actual products, systems or components.

            Even Voith uses digital twins in mining, for example, to simulate tests using digital prototypes. This saves time and money and provides valuable knowledge for operating new products later – even with the use of artificial intelligence. Systems that are directed or controlled by algorithms increase efficiency and accuracy over time by training using real data. This is exactly the area where digital twins can accelerate things and improve them. This is because they not only exactly reflect the geometry and structure of their analog originals, but also behave in exactly the same way. Consequently, research and development will, for example, make greater use of simulations and rely less on tests using real prototypes. The digital twin will play a key role in this respect.

            Read more about how Voith works in practice with digital twins.

            Virtual reality and augmented reality in manufacturing and production processes

              Modeling physical assets in virtual or augmented reality (VR and AR) does not just support industrial companies in developing new products. Simulating the operation of machines and systems specifically helps increase efficiency:

              Extending machine run times, avoiding downtime and optimizing maintenance cycles. For example, maintenance can be planned in detail and in advance as early as the concept phase by using virtual models – this idea of augmented maintenance proves another example of the use of digital potential. These models can even be used for training purposes. Greater safety in serious real-world cases can be the outcome. When operating machines and systems, centrally located maintenance teams can support technicians on-site doing maintenance work or repairs by using virtual reality glasses.

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              Voith offers, through Papermaking 4.0, VR glasses for training purposes and to provide virtual support for augmented maintenance and repair, for example, for its paper machinery. Test it and go on a virtual tour of discovery for yourself.

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              Do you want to learn more about virtual reality solutions from Voith?

              Just contact our experts.

              Your contact for our digital portfolio

              The future belongs to variety!

                Cross-company platforms, joint development of products and services, secure exchange of knowledge and data: Variety, diversification and working beyond borders are part of Voith’s DNA as we know that no company can handle the great challenges presented by digital transformation alone. We stand shoulder-to-shoulder with our customers as a reliable partner providing a comprehensive range of consulting services and products.

                Do you want to make use of the potential of digitization?

                  Our experts would be glad to help you. Contact us!

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