To serve the needs of their customers, manufacturing companies are now placing a greater focus on cultivating a collaborative ecosystem of partners, each with specific technological and domain expertise, all working together to support better, more productive outcomes.
In a thriving partner ecosystem, the sum of collaboration is of greater value to the end customer than the individual parts. OEMs, distributors, system integrators and technology partners can all play an important role in growing the combined value and evolving the ecosystem’s capabilities to be more responsive to market needs.
As customers navigate an increasingly complex landscape of hardware and software, a partnership-led approach can produce significant benefits. This includes helping explore potential advances in manufacturing technologies such as edge, advanced analytics, cybersecurity, IIoT and augmented reality (AR). But what is the best way to establish this growth and how can your business cultivate this type of ecosystem? Here are three important areas to consider.