INDUSTRY VALUE NETWORK:
DRIVING COLLABORATION AND INNOVATION ACROSS THE INDUSTRIAL MACHINERY AND COMPONENTS INDUSTRY
Business challenges confronting the industrial machinery and components (IM&C) industry – growing competition, intellectual property protection, spare parts piracy, declining sales profits, and increasing customer expectations – are forcing companies to do more than just sell products and spare parts. Today's IM&C companies need to create new streams of revenue by adding value to their product offerings. That requires adopting a new business model that can transform IM&C companies from mere product providers into solution providers.
The Industry Value Network group for industrial machinery and components brings SAP together with SAP customers and partners to focus on delivering solutions and services that support the new business processes IM&C companies require in order to become successful solution providers.
The group drives strong collaboration among members to accelerate co-innovation and provide integrated, multivendor solutions and services that support key end-to-end business processes for our customers. This enables SAP customers to benefit from a new level of interoperability, reduced total cost of ownership, as well as increased transparency and productivity across the entire value chain.
The Group for IM&C – In Action
Members of the SAP Industrial Machinery & Components Industry Advisory Council are working with SAP and leading-edge partners to deliver innovative solutions and new, extended integration scenarios that address the key challenges in the industry. Find out more about the SAP partners helping to address these challenges: