By digitalizing your work, you can ensure your solutions stand out. You’ll be able to use data to make informed decisions on everything from supply chain management to quality control— so you can create solutions that improve customer loyalty as well as your bottom line. Read on to learn how to get started.

Three steps to create competitive advantage with data Demand for new buildings—and customized products for them—is at an all-time high. That means your customers are busier than ever.

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First, it’s essential to develop a data strategy. To do this, you need to:

Establish your data foundation

Be clear about what you want to achieve by using and analyzing your data.

Use a central, cloud-based platform to consolidate the data in one place. If needed, different sources can be connected via API.

Ensure the data you want to work with is digital, relevant, up-to-date and available.

Rely on accurate, up-to-date information on everything from product information to delivery timelines.

Access relevant information easily through a web browser and analyze it as required.

Why: A clear data strategy allows you to gain better insights by connecting data, people, and processes. This will enable internal teams and external stakeholders to:

Less than 3% of data currently created is analyzed to affect enterprise intelligence1

Three steps to create competitive advantage with data

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Next, you need to ensure relevant stakeholders can leverage available data to make more informed decisions.

To do this, you can:

Visualize relevant data and make it available in an easily understandable way on the central platform.

Educate your employees and make them feel comfortable using the data, so they can trust in the insights gained. Try encouraging them to share best practices for using the data.

Ensure all relevant stakeholders have access to this data.

Data leaves no space for ambiguities. With access to the central platform, your teams can make better- informed decisions through business intelligence and analytics. For example, you can monitor the status of a project, manage deadlines, track different suppliers, see what your teams are working on and much more —all without installing specialized software or hiring data analysts.

Why:Make data-driven decisions2

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Three steps to create competitive advantage with data

3 Be ready to make anything Using data and insights creates completely new opportunities to advance your business. You can:

Revolutionize your product innovation by implementing a closed loop system. For example, findings from field tests can be used directly for Finite Element Analysis (FEA) as testing and product development are connected via one platform.

Develop your own app and create a new service for customers that connects product data and operating information. This will allow you to make recommendations for predictive maintenance.

Build a more resilient and flexible supply chain by connecting suppliers to your systems.

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More detail: For a resilient and flexible supply chain, it’s important to let suppliers get closer to your company by enabling seamless communication and collaboration. Connecting suppliers to your systems will let you:

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Share relevant information with them in real time, including changes to product orders, timelines, or materials.

Simplify repeat orders by letting suppliers check if a part has been ordered in the past. That way, if a new order doesn’t need further changes, it can simply be manufactured again according to the same work plan.

Share CAD or 3D models to enable automation in manufacturing.

Receive an automated notification if a delivery date cannot be met. This allows you to react quickly and develop an alternative plan.

Assess the quality of every supplier based on factors like whether they typically meet scope and deadline or by comparing them with other suppliers.

of architecture, engineering and construction (AEC) companies say their building product manufacturers are increasingly collaborative suppliers, providing some custom solutions, and are increasingly familiar with their digital tools.2

Three steps to create competitive advantage with data

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Case study: dormakaba

A comprehensive system for the planning, installation, and operation of doors in a building. This helps to network all door components to make the door smarter, and easier to maintain and install.

Real-time access management that’s more affordable for all building owners, as BIM enables dormakaba to provide more data on the occupancy of individual rooms, helping clients make decisions on everything from ventilation to building maintenance.

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More detail: dormakaba first set up its digital services department in 2017. Today, it offers clients solutions such as cloud-based access control, as well as products that enable digital twins—a dynamic, digital representation of a physical asset that evolves in real time.

dormakaba—a manufacturer of doors and access solutions with revenues of around $2.7 billion in the last fiscal year— uses digital services to stand out against the competition.3 dormakaba’s smart solutions help it provide construction clients with added value through:

Why: The digital services department’s work has enabled dormakaba to begin talking to architects, planners, and investors much earlier in the planning phase of projects, giving them earlier access to the market than ever before.

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Three steps to create competitive advantage with data

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Go further If you would like more information or support completing any of the steps above, Autodesk can help. Please get in touch to:

Want to learn more? Get in touch for a personalized consultation today.

Arrange a deep dive session on where a clear data strategy could have the most impact on your business.

Create a personalized roadmap for how your teams can gain the best insights from your data.

Discover what business opportunities you can create with the help of your data insights.

Three steps to create competitive advantage with data

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