Baden-Württemberg - vdma.org

KIT nova", a center for product development, is currently being created at KIT where students can experience the entire process from the idea to the use of the finished product. With the increasing networking of mechatronic systems in Industry 4.0, the operational safety of systems, for example, must be guaranteed at all times.

Many machine manufacturers still manage their spare parts using Excel spreadsheets and manual processes, which leads to overstocks of up to 80% and high costs. At the same time, the downtime of a machine due to a missing spare part can lead to considerable financial losses.

The digital transformation is opening up new ways for industrial companies to create value - particularly through digital and AI-supported business models. Permanent sources of income via subscription models and digital services promise great potential, but pose considerable challenges, particularly for medium-sized mechanical and plant engineering companies.

The sickness rate has risen steadily in recent years.