SAP - Intelligent Products Report - May2021

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INDUSTRY 4.0

Intelligent Products Report


Consumers now expect every product they buy to be delivered their way: in their colours and with their chosen combination of capabilities KEITH ZOBOTT

GLOBAL VICE PRESIDENT OF DIGITAL PRODUCTS AND PROJECTS


INTELLIGENT PRODUCTS REPORT

INTRODUCTION

Intelligent Products Intelligent Products take many forms and are redefining the relationship between manufacturers and end users

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ntelligent Products take many forms and are tough to define. A custom t-shirt in colours chosen by a consumer and shipped to their door is an Intelligent Product. So is an industrial machining unit using sensors and IoT to collect data and inform operators of maintenance issues or how processes could be more efficient. A mobile device is both of these things: aesthetically distinct and operationally customised by the user. The only truly consistent characteristic is that demand is growing, and manufacturers unable to adapt and deliver will fall behind the curve. Intelligent Products is one of the four pillars of SAP’s Industry 4.0 initiative, alongside Intelligent Factories, Intelligent Assets and Empowered People. Keith Zobott, Global Vice President of Digital Products and Projects, describes Intelligent Products as “very complex devices, whether they're aircraft or machinery, but with some common threads in all of them”. Here he explores how both consumers and enterprises stand to benefit from the wider adoption of these connected and customised smart products, from greater customer satisfaction, to cost savings and fundamental improvements in the way businesses design, manufacture and deliver.

The IoT in manufacturing market size is projected to grow to

$45bn+ by 2022 marketresearch.com


SAP INDUSTRY 4.0

EXECUTIVE INTERVIEW

Custom Products for the Connected Customer Keith Zobott, Global Vice President of Digital Products and Projects at SAP explores the fundamentals of Intelligent Products, and the benefits for both consumers and manufacturers

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ou’ve probably used an Intelligent Product, whether you realised it or not. Cars which use sensors to remind drivers to refuel, or cameras to assist their parking, are Intelligent Products. The custom case protecting your mobile device is an intelligent product, too. They all share fundamental characteristics, including the ability to adapt to their environment or how they're being used, the ability to minimise maintenance costs, or maximise performance, and the ability to be personalised by customers. But the concept is far reaching and can broadly be divided into two categories: aesthetic customisation and performance optimisation. “At SAP we’re tackling both of those things,” says Keith Zobott, Global Vice President of Digital Products and 4

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KEITH ZOBOTT

Projects at SAP. Zobott uses a pair of exercise shoes as an example of how a product can be both, simultaneously. A runner may buy a pair of smart shoes to help improve their performance. The footwear can track their movements, distance travelled, the locations they visited and other common data points that wearables on the market can already measure. But they can also pinpoint specifics such as foot positioning while taking a stride, or which part of the foot is taking most of the pressure. On the other side of the equation, a consumer may simply want a shoe that looks great. “We know that consumers now expect every product they buy to be delivered their way: in their colours and with their chosen combination of capabilities,” Zobott explains. “So SAP is building an ecosystem that allows manufacturers to provide products that


FEATURE HEADER SAP: WHITE PAPER

are unique to consumer needs, but in a way that is quick and efficient.” INTELLIGENT PRODUCTS IN BUSINESS The positives Intelligent Products bring to end users are obvious, but manufacturers also stand to reap their own benefits as they gain traction. “We already see the need for Intelligent Products in a lot of machinery today, whether it's industrial machinery, or aircraft and automotive machinery,” says Zobott. “I would say that’s rooted in the fact that OEMs want to reduce the total cost of ownership of this equipment. And manufacturers can take advantage of this flexibility to optimise both the non-recurring costs related to the cost of developing an asset or a product, as well as the recurring costs that are built into a product. “Others are benefiting by leveraging a product platforming strategy, which enables them to drive reuse significantly within their particular product families,” Zobott adds. “We're gathering all this

SAP has integrated design solutions connecting the data that allow manufacturers to provide unique products for consumer needs

really interesting data, but if we don't find a way to reconstitute that data in an efficient way in the next design, what good is it? These are just some of the ways it adds value.” Once implemented, the model perpetuates a cycle of self improvement. “Every process, every tool, and every set of data feeds back at every stage to continually learn and improve,” Zobott continues. “So businesses can understand more about the engineering assumptions that were made early in the design process, and either validate or invalidate them. “From a business standpoint, what we're really talking about here is the future of changing the whole experience, instead of just changing the product or service you're selling. The most expensive things for an airline operator, for example, are delays and cancellations. So there is tremendous sap.com

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SAP INDUSTRY 4.0

Keith Zobott from SAP talks about digital products in Supply Chain

value in reducing those by just a fraction through gaining more insights into the performance of an engine or any aircraft system. Using this data, you can maybe tweak maintenance intervals to avoid any unwanted delays and cancellations. The benefits to customer satisfaction and other costs can be dramatic.”

