The Engineering and Automotive Industries: No Roadmaps for Digitalization and Convergence
Munich, April 14, 2015 – Digitalization and the resulting sector convergence demand that classical industries adopt new strategic approaches and management tools. Many companies in the engineering and automotive industries have recognized this. However, only a minority of them have a long-term, integrated strategy. These are the findings of a new analysis conducted by ROI Management Consulting AG.
(firmenpresse) - "Most companies in the engineering and automotive industries have set up projects and initiatives to look into individual aspects of Industry 4.0. However, this rarely happens based on an integrated roadmap, so that crucial overview of all relevant aspects of digital transformation is not achieved," says Hans-Georg Scheibe, Member of the Management Board of ROI Management Consulting AG. As a result it is not possible to fully exploit the potential arising from sector convergence and the increasing digitalization of development, production and logistics – a development that is dangerous particularly for medium-sized engineering firms and automotive suppliers.
"When players from several industries are able to launch a certain offering, the intensity and complexity of both a competitive ''free-for-all'' as well as new forms of cross-sector cooperation are enormous," explains Hans-Georg Scheibe. "The resultant challenges are especially critical for those companies that failed to adapt to the trend in the past or that do not have the market power and resources of large corporations."
For this reason, Hans-Georg Scheibe advises companies to develop a long-term convergence roadmap as the basis for dealing with the issue of digitalization. ROI has developed six-step methodology as a route planner for this purpose. However, a sound roadmap will not only help to develop the right strategy for change, it will also create the required scope for experimentation. "A market environment that is undergoing such great change offers enormous opportunities to set new standards to those with courage and the drive to discover – even if they are not the biggest in their own sector."
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About ROI:
With over 1,000 successful projects, ROI Management Consulting AG is one of the leading consulting companies for global footprint design, development and production. ROI helps industrial companies to optimize products, processes, technologies and global production networks in accordance with lean management and operational excellence principles and to adapt to changing market, customer and technology demands. As initiator and co-organiser of the Industry 4.0 Awards, which were first presented in 2013, ROI actively promotes the development of technological innovation in Germany.
ROI has won several prestigious prizes and awards for its highly implementation-oriented projects. The company has more than 100 employees at its locations in Munich, Beijing, Prague, Vienna and Zurich and is represented by partner offices in Italy, France, United Kingdom, Thailand, India and the USA. www.roi.de
ROI Management Consulting AG
Nymphenburger Straße 86
80636 Munich
Germany
Phone +49 89 12 15 90-0
Fax +49 89 12 15 90-10
E-Mail contact(at)roi.de
Internet www.roi.de
Evelyn Grund
ROI Management Consulting AG
Nymphenburger Straße 86
80636 Munich
Germany
Phone +49 89 12 15 90-24
Fax +49 89 12 15 90-10
E-Mail grund(at)roi.de
Internet www.roi.de
Datum: 14.04.2015 - 01:42 Uhr
Sprache: Deutsch
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