Conventional e-commerce platforms are not suitable for the sale of complex industrial equipment or services. Besides, manufacturing companies, machinery and equipment manufacturers, service providers and potential buyers are reluctant to accept the business model of these digital platforms. A new business model adapted to their needs is required.
To address the above challenges, MARKET4.0 research project is developing an open and digital platform that enables service providers and machinery and equipment manufacturers to connect and collaborate with manufacturing companies. MARKET4.0 provides a “plug & produce” environment for companies in the metal, plastics and composites processing and high-tech industries as well as their customers within the European Union. The platform aims to build financial and technical trust between the parties involved.
Main aspects of the project:
Concept of MARKET4.0*
ERP suppliers who join MARKET4.0/SCSN, connect their own customers with a large number of potential business partners. Smaller companies, in particular, benefit from visibility on the platform. Our sub-project – “EDI Multiply” reflects this multiplier effect. The final development of our own demonstrator integrated into our IT landscape, shows the feasibility of on-boarding, for us, as an SME.