Examples of digitized products can be found in all industry sectors. In the automotive industry, for example, customary brake systems have been turned into modern anti-block systems with the help of electronic control units. In manufacturing and engineering, the use and connection of appropriate sensors allow optimal, preventive maintenance of machines and systems, and ensure much more efficient operational management.
The results of the study clearly show that digitizing the product portfolio is a widespread practice and will progress in coming years. At present, 29% of the companies surveyed already have a high percentage of digitized products. These companies have recognised the signs of the times and have expanded their portfolio to include connected, automated services. In this context, the level of product portfolio digitization does not depend on a company’s size at all. Many small and medium-sized companies are already focusing on digitized products in order to stand out in the market.