Bosch Connected Industry joins up with Bain & Company for digitalization

Tuesday October 02, 2018
Written by Manufacturing AUTOMATION
October 2, 2018 - Bosch Connected Industry, an operating unit that combines software and services for Industry 4.0 under the name Nexeed, has announced a new partnership with management consulting firm Bain & Company to bring their collective Industry 4.0 technology and management expertise to companies seeking to maximize the benefits of digital within their operations.

According to Bain & Company, a systematic approach based on a solid assessment of the company’s starting point and individual opportunities is essential. The company says that often, when companies embark on a digital transformation, they focus on business model changes while ignoring or underestimating the value of digitalization in operations, where the real short- and mid-term potential of digital transformation lies. Digitalization of operations constitutes an important source of internal financing and, if done correctly, can deliver a 15-20 per cent increase in efficiency.

“Industrial companies are under growing pressure to maximize the efficiency and flexibility of manufacturing plants across all functions – from production to indirect and support processes,” says Jörg Gnamm, industry partner in Bain & Company’s Munich office. “However, most of these companies find it difficult to unlock the full potential of their digital transformation, due in large part to the lack of a structured approach that results in uncoordinated and isolated pockets of digitalization efforts.”

Together, Bain & Company and Bosch Connected Industry will offer companies a more systematic and state-of-the-art approach to holistic digitalization across their operations – from innovation to process optimization and implementation support for technology solutions – to better identify areas of untapped value. As part of the partnership, companies have compiled more than 150 use cases for digitalization.

Bain & Company embeds digital capabilities into all of its industry and functional practice areas, and augments its core consulting services with its in-house advanced digital and product team, which includes experts in human-centered design, prototyping, software engineering, digital marketing and advanced analytics.

Add comment

Security code

Subscription Centre

New Subscription
Already a Subscriber
Customer Service
View Digital Magazine Renew


Digital Industry USA
September 10-12, 2019
EMO Hannover 2019
September 16-21, 2019
Weidmuller Open House
September 17, 2019

We are using cookies to give you the best experience on our website. By continuing to use the site, you agree to the use of cookies. To find out more, read our Privacy Policy.