Furthermore, leveraging the power of digitalization in operational processes is a strong means to raise efficiency and competitiveness within the product delivery ecosystem while managing the global shortage of skilled software and hardware engineers. 

In addition to the challenges posed by digitalization, developing sustainable and environmentally friendly products has become a mission-critical objective. At the same time, taking circularity into account for future products is expected by both regulators and customers. 

Last but not least, these transformations must be achieved without compromising quality and product compliance. 

Facing these challenges and tackling them as early as possible is inevitable to secure economic success by delivering value to customers through products and related services. At Siemens Advanta, we have a strong heritage and successful track record in transforming and improving engineering ecosystems and organizations to cope with a changing environment and market.