Data-driven business models are high on the agenda of European machine tool builders
Data-driven business models are high on the agenda of European machine tool builders, according to an enquiry by CECIMO
Other findings included:
• Building a hybrid skills pipeline that merges ICT and production technologies is seen as an important priority
• Greater certainty on the right to access different types of data generated by machines would be a necessity for machine tool builders to tap into new business opportunities
• European machine tool production is growing slightly to a level above 24,2 billion euro in 2016
• Exports will remain stable at €18,7bn
• European machine tool production global market share is growing and exceeds 40% in 2016.
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