Glossary

Working method aimed at finding new ideas and solutions to specific challenges

refers to the focus of the originally consumption-oriented IoT on industrial concepts

Implementation management ensures that initiatives are effectively and systematically put into practice.

Structured execution plan detailing timeline, responsibilities, and resources for implementing change in the organization.

Systematic processes and methods that companies use to continuously improve various areas.

a quality control system integrated into the production line

Company departments that are not directly involved in the production of goods or the provision of services.

Automated, programmable machines used in industrial manufacturing processes.

Transformation from an agrarian to an industrial society

Method for manufacturing plastic parts.

refers to the development and implementation of new ideas, products, services or business models that offer significant added value

Entrepreneurial process

The term refers to a systematic sequence of activities.

outlines the path to developing and introducing new products, services or technologies

With an innovation strategy, companies develop new ideas, technologies, products or services and bring them to market

Integral factory planning combines all disciplines and levels into a holistically coordinated factory concept.

Information that reflects the behavior and intentions of users or potential customers on the internet.

Refers to the internal logistics processes of a company or organization.

the pooling of activities and resources for manufacturing into groups