Accelerate your product innovation with IoT and social listening
Earlier this week, I held a webcast with our manufacturing customers to share ideas about how they can better design for customers’ needs.
Learn how BMW, Aurobay, Denso, and others use AI to modernize their manufacturing processes.
Earlier this week, I held a webcast with our manufacturing customers to share ideas about how they can better design for customers’ needs.
As we know, one of the biggest ways manufacturers can continue to innovate and stay ahead is through their data. An IDC survey, commissioned by Microsoft, showed that the manufacturing industry has the most to gain—a whopping $371 billion— from big data’s potential.
It’s an exciting time to be in the automotive industry. Technology innovations connected by the Internet of Things (IoT) have now made it possible for automakers to truly revolutionize how they engage with consumers, changing the relationship between them and with the car itself.
Well, it’s a little more than a month after the National Automobile Dealers Association (NADA) Convention and Expo 2015, which brought in more than 23,000 people from 53 different countries.
Industrial manufacturers are certainly recognizing the urgency to do more with their data. In a recent global study from GE and Accenture across eight industrial sectors, 66 percent of surveyed executives believe they could lose their market position in the next one to three years if they do not adopt big data, and 88 percent reported that big data analytics is a top priority for their business.
Last month, we talked about the transformation of the industrial technology platform and discussed that by connecting smart products and using big data, customer analytics, and social technologies, manufacturers are gaining a deeper understanding about how customers are using their products.
At the very beginning it was pure adventure! Lonesome riders, heading towards where the sun goes down. Mavericks, with their own rules, rebels, free to make a living their own way. Yeah, the Wild West was a time of freedom – not necessarily fun, but opportunities everywhere, endless land and resources. A playground where wildcatters started their way becoming oil barons and roughnecks shaped today’s idea of a tough guy.
The connected-car experience is the future of the automotive industry. It’s changing the relationship between automakers and their customers and offering new revenue streams for manufacturers.
Today’s Office 365 post was written by Dr. Matthias Geselle, a Vice President, member of the IT leadership team at Merck. Merck is the world’s oldest pharmaceutical and chemical company and is operating in 66 countries. Since 1668 the name has stood for innovation, business success and responsible entrepreneurship. It does business as EMD Millipore and EMD Serono in the United States and Canada.
In today’s hyper-connected world, change has certainly become the new constant. To keep pace with rapidly-changing customer and market needs, product-driven enterprises need to be able to listen, adapt and grow at the speed of a networked world.
By collaborating on abandoned drug trials, pharmas decreased time to market from 14 years to 2 years, an 86% improvement – published by Fortune.
As businesses work to keep pace with the rapidly changing needs and expectations of consumers, many are calling the customer experience the next competitive battleground.