From time to time leaders should change perspectives and move outside the usual surroundings to challenge and benchmark strategies and practices. Learning from others helps making good decisions. Leaders Dialog is designed to deliver senior corporate executives with valuable and highly relevant insights and inspiration. Cutting-edge, strategically relevant content, exclusive contacts, maximum efficiency and trusted confidentiality.
Discuss the latest trends in strategies, management, business models, digitalization and technology with peers from other companies at Leaders Dialog.
To master Industry 4.0 is key for manufacturing companies to be successful in the digitally driven economy. Smart factories, intelligent supply chains and connected devices have been paving the way for more flexible, lean and decentralized operations – without compromising quality. In the contrary 4.0 frameworks help to serve customer needs more specifically, individually and locally. The transformation to digital business models has been driven over the years by tech trends like cloud ecosystems, IoT, Big Data, AI, new manufacturing technologies and enhanced mobile connectivity.
Data is key in the connected 4.0 economy. Yet no company has been able to fully unlock the potential Big Data and AI bear for supporting strategies, business models, practices and products. The never-ending increase of connected touchpoints makes it easy to collect huge amounts of data. Data science helps to decide which data to collect and how to analyze it. Complex Big Data and AI ecosystems bear the risk of choosing wrong suppliers, partners and architecture. It goes without saying companies need a data strategy – based on a solid data governance framework – to be successful.