Industry digitalization requires commonly agreed standards, automated intercompany business processes and business rules to manage these multilateral processes. Modern API technology flavored with blockchain and smart contracts helps solving the integration and trust challenges. These are the basic elements of the Maritime and Process Industry Supply Chain development projects that are leading industry digitalization. DBE Core (Digital Business Ecosystem) visions are coming true! Continue reading
Cracking cost saving potential exist in intercompany information exchange – says ProMaint magazine (published by the Finnish Maintenance Society). Digitalization of intercompany information exchange has got its moment in time. New national development project is starting! Read, what ProMaint says about the Finnish process industry targets and urges. The article is in Finnish.
Businesses are constantly improving their internal business processes and competence. Digitalization through IoT, cloud services, e-commerce and many other new things bring up various incoherent demands to their IT systems. In this environment the challenge is to organize business processes with the external partners in a proper yet transparent way. External business processes mean intercompany information exchange that often may be multilateral. Several companies may work together each bringing its best competence to achieve a common goal. Continue reading
Plant asset information plays key role in operations and maintenance (O&M) and procurement processes that Enterprise Resource Planning (ERP), material management and maintenance management (MRO – Maintain, Repair and Overhaul) systems run. The systems became part of ordinary business life more than 20 years ago. However, the external intercompany business processes in equipment and service procurement have mainly remained untouched since then. Why? Continue reading