June 8, 2018 - Siemens AG and Covestro Deutschland AG have concluded a Joint Business Development Plan to provide further strategic reinforcement of their trust-based partnership of many years, particularly in the field of digitalization.
The variety of topics extends from the continuous development of production technologies, to piloting ideas which contribute to shaping the digital landscape of both companies.
One focal point of the collaboration is to increase the availability of all assets in a plant and to give personnel on site decision-making tools for their work. The objective is to make the plants more reliable through products and services and to be able to predict developments in the condition of a plant’s assets.
Analytical methods are now available through the use of Siemens’ open, cloud- based IoT operating system, MindSphere. Data and measured values are collated on this platform, put into a meaningful context, and intelligently linked in data models. Smart data applications provide support for both operation andmaintenance. New options are available through Siemens’ data analytics and simulation methods. On this basis, the partnership will examine various applications and evaluate.
Siemens is developing predictive process data models for manufacturing which, among other things, minimize breakdowns; other developments include mobile devices for use in the field, and software solutions which can communicate with process technology and control and management systems. Further to this, Covestro Deutschland AG is introducing its process technology and production expertise to generate joint marketing solutions.
