Matthias M. Herterich

• PhD
• PostDoc at Stanford University

As physical products are increasingly augmented with digital technology, manufacturing firms have become part of the development of so-called smart products and smart services. As such, manufacturing firms are challenged by new market participants and ecosystem partners, particularly from the software development industry, and by the dynamic nature...

Drawing on a revelatory case study, we identify four big data analytics (BDA) actualization mechanisms: (1) enhancing, (2) constructing, (3) coordinating, and (4) integrating, which manifest in actions on three socio-technical system levels, i.e., the structure, actor, and technology levels. We investigate the actualization of four BDA affordances...

As our world is getting increasingly servitized and digitized, innovation is no longer bound to physical products. Customer experience and innovative services have become the new imperative for business success. Design Thinking is becoming a valid approach for service innovation in the digital age. However, a profound understanding of “how” Design...

The pervasive infiltration of digital technology into physical products brings both tremendous challenges and opportunities to original equipment manufacturers. With the goal to support the initial stages of the product lifecycle, this article introduces a method compendium for the development of digitised products. More precisely, the compendium s...

This book shows different perspectives how leading firms and institutions conceive, shape and develop eco-systems for the mobility of the future. The book includes contributions by renowned experts at innovative firms and leading institutions, such as ADAC, Center of Design Research (CDR) and Stanford Graduate School of Business at the Stanford Uni...

Die digitale Überwachung von Maschinen und Anlagen bietet Maschinenherstellern neue Möglichkeiten Instandhaltungs- und Gewährleistungskosten zu reduzieren und datengetriebene Dienstleistungen anzubieten. Cloud-Technologien können hier als Enabler dienen, um zunächst in einem ‚Single Point of Truth‘ operative Daten aus Maschinen zu speichern und dar...

Zusammenfassung Für produzierende Unternehmen hat sich Product Lifecycle Management in den letzten Jahrzehnten in wachsendem Maße zu einem strategisch wichtigen Ansatz entwickelt. Forciert durch steigende Effektivitäts- und Effizienzanforderungen stellen viele Unternehmen ihre Product Lifecycle Management-Prozesse und -Informationssysteme auf den P...

The pervasive infiltration of digital technology into physical products brings both tremendous challenges and opportunities to original equipment manufacturers. With the goal to support the initial stages of the product lifecycle, this article introduces a method compendium for the development of digitised products. More precisely, the compendium s...

The pervasive infiltration of digital technology into physical products fundamentally changes the requirements regarding the design of physical products and their potential for service innovation. To effectively leverage the generative capacity of digitized industrial products in future smart service offerings, proper design decisions must be made...

Digital transformation, which often includes establishing big data analytics capabilities poses considerable challenges for traditional manufacturing organizations, such as car companies. Successfully introducing big data analytics requires substantial organizational transformation and new organizational structures and business processes. Based on...

Produzierende Unternehmen stehen den dramatischsten Veränderungen seit Jahrzehnten gegenüber. Zum einen gewinnen vor dem Hintergrund sinkender Margen im Produktgeschäft industrielle Dienstleistungen an Bedeutung („Servitization“). Zum anderen werden traditionelle, physische Produkte im Rahmen von Initiativen wie Industrie 4.0 „digital“, also mit Se...

Original equipment manufacturers (OEMs) face the challenge of building the capabilities to effectively harness the digital data streams flowing from their digitized industrial products to create innovative data-driven services. Based on insights from the digitization journeys of thyssenkrupp and SIEMENS, we provide a capability framework and action...

Zusammenfassung Die digitale Überwachung von Maschinen und Anlagen bietet Maschinenherstellern neue Möglichkeiten Instandhaltungs- und Gewährleistungskosten zu reduzieren und datengetriebene Dienstleistungen anzubieten. Cloud-Technologien können hier als Enabler dienen, um zunächst in einem ‚Single Point of Truth‘ operative Daten aus Maschinen zu s...

This paper explores the impact of digitized products on industrial service innovation. Digital technologies equip physical products with versatile material properties that create a multitude of opportunities for value co-creation. In particular, product-complementing service offerings are an obvious field for investigating service innovation that l...

Besides selling tangible products, manufacturing companieshave also started to compete byoffering product-related services throughout the product lifecycle. In this context, the recent riseof cyber-physical systems (CPSs) and smart, connected equipment paves the way for additional opportunities for the service business among the lifecycle and pivot...

Both managers and researchers agree: Manufacturing as one of the most traditional and conservative industries is undergoing the most fundamental change in decades. Facing shrinking margins in their core business, manufacturing firms of industrial equipment and capital goods started to expand their business by also offering services that complement...

The trend of digitalization provides new opportunities for industrial equipment manufactures as sensor technology and ubiquitous connectivity become part of the equipment. In particular, cyber-physical systems (CPSs) enable digital innovation for the industrial product and service business by improving operational efficiencies, facilitating innovat...