New Venture Development
Industrial Parts Distributor
Growth is slowing in our traditional business areas but our market insight and process expertise present opportunities in new markets.
The economics of smart factory design and servicing in China were evaluated to identify the market potential for new SaaS solutions.
- Assess the smart factory competitive landscape and value chain in China
- Define a business model to generate new revenue from SaaS integration
- Identify pilot partners to validate demand and refine the offering