Whether a company’s overarching strategy is cost competitiveness, client intimacy, product performance, added value through services or combinations thereof, it experiences the pressure to be resource-efficient, sustainable, flexible and agile, and its assets must be safe, long-lived and reliable
Reaching a few of those objectives is a challenge, but reaching all of them at the same time represents truly differentiating performance. Operational excellence is improved by focusing personnel on value-adding activities and optimizing production processes.
A first step towards improved operation and decision making is getting access to information based on accurate data, involving information sharing and application integration. In developing common information models companies also discover the impressive complexity and effort to do so. Interfacing existing applications with and developing new analytics applications on top of that common pool of contextualized information, is then the next, considerable task.
Working with a partner that has the competency and clear focus to bring free data flow across the entire value chain is the best approach to harness the power of digitalization and continuous improvement culture for industries.