SIEMENS Philippines recently hosted a forum attended by stakeholders in relevant spheres of business and society to foster conversations about the biggest paradigm shift taking place in the world today – digitalization.
Along with the expanding connectivity in the world comes the need for a fundamental differentiator that will enable companies to retain their competitive edge. Digitalization transforms business operations through digital technologies that pave way for lower operational costs, energy efficiency, enhanced production quality, flexibility and efficacy, speedier response time to customer requests, and innovative business opportunities.
“Siemens is a frontrunner in digitalization. We are going full speed ahead in shaping the digital transformation – with groundbreaking innovations, open collaboration and ingenious minds, and we are here to help businesses in the Philippines realize the value and maximize the benefits of digitalization,” said Dr. Armin Bruck, Regional CEO of Siemens and President & CEO of Siemens Pte. Ltd..
The company is offering a rich and comprehensive digital portfolio by combining Siemens Software, the cloud-based, open IoT operating system MindSphere and digital services across all domains.
One zettabyte – that’s 1x1021 – is 50 percent more than all the grains of sand on all of Earth’s beaches. And by the year 2020, the volume of digital data stored is expected to surpass 40 zettabytes, an astronomical amount of information with equally momentous potential.
Amidst overwhelming forecasts of the 40 to 50-fold worldwide growth in the volume of digital data between the years 2010 and 2020, Siemens has come up with MindSphere- a cloud-based operating system that allows one to understand and maximize the wealth of data found in every machine and system of a business. Through the concept of connecting everyday devices to the Internet, otherwise known as the Internet of Things, MindSphere seamlessly integrates physical infrastructures to the digital world. This particular breakthrough lets businesses harvest massive volumes of data from billions of intelligent devices, and uncover transformational insights that could help spur growth and productivity. With the promise of reducing downtime, increase in output, and a more proficient utilization of assets, MindSphere boasts of its open platform that enables businesses to develop and manage applications like never before.
The digital enterprise is already a reality, and companies are pursuing its benefits and opportunities through digital transformation, which requires seamless integration of big data along the value chain. To remain competitive, Siemens encourages businesses to embrace change.
“In the Philippines, we are already working with our customers to make digital transformation a reality. With our industry know-how and digital portfolio, we can digitally adapt and enhance legacy systems and identify where digital technologies can best enhance performance, productivity and competitiveness,” said Jorel Nuyda, President and CEO of Siemens Philippines.
Globally, the company’s digitalization initiatives are focused on manufacturing, energy, transportation and mobility, building technologies, and healthcare.
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