Christrian Maasem Interview
Expert Interview:

Christian Maasem:

A Deep Dive into Hyperconnectivity

Christian Maasem, our expert for Hyperconnectivity at Detecon, shares his insights on the challenges and potential of hyperconnected companies.

What potential does Hyperconnectivity offer for companies?

"Hyperconnectivity is the enabler for a company’s digital journey, connecting all assets processes and elements of a company’s value chain. It creates transparency of processes, assets, users, supply and demand, paired with the ability to automate and improve processes based on real-life data and the use of artificial intelligence.

Despite coming with a big vision appearing like rocket science: the way towards it is anything but practical. It is led by impactful use and business cases improving operational costs and efficiency to tackle the cost side of the business and hence creating the leeway for new business opportunities with new smart services and business models. For example, turning an existing manufacturing site into a smart factory via retrofit can improve product and process quality by over 30% and reduce lead times by more than 20%."

Why do many companies often struggle to truly implement innovative, connectivity-driven use cases into live operations?

"The problem here is a manyfold beast: Since technological development is running on at ever progressing speed while expanding by second, it is not easy to catch this running train separating itself in several different directions constantly. What I mean is, the sheer amount of technology and its development is hard to follow if that is not the core of a company’s business. So, the potential of new technologies, as well as their challenges in application, are often not known – nor are the use cases they could deliver. It’s even harder since not only one technology alone usually makes a use case.

Smart intralogistics solutions for example require advanced sensor systems, automated robotic vehicles, spot-on connectivity and powerful computing at the same time to yield tangible business results. While the game is constantly changing and evolving a company must find the right technological combination. Not only for one process or line, but maybe for a whole factory or even a worldwide production network for the years to come with a sustainable roadmap of scaling it up. With the pitfalls of high investments and possible lock-ins, companies are reluctant to take the plunge and rather wait at the sidelines for lighthouses to guide the way but with the growing risk of falling too far behind to keep up."

What should companies do now?

"To mitigate the risks of missing out on new opportunities and setting the tracks in the right direction on time, a modern company is well advised in defining a digitalization strategy.
For this, crafting a step-by-step roadmap of individual beneficial use cases is essential. These use cases should be economically sound and already converging toward the overall big picture of a data-driven company. The goal is to foster a highly flexible, cost-efficient company, capable of seizing new business opportunities.

The way forward into the hyperconnected future and the jungle of technologies and solutions is applying an innovator’s mindset with co-creation. Meaning, identifying potentials and testing them fast in prototypes. Also, doing the business feasibility check in toes before scaling them decisively. Another important part is working together with partners in forming powerful and beneficial ecosystems around their own operations and services towards the customers. Joining existing ecosystems of their own but also especially cross-domain activities can inspire new solutions for own challenges and spare costly failures."

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