Solution
Digitization Maturity Levels
Digitization Maturity Levels
Measurement and evaluation of the digitization maturity levels
Overview
What is Digitization Maturity Level?
A company-specific digitalization level can be evaluated with the help of a maturity model to give manufacturing organizations an initial insight into their current state; this can serve as a starting point for future optimization and digitalization projects. Also, the results of such an investigation can be used to make fair comparisons between different parts of the company and with competitors.
Digital Maturity
A practical and economical IoT and Industry 4.0 strategy starts with an objective appraisal of the company’s digitization potential and implementation challenges. In actuality, it’s a good idea to start with a systematic maturity study because most firms currently have a large number of digitisation solutions, but they don’t follow a consistent strategy.Â
Praxis Value’s IoT scan method ensures transparency and enables organized evaluation, idea collection, and improvement and development approaches. Prioritize action fields and create a roadmap with concrete implementation steps.Â
Praxis Value’s mission is to locate the proper technologies and solutions for the company’s IT infrastructure. Always emphasize the benefit. Digital transformation is always profitable if done effectively. Our customers have shown in several projects that process reform can increase efficiency by 30% and digital support by 10%.
What to Expect
Our Approach
Our framework represents successive stages of digitization, also serves as a reference framework for the maturity assessment
Praxis Value approaches digital transformation from two angles: top down, based on business strategy, and bottom up, based on an investigation of processes, systems, and organizations to determine potentials. While determining the level of digital maturity, we look at production, logistics, quality, maintenance, IT architecture, and organizational structure. Significant and long-term cost reductions are achieved in business.
At Praxis Value we can determine the most appropriate new technologies to adopt and combine for each industry we work in. We have the capacity to conceptualize and create with our clients, to design, create, and then operate the systems they require. We can reimagine our clients’ business models, increase end-user experiences, and find new revenue streams and cost savings for them. We will speed up the intelligent industrial revolution by fusing these fields of knowledge and international expertise.
At Praxis Value we leverage facts to make impactful decisions, with the goal of maximizing financial value, and this spirit infuses all we do. Our approach is to capitalize on the potential opportunities, which results in an increase in EBITDA.
Benefits
(Development to Production)
(Administrative Area)
Personnel Costs
Client Results - Case Study
Industry – Industrial Engineering
Our client was facing issues when it came to optimizing a production plant for dashboards: the entire process chain, as well as all risk elements in production and supplier management, had to become more transparent. At the same time, because a sensitive material was being processed, even minor manufacturing errors resulted in complete output rejection; the scrap rate had to be lowered
Industry 4.0 with Praxis Value
Better Productivity
Praxis Value assists industrial firms of all sizes in utilizing smart manufacturing to enhance their operational activities and production.
Improved Workflow
We provide strategies and solutions that enable you to increase productivity and value creation on your projects.
Hidden Insights
Our dedicated team of industry experts will ensure that you get the most out of Industry 4.0, the Internet of Things, and advanced analytics.
Experienced Workforce
Our firm is comprised of seasoned senior analysts from a variety of industries and data scientists skilled in advanced statistical modelling.
Related Services
Digital Maturity
SMART Factory
Factory - To a new level
Digital Twins
Quality & Production
What we think
What can we help you achieve?
You are on the way to the easiest business growth ever. Don’t hesitate and reach us today to change the future