What we're really talking about here is the future of changing the whole experience instead... 6

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THE KEY IS GETTING STARTED A digital transformation journey of this magnitude can rapidly become “overwhelming”, Zobott admits. The initial and most common hurdle to overcome is often organisational: how siloed a company’s departments are and how much data they share, from procurement and supply chain, to engineering and manufacturing. The COVID-19 pandemic exasperated this issue. Organisations that were once only partially disconnected have become more fragmented and siloed. “It really validated the need for improved collaboration capabilities, to be more connected and have resilient processes,” Zobott says. “Many companies are now looking at Intelligent Products and how


INTELLIGENT PRODUCTS REPORT

SAP can help them reach their business goals. They are especially interested in our digital thread concept. That’s not simply connecting the dots, but connecting processes and actually breaking down those organisational barriers so that businesses can begin to get visibility upstream and downstream in these processes. That's a key part of our design operation strategy.” Here SAP is leveraging its vast wealth of expertise, data and integrated platforms to guide businesses of all sizes through their digital transformation. “These are expensive investments, they are hard projects to successfully accomplish, and they can

Our digital thread concept is not simply connecting the dots, but helps break down organisational barriers take anywhere from 18 months to five years depending on how comprehensive they are. At SAP we’re delivering packages that allow customers to access rapid start capabilities. That can be in product lifecycle costing, or maybe in manufacturing through the cloud. We’re creating those on-ramps to make it easy for our customer to try out these capabilities and see if it works for them, and then build on it. The key thing is getting started.”

KEITH ZOBOTT TITLE: GLOBAL VICE PRESIDENT OF DIGITAL PRODUCTS AND PROJECTS Keith's background includes over 30 years of experience with product development, discrete manufacturing, Product Lifecycle Management (PLM), advanced analysis tools, and portfolio & program management. Keith led initiatives in large, complex, global organizations to reduce time to profitability, drive increased customer value, and increase cross-functional process integration. Currently, leading SAP’s Digital Product & Projects solution management organization where our customers’ digital twin begins and initiates our design to operate digital transformation journey toward becoming an Intelligent Enterprise. Industry 4.0 technologies, including Product Lifecycle Management (PLM), are leading to significant disruption across manufacturing industries. Before joining SAP, he held various global leadership roles including developing strategic plans for Enterprise Product Lifecycle Management (PLM) and other product development enabling technologies for multi-billion-dollar global businesses.


SAP INDUSTRY 4.0

INTELLIGENT PRODUCTS BY THE NUMBERS

36% vs 33%

Profit margin of smart products compared to other goods, on average

1 in 3 sales are generated by products

with embedded smart devices or intelligence

67%

of manufacturers produce finished products with embedded smart devices or intelligence

46%

of manufacturers are focused on embedding smart devices into products...

45%

…Yet of manufacturers face challenges accessing the required technologies

34%

face challenges finding suppliers capable of delivering high quality smart devices 8

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29%

still struggle to clearly define the customer needs or where smart products can add value Source: MPI/SAP


FEATURE HEADER INTELLIGENT PRODUCTS REPORT

Types of Industry 4.0 products created by percentage of manufacturers Our company’s finished products with embedded smart devices and/or intelligence

27%

Parts/components for other manufactures' products with embedded smart devices and/or intelligence

31%

Industry 4.0 software for manufactures' products

42% 40%

23% Some products

42%

Many products

Financial impact of the application of Industry 4.0 products in past year by percentage of manufacturers

Increase more than 10 percent

17% 16% 43% 42%

Increase 6-10 percent

27% 28%

Increase 1-5 percent

Branding and market awareness

Differentiating products in the market

Source: MPI/SAP

42%

37%

26%

Fluids/substances for other manufactures' products with embedded smart devices and/or intelligence

Customer support

39%

27%

Materials devices for other manufactures' products with embedded smart devices and/or intelligence

by percentage of manufacturers reporting “significant improvement”

41%

28%

Smart devices for other manufactures' products

Biggest areas of improvement through Industry 4.0 products

30%

8% 9%

No change Decrease No Industry 4.0 currently or planned

0% 1% 5% 5%

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