Stefan N. Grösser
Arcadio Reyes-Lecuona Göran Granholm Editors
Dynamics
of Long-Life Assets
From Technology Adaptation to
Upgrading the Business Model
Dynamics of Long-Life Assets
Stefan N. Gr ö sser
•Arcadio Reyes-Lecuona G ö ran Granholm
Editors
Dynamics of Long-Life Assets
From Technology Adaptation to Upgrading
the Business Model
Editors
Stefan N. Grösser School of Management
Bern University of Applied Sciences Bern
Switzerland
Arcadio Reyes-Lecuona E.T.S.I. de Telecomunicación Universidad de Málaga Málaga
Spain
Göran Granholm
VTT Technical Research Centre of Finland Ltd.
Espoo Finland
ISBN 978-3-319-45437-5 ISBN 978-3-319-45438-2 (eBook) DOI 10.1007/978-3-319-45438-2
Library of Congress Control Number: 2017932015
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Foreword
The recent globalfinancial crisis has underlined the importance of the real economy and a strong industry with industrial activities integrated in rich and complex value chains, linking multinationals to small or medium enterprises across sectors and countries. Economies with a solid manufacturing base focusing on high-tech or medium-tech activities and with integrated value chains have proved to be more resilient to the economic downturn and better placed to achieve higher growth in times of rebound.
A strong industrial base is of key importance for Europe’s economic competi- tiveness. With scarce natural and energy resources and ambitious social and environmental goals, EU companies cannot compete on low price and low quality products. They must turn to innovation, productivity, resource-efficiency and create high value-added in order to compete in global markets. Europe’s comparative advantage in the world economy lies and will continue to lie in high value-added goods and services. And for this, it will have to rely on innovation and techno- logical advancement as its main source of competitiveness.
Use-it-Wisely, a EUR 8.6 million industrial project supported under the European Commission’s Seventh Research and Innovation Framework Programme over the last 39 months, has attempted to achieve this. It has investigated tools and methodologies to help industries adapt to an environment characterised by constant change. The approach has built on the idea of a continuous, incremental upgrade process based on close collaboration between involved actors throughout the pro- duct life cycle. Managing this process requires a holistic understanding of the causal effects of various factors to support strategic decision making regarding technology upgrades, service development and introduction of novel business models.
Solutions based on virtual and augmented realty and 3D scanning technologies were applied.
The tools and models developed in this project were implemented and tested in six different industries. They comprised service inspection of power turbines, modular upgrades of mobile rock crushers, space applications engineering,
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production systems in truck production, marine vessel data management, and office furniture supporting a radical, circular economy approach.
The project’s diversity has proved to be its particular strength: interacting with seemingly unrelatedfields of industry has contributed to an unprecedented transfer of knowledge, experience and technological know-how amongst the involved researchers and industrial practitioners, providing fertile ground for new ideas and solutions.
The European Commission is happy with this project’s outcomes and as the official responsible for the monitoring of this project’s activities I recommend the study of the material contained in this book.
January 2017 Dr. Erastos Filos
European Commission Directorate-General for Research and Innovation Brussels, Belgium
vi Foreword
Acknowledgements
This work was made possible through a collaborative research project jointly funded by the European Commission through the contractual public–private part- nership (PPP) on Factories of the Future (FoF), and the twenty organisations par- ticipating in the project. We want to thank all project partners for their genuine engagement, enthusiasm, and collaborative effort. Special thanks go to the con- tributing authors and to all researchers, engineers, and other staff making possible the results reported in this book. Moreover, we are indebted to Paul McDonnell and Stephen Walker of Carr Communications for their magic abilities to alter and improvefigures in the chapters. Finally, we would like to thank the Project Officer Dr. Erastos Filos and Project Technical Adviser Dr. Marco Sacco for their valuable insights and assistance throughout the project. The research leading to these results has received funding from the European Community’s Seventh Framework Programme under grant agreement No. 609027 (Project Use-it-wisely).
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