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Siemens' Customer Value Proposition for the Migration of Legacy Devices to Cyber-Physical Systems in Industrie 4.0

Siemens' Customer Value Proposition for the Migration of Legacy Devices to Cyber-Physical Systems in Industrie 4.0

Diana Claudia Cozmiuc, Ioan I. Petrisor
Copyright: © 2020 |Pages: 24
ISBN13: 9781522592730|ISBN10: 1522592733|EISBN13: 9781522592747
DOI: 10.4018/978-1-5225-9273-0.ch047
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MLA

Cozmiuc, Diana Claudia, and Ioan I. Petrisor. "Siemens' Customer Value Proposition for the Migration of Legacy Devices to Cyber-Physical Systems in Industrie 4.0." Disruptive Technology: Concepts, Methodologies, Tools, and Applications, edited by Information Resources Management Association, IGI Global, 2020, pp. 955-978. https://doi.org/10.4018/978-1-5225-9273-0.ch047

APA

Cozmiuc, D. C. & Petrisor, I. I. (2020). Siemens' Customer Value Proposition for the Migration of Legacy Devices to Cyber-Physical Systems in Industrie 4.0. In I. Management Association (Ed.), Disruptive Technology: Concepts, Methodologies, Tools, and Applications (pp. 955-978). IGI Global. https://doi.org/10.4018/978-1-5225-9273-0.ch047

Chicago

Cozmiuc, Diana Claudia, and Ioan I. Petrisor. "Siemens' Customer Value Proposition for the Migration of Legacy Devices to Cyber-Physical Systems in Industrie 4.0." In Disruptive Technology: Concepts, Methodologies, Tools, and Applications, edited by Information Resources Management Association, 955-978. Hershey, PA: IGI Global, 2020. https://doi.org/10.4018/978-1-5225-9273-0.ch047

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Abstract

Industry is transforming from Industrie 3.0, automation, to Industrie 4.0, digitalization. Siemens intends to be a key player in Industrie 4.0, whose customer value proposition will shape manufacturing industries at customers. This chapter analyzes Siemens' customer value proposition for cyber-physical systems as manufacturing equipment and products in terms of this technology's impact on value. The goal is to identify concrete value drivers which cyber-physical systems technology in Industrie 4.0 brings. The statements about these value drivers belong to Siemens and are compared to operations' management literature. Cyber-physical systems negotiating as peer-to-peer in Industrie 4.0 will bring a new level of complexity. Manufacturing complexity builds complex products. Cyber-physical systems peer-to-peer negotiation decides manufacturing scheduling and brings unprecedented levels of complexity and flexibility. Manufacturing complexity enables new business models, one of which is mass customization.

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