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The dark factory dream According to Rothe, there are many advantages to the digitalization of manufacturing based on the principles of Industry 4.0. SAP assures its customers this will help buyers see how they can better comply with duediligence and report against the background of new ESG laws.
Since the rise of ESG backlash , investors have had to establish their own duediligence processes to vet whether a corporation was being honest in its labeling. And for investors, duediligence only goes so far in revealing how altruistic a company’s ESG initiatives truly are.
Pinpointing quick and accurate insights is key to gaining a first mover advantage and informing confident allocation adjustments within a portfolio. For example, more than one company faced challenges relating to high project costs, complex valuechains, high interest rates, grid access, and permitting issues, among others.
That expert call may be one of the single advantages in the stack. Because your competitors likely have access to the same sources, this doesn’t provide a competitive advantage. In other words, what areas in your research topic can expert calls provide you with a competitive advantage?
should not overshadow the long-term benefits of digitalization—future cost savings, greater efficiency and productivity, and a strong competitive advantage. The short-term obstacles such as training the staff, switching out equipment, etc.
In the meantime, as explained by Perugini, CIOs must do duediligence on the data their companies collect from connected devices and understand where they are in the valuechain whether they are the owners, users, or recipients.
At the same time, the oil and gas industry has undergone a digital transformation, with companies racing to integrate advanced technologies and automation throughout their valuechains, so as to remain competitive. Overall, the industry enters this year well poised for success , with a strong financial position and high oil prices.
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