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๐๐ ๐๐ผ๐๐ฟ ๐ฆ๐ผ๐ณ๐๐๐ฎ๐ฟ๐ฒ ๐ฅ&๐ ๐ฏ๐๐ฑ๐ด๐ฒ๐ ๐ฑ๐ฟ๐ถ๐๐ถ๐ป๐ด ๐๐ต๐ฒ ๐ด๐ฟ๐ผ๐๐๐ต ๐๐ผ๐ ๐๐ฎ๐ป๐? For decades, industrial companies have built their success on hardware products and after-sales services. Today, a third growth pillar is emerging: ๐ต๐ฎ๐ฟ๐ฑ๐๐ฎ๐ฟ๐ฒ-๐ฒ๐ป๐ฎ๐ฏ๐น๐ถ๐ป๐ด, ๐๐ฎ๐น๐๐ฒ-๐ฎ๐ฑ๐ฑ๐ถ๐ป๐ด ๐๐ผ๐ณ๐๐๐ฎ๐ฟ๐ฒ โ from smart machine functionalities to digital twins, predictive maintenance, and AI-driven applications. However, many companies underestimate a critical reality: software cannot be managed as โhardware plus code.โ Building a successful software business requires a fundamentally different approach to R&D: โ Different investment priorities โ Software R&D funding at competitive levels โ Faster development cycles โ A stronger focus on scalability and recurring value creation In our latest study, we analyzed 180 global technology and software companies, comparing hardware-centric organizations with pure software players. The findings reveal clear patterns that distinguish companies that successfully scale profitable software businesses from those that struggle to unlock their full potential. The real question isnโt "Can we afford more R&D?", but "Can we afford not to?" Dr. Michael Mรผller Dr. Robert Schenk Fabian Czilwa #Software #DigitalTransformation #IndustrialTech #Innovation #R&D