Technology Magazine October 2024 | Page 149

This means recognising that even a company with decades of success must partner with external experts , to stay ahead . The speed of development hinges on accessing the right resources and expertise quickly through a robust network , as relying solely on internal capabilities can lead to delays . Additionally , co-creation with other organisations is essential as it inspires new approaches and helps find the best solutions .
“ There ’ s always additional expertise , fresh perspectives , and valuable insights in the market . Seek out and partner with those experts ,” Tobias adds .
The second pillar is software development , acknowledging that “ the machine in 10 to 15 years from now will be , at best , a vehicle to transport the software ,” Tobias continues .
As a traditional machine builder , transitioning to software-centric products is challenging but necessary . Strong software competence in R & D allows Kardex to release new features cyclically , integrating many functionalities into the software embedded in the machines . This
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