Konecranes is participating in the visionary Connected Industry Ecosystem launched by the innovation platform DIMECC Ltd. In the ecosystem, leading equipment manufacturers and digital solution and service producers join forces to cultivate data into new products and services. The vision for the Connected Industry Ecosystem is to transform rapidly increasing digital data into new creative business, bringing added value to customers. Juha Pankakoski, Executive Vice President, Technologies at Konecranes, is the chairman of the Connected Industry ecosystem. Konecranes’ vision is to know in real time how millions of lifting devices perform and use this knowledge around the clock to make our customers’ operations safer and more productive. In practice, this means that customers will receive new digital services, which are based on the data generated by equipment. Devices’ capability to analyze their status and communicate their findings, combined with digitalized maintenance processes and real-time information for our customers, will enable new developed service products. Cranes must also be able to adapt to their environment and operate autonomously as part of the logistics chain. “Connected Industry makes it possible, for example, to connect current manual cranes to a fast mobile broadband and thus become part of a digital factory. Konecranes wants to be in a leading position, when logistic processes are enhanced with goods’ flow data. This can broaden our existing business model as the producer of equipment and maintenance services to a company also generating added value for operative logistics, helping customers in many new ways,” says Juha Pankakoski, Executive Vice President, Technologies at Konecranes. DIMECC’s Connected Industry Ecosystem allows companies to join forces to develop new business operations. In addition to Konecranes, companies involved are Cargotec, Fastems, HT-Laser, Nokia, Ponsse, Prima Power, Raute, SSAB and Tieto.