PRZOOM - /newswire/ -
Heidenheim, Baden-Württemberg, Germany, 2019/07/09 - Voith and SMS digital, the digital subsidiary of SMS group, announce plans to bundle competencies in platform development - VoithInnovationLab.com. FSE: VO2A
• Bundling of resources and exchange expertise for joint platform development;
• Cross-industry applications and services for the IIoT;
• Deep domain knowledge to address customer needs for digital applications.
The aim of the cooperation is to offer platform services for their industrial Internet of Things (IIoT) solutions. The two companies are joining forces to digitalize business with smart applications and efficiently share development resources and competencies.
The joint platform provides both companies the opportunity to use new applications across different industries in the other’s worldwide core markets and speed up the development process of customer-relevant applications. For example, SMS digital can introduce its Smart Alarm more efficiently in Voith's core markets and the process industries. Meanwhile, SMS benefits from Voith’s OnCumulus apps designed for production efficiency enhancement and asset management.
While most of the platform services are industry-independent and can be jointly used by both companies, some that are app- or industry-specific will be reserved for the respective company. The customer gateways MyVoith and mySMS still remain the central and cross-sector contact points for customers, partners and suppliers of each company. Additionally, these gateways serve as company-specific access points to the respective IIoT applications. The platforms and applications are accessible via all common mobile devices.
Building on deep domain knowledge in their respective industries, both the Voith Group and SMS group make effective use of these competences, developing highly efficient digital applications specifically for their customers’ needs. Both companies share not only this common background, but also a common vision.
“Together, we provide platform solutions and technologies for the digital age that offer real added value to our customers.”
Dr. Benedikt Hofmann, CTO, Voith Digital Ventures
“SMS digital identifies and develops innovative products for the metals industry, and we are very pleased to have the opportunity to take a further step in the digital transformation of key global industries together with Voith,” says Prof. Dr.-Ing. Katja Windt, Member of the Board of Management, SMS group GmbH.
About SMS digital
SMS digital is the digital subsidiary of SMS group GmbH, a market leading supplier of digital solutions for plant and equipment in the steel and NF-metals industry. With over 14,000 employees, SMS group generates worldwide sales totaling EUR 3.3 billion.
In close cooperation with its customers, SMS digital identifies and develops innovative products for the metals industry, building on most advanced development techniques, in-depth metallurgical process know-how and technological expert knowledge. With digital applications and the use of artificial intelligence, SMS digital supports customers in implementing IIoT-solutions while disclosing efficiency potentials of their learning steel mills.
About the Voith Group
The Voith Group (voith.com) is a global technology company. With its broad portfolio of systems, products, services and digital applications, Voith sets standards in the markets of energy, oil & gas, paper, raw materials and transport & automotive. Founded in 1867, the company today has more than 19,000 employees, sales of € 4.2 billion and locations in over 60 countries worldwide and is thus one of the large family-owned companies in Europe.
About Voith Digital Ventures
The Group Division Voith Digital Ventures (voithinnovationlab.com) bundles the Voith Group’s long standing automation and IT expertise with the deep know-how in the fields of water power, paper machines and drive engineering. As an incubator, this Group Division is pushing for the development of new digital products and services. For decisively shaping the digitalization of mechanical and plant engineering, Voith is driving the industrial Internet of things (IIoT) forward. The Group Division plays a central role in digital innovations and applications for new markets as well as the development and responsibility for existing and new digital venture activities.