In brief
The process of digital transformation is having a pervasive impact on every facet of life and work. As a cross-cutting technology, it entails the conversion of products, processes and business models into digital formats for a vast majority of companies. Companies that have invested in digitalization are already experiencing notable levels of success compared to their counterparts. Technologies such as artificial intelligence, digital twins, the digital networking of production, and cloud computing are unlocking tremendous opportunities. At the same time, companies that fail to proactively engage in digitalization face a variety of potential risks and disadvantages.
Opportunities
Adopting digitalization presents a multitude of opportunities, encompassing cost reduction and enhanced sales performance. Moreover, it serves as a catalyst for bolstering business resilience, promoting sustainability and enabling heightened competitiveness.
In the future, AI will possess the capability to autonomously generate code, facilitate the automation of processes and, by harnessing novel connections between data, pave the way for unprecedented digital business models.
The integration of networked production within a smart manufacturing ecosystem leads to remarkable gains in productivity. Effective communication among machines, equipment and humans results in error reduction and heightened efficiency.
Cutting-edge technologies such as neural networks can be deployed securely and in a user-friendly manner within a cloud environment, eliminating the necessity for extensive IT expertise.
As an industrialized country, Germany must succeed in combining its outstanding engineering expertise with digital know-how. Digital replicas of production serve as a foundational building block for accomplishing this objective.
Projects, studies, rankings
Whether maturity models, digital standards, impact analyses or roadmaps: We develop custom-tailored solutions for digital transformation for every customer.
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The international congress for master data management and digital standards offers a first-class platform for the exchange of knowledge and…
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We are developing a global data standard for goods and services for ECLASS e.V. in close cooperation with experts from industry and trade.
Challenges
Our maturity models show that many companies face challenges in rolling out digital products, processes and business models. Currently, only about 20 percent of companies can be described as digitally mature. However, the competition is fierce. U.S. and Chinese tech giants have taken the lead, particularly in the B2C sector. In this context, Germany must strive to become a leader in digitalization and leverage its core competency in B2B. While there are encouraging signals among large corporations, small and medium-sized enterprises need to catch up.
Expert voices
Digitalization is not just about IT. The real excitement lies in the transformation of regions, companies and milieus. We examine these effects in our studies and analyses.
Digitalization serves as the cornerstone of Germany’s competitive edge. Through our comprehensive analyses and expert recommendations, we help clients seize opportunities and fearlessly overcome prevailing challenges.
Without digital standards in data exchange, companies encounter information loss and incur significant costs. However, leveraging the concept of the “digital twin” facilitates a seamless systemic life cycle and enables competitive advantages.
The use of data within the value chain of companies is an important part of the digital transformation. Intensive use of data, AI and co. is essential to preserve the competitiveness of German companies.
Digital Transformation
We offer valuable insights to both digitalization providers and users. For cloud providers and tech giants, we conduct in-depth impact studies, while for users, we assess their digital maturity levels and provide tailored recommendations.
Digital Transformation
We work closely with foundations, ministries and associations to foster the optimal implementation of digital transformation across companies, government entities and other stakeholders.
Digital Transformation
Cities and municipalities play a crucial role in digitalization by offering strong infrastructure and open data, and by serving as catalysts for demand, particularly in Smart City initiatives. We provide cities and municipalities with assistance in formulating roadmaps and digitalization strategies.
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