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How industrial ecosystem is impacted by digitalization?

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An industrial ecosystem is known to include all the major players from value chain operating systems, small start-ups to large companies, academic to the research field, service providers to suppliers.

The different sectors operating with industrial ecosystems are:-

  1. Tourism
  2. Aerospace & Defence
  3. Retail
  4. Digital
  5. Creative & Cultural industries
  6. Textiles
  7. Proximity & Social Economy
  8. Construction
  9. Energy-intensive industries
  10. Electronics
  11. Agri-Food
  12. Renewable Energy
  13. Mobility, Transport & Automotive
  14. Health

The major characteristics identified in an industrial ecosystem are:-

  • Trading of product material.
  • Trading of material based on limited availability.
  • Product material trading system organized.
  • Co-located organisation.
  • Light industrial activity.
  • Cross-sector collection diversified in SMEs.
  • Environmental friendly neighbours and construction.
  • Renewable energy (solar, wind, and biomass) and others.

Now in the case of Industry 4.0. The impact of digitalization on the industrial ecosystem with a data center to be in continuous exchange from each category are:-

  1. Support and maintenance
  • Support from remote and on-site helping in decreasing the machine downtime.
  • Faults are prevented due to predictive maintenance to create new revenue streams.
  • Analysis of real-time data to enable improvements in both processes and machine design.
  • End users
  • Products are personalized.
  • Timely delivery.
  • Lower prices.
  • OEMs
  • Value creation with new revenue streams and machine design is improved.
  • Pay per use: charge for time use.
  • Pay per outcome: charge per unit produced.
  • Supply chain
  • Connected
  • Real-time information flow
  • Just-in-time deliveries, reducing the inventories.

In Manufacturing plants, the impacts can be seen as:-

  • Lower costs due to higher efficiencies, machine downtime is low, yield is higher and production is fast.
  • All pieces of information are harnessed by intelligent devices from existing machine component sensors.
  • Transfers of real-time data between all machines.
  • Machines are centralized and remotely controlled with full and semi-autonomous systems.

Source:- Statista (In-depth Industry 4.0), Industry ecosystems.

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