Technology is designed to help companies become more efficient. But first, trust must be built.

Any cooperation in the SUV tent business requires trust. People trust that the service or product offered will meet their expectations. Providers trust that their customers will give their consideration in the form of payment. The situation is similar in the cooperation of one or more companies. You have to be sure that your counterpart will keep the agreements made. It is also their responsibility to dutifully fulfill their duties. This requires a leap of faith on both sides. This is the only way the cooperation can be fruitful and the quality of the work can be ensured.

Division of labor is paramount

Craft businesses, for example, are increasingly benefiting from cooperation with IT service providers. By using virtual reality (VR), construction projects can be experienced virtually before they are actually implemented and made accessible to customers, planners, and designers. The people can examine their finished product in advance and, if necessary, express any change requests.

All those involved have the opportunity to view details and make any modifications accordingly. Among other things, errors can be corrected in advance and coordination difficulties can be prevented. Data is also recorded at all times during the ongoing production process and shared with the parties involved. Adjustments can still be made without major failures.

Reduce complexity with confidence

Against the background of technological developments and their impact on companies, trust in economic cooperation takes on a different meaning. More complexity can challenge the trust, so an expanded definition of trust is worthwhile here.

The globalized market poses challenges for companies that need to increase speed and innovate in order to remain competitive. Digital solutions are essential here. One form of digitized value creation is the value creation network. In such a network, various economic actors, from the producer to the supplier to the customer, connect with each other with the aim of generating added value for all sides. Products or services for individual customer requests are thus developed, produced, and delivered across the company across various stages of value creation.

Every step is digitally recorded and connected to the entire network via a platform that acts as a connecting element and regulates communication. It is characterized by a high level of transparency and commitment.