Industry, business and culture - these are the most important constants in a highly fast-paced, digitalized and constantly changing world of tomorrow. If we look at these parameters globally, we see that there are five areas of innovation that will profoundly change industry, business and culture in the coming years. And the only way to respond to these shifts is to have a detailed understanding of how consumer desires and behavior will evolve in the future. The world will look different tomorrow. But we are already responding today.
Climate change affects industry and the economy on many different levels. New demographic developments are emerging, while climate change is causing new migration movements and extreme weather phenomena. The number of environmentally conscious consumers in our target group is growing rapidly. We and other companies are therefore called upon to take these changes into account when developing new products and innovative services.
Climate change affects industry and the economy on many different levels. New demographic developments are emerging, while climate change is causing new migration movements and extreme weather phenomena. The number of environmentally conscious consumers in our target group is growing rapidly. We and other companies are therefore called upon to take these changes into account when developing new products and innovative services. The end of endless consumption and the increasing use of material resources will very soon no longer be sustainable.
Brands must therefore realign themselves in terms of material selection in order to create and secure new and sustainable business models. One example of this could be to see and use unavoidable natural and industrial waste as a new valuable resource. Contrary to the prevailing throwaway society, Schiedel products stand for longevity. In our efforts to produce sustainably, we will continue to look for renewable raw materials and new ways to reduce waste.
In the highly developed industrialized nations, people are getting older and older, while birth rates are falling at the same time. Opportunities for brands and companies such as Schiedel lie increasingly in the development of simple and sustainable solutions for the home, as consumers are using trends such as "cocooning" or "hygge" to bring homeliness back to the fore and redefine it for themselves.
New manufacturing options such as 3D printing are gaining momentum and, thanks to quantum leaps in quality, are now being used more and more not only in the industrial production of samples, but also in the production of components - more than one in four industrial companies have already integrated 3D printers into their manufacturing processes. We expect the technology to have a significant impact on current production processes, business models and value chains over the next 10 years. Internally, we are driving the future with our Factory Excellence program by constantly improving our production processes in order to be closer to our customers and make logistics more efficient. Our BIM offering, the 3D CAD database, innovations and training for architects all contribute to this.
The ability to equip products with the ability to deliver and respond to data in real time via sensor technology and web connectivity enables companies to gain new insights into usage and potential areas of optimization. Scientific advances and innovations thus increase the efficiency and competitiveness of companies. At Schiedel, we also have to ask ourselves how we can generate and analyze customer data with our products in order to optimize and adapt our offerings. Ongoing market and technology research within and outside our industry is essential.
How do families want to live together in the future in a rapidly changing world?
When we think about sustainable ideas, we think about two things in particular: people and the environment.
Benefits come first. It is no longer enough to develop high-quality products.
