The 6 Forms Of Digital Solution

What is Digital Solution?

We think the digital solution meaning that describes many solutions in which digital technology is used to address a problem. Generally, a digital format will handle both the problem and the resolution.

Digital services are expected to rise significantly for the revenues of the digital solution agency. When more digital solutions come to market, businesses are beginning to see them as a development industry for business.

From web/mobile development, virtual manufacturing, and artificial intelligence to augmented reality, and digital marketing solutions. But if we consider more the typical key attributes, over 90 percent of digital solutions can still be divided into 6 types of solutions.

Types of Digital Solution

1. Optional digital system

Digital improvements to ready to step hardware are developed to bring value to customers. This is a digital solution example, Trumpf’s Smart Collision Prevention, customers no longer care about substantial leisure time or high expenses involved in cutting fragments for laser head collisions. The software is pre-installed with every new Trumpf device and can be triggered with a key which the company sells. The main feature of this form of a digital solution is its proximity to the current offering of hardware components, and that no additional hardware or integration service is needed most of the time.

2. Digital solution system

Digital systems combine hardware (e.g. sensors), integration services, and software to act as a device that gives its customers comprehensive value.

3. Multi-sided platforms

These Cloud platforms keep track of processes and devices, track users and businesses, and build and run applications. For instance, Siemens’ MindSphere manages an IoT platform that integrates “real objects to the digital world.” It functions like an operational system and stores Big Data from millions of physical devices that are still connected with sensors.

4. Technology for process optimization

Software deployed on the cloud is applied to the entire development process. For example, Körber collaborated with hygiene paper products company, WEPA, to create K.Edge solutions, a data-capture system that collects and contextualizes data from manufacturing equipment through analysis and visualization. This software application helps workers to transmit information easier from one shift to another or to compare it to output figures in their processes.

5. Enhance digital solution 

Companies are adding a digital format to their service contract to boost their current portfolio of services. This was accomplished with success by ThyssenKrupp with Maxx, the first real-time, cloud-based predictive maintenance system in the elevator industry. It “takes elevator performance, durability, and productivity into new heights” by anticipating maintenance problems before they arise and flagging the need to upgrade components and systems before their lifecycle is over.

6. Digital solution consulting 

Digital solution companies establish autonomous branches to provide consultancy and innovation to improve digitally powered processes. These groups have business models of self-feeding and their own responsibility for revenue and expenses. Although “data consultancy” can be seen as a company of its own from an external viewpoint, from a vendor perspective it also allows for substantial cross-selling and up-selling of the own digital solutions of the businesses.

Duyen Ho – Digital Marketing Specialist of CrossTechCom – Reuters