Page 42 - ITAtube Journal 2/2019

Technical Papers
Messe Düsseldorf GmbH
VALVE WORLD EXPO 2020: A journey to Data Utopia
Thanks to digitalization and industry 4.0, valve manufac- turers can look forward to a promising future. A future with extremely decreasing defect rates, higher cost savings and most importantly improved competitiveness.
Digitalization and industry 4.0 have picked pace long ago. Many companies in the valves sector have already jumped onto the bandwagon enthusiastically. And while on it, they want to strengthen their competitiveness – with big impact and most impor- tantly huge volumes of relevant data. This ride into the future is moving fast nearly all across the industry. Even though no one exactly knows what to expect from industry 4.0. But it seems prom- ising and encouraging. Is there really a Utopia waiting out there?
Digital is better – and will come out on top. According to TÜV Nord Group, this express train zooming
towards the future is unstoppable. “Digitalization is a key concept of the future of our economy and industry”. It is a trend just like globalisation or urbanisation, emphasises Christian Ziegler, Manager Marketing, Communica- tion and Digitalization at SMC.
Increased revenues,
decreased costs
The implementation has begun long ago. The large plant and engineering construction sector is working purposefully to lev- erage industry 4.0 “to increase revenues, shorten product devel- opment time and decrease costs,” explains Jürgen Nowicki, spokes- person for the Large Industrial Plant Manufacturers Group (AGAB) citing the 2017 study “Potenziale von Industrie 4.0 im Großanlagen- bau” on industry 4.0 potential for the industrial plant engineering and construction sector that was conducted by the German associ- ation VDMA (“Verband Deutscher Maschinen- und Anlagenbau e.V.”)
ITAtube Journal No2/May 2019
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