Business Experiments in Cyber Physical Production Systems

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Business Experiments in Cyber Physical Production Systems

Added Value

General description

Added value can be understood as a process of increasing the perceived value of the product in the eyes of the consumers/customers. It is known as the value proposition. (Modified from https://en.wikipedia.org/wiki/Added_value)

The tangible dimension of value refers to physical products.  The intangible dimension of value refer to qualities that can be valuable to the (end) customer, they can be: durability, ethicality, aesthetic appearance, usability or some other personal need or value. Services, by definition, are intangible (non-material)


Specifics for Project BEinCPPS | Business Experiments in Cyber Physical Production Systems

Comments Standards OPC-UA Standards, standardisation, certification and regulation Standards General Standards project_id_EC admin project_rcn_EC admin topic_EC admin FoF-09-2015 call_EC admin H2020-FoF-2015 Added
 Baden-Württemberg Industrial Champion Result description With BEinCPPS John Deere focus on a better integration of workers in the value adding process by promoting flexibility to allow for easier customization of manufactured parts.
 Lombardy Champion - Zero-Hours Quality Result comments Applications areas and sectors Manufacturing White Goods Added Value Business model aspects Product quality - Quality assurance Manufacturing performance characteristics Economic sustainability The main
 Added Value Taxon title Added Value Taxon description Added value can be understood as a process of increasing the perceived value of the product in the eyes of the consumers/customers. It is known as the value proposition.