Accelerating Product Development in an Industry 4.0 World
Innovation is the epitome of change. Being successful at innovation, and overcoming barriers and ingrained habits, requires a perspective beyond the four walls of one’s organization. When Rittal looked to re-engineer its flagship enclosure line, we started with the customer and looked at what they needed now and would need in the future. The process took the company back to its roots, revisiting customers around the world to learn what works. Every touch on the enclosure was studied, from engineering and logistics to commissioning and maintenance. Procedural players, including procurement officers and asset managers, were consulted. The company even engaged a team of anthropologists, psychologists and organizational specialists to ensure the enclosure would “tick” with the way customers think and work. The presentation will take participants through the product, process and production process necessary for any company to compete at the speed Industry 4.0 requires. You will learn how to anticipate mega-trends and incorporate them consistently to futureproof products and deliver genuine value. The presentation will also cover such key considerations as global product development, accelerating the value chain, global production networks, and the use of a range of IoT/edge technologies including IBM Watson and Siemens Mindsphere.