Let’s Talk Strategy: How Sandvik diversified into a software company

Join us for the Let's Talk Strategy webcast where we delve into the transformative journey of Sandvik as a manufacturing company evolving into an industrial software powerhouse.

Emma Sandin, Director at EY-Parthenon, Ernst & Young AB, will engage with our special guest Mattias Nilsson, Business Area Segment President for Sandvik Manufacturing Solutions, to uncover the pivotal trends shaping the manufacturing industry.

Mattias will share Sandvik Manufacturing Solutions' successful diversification into industrial software, and discuss their response to customer challenges, with a mission to simplify manufacturing around four principles: Sandvik Manufacturing Solutions' products need to be easy to buy, easy to use, easy to deploy and easy to query. This needs to be achieved while being aligned to Sandvik's and its customers’ sustainability goals.

Last but not least, the above-mentioned topics will be further explored in two sector-specific thought leadership articles developed by EY teams. One article will focus on automation trends in component manufacturing, and the other on the use of software by component manufacturers. The articles will provide a deeper dive into the content covered in the webcast episode.

Transformative diversification topics discussed include:

• Strategies to adapt to geopolitical changes and market disruption by combining technology solutions in supply chain for growth
• The rising importance of industrial software solutions for green finance and sustainability
• Practical advice for manufacturers transitioning to tech and software solutions including key challenges

Uncover the pivotal shift from traditional manufacturing to a tech-driven landscape, where strategic resilience and software integration are key to navigating a challenging global market and securing growth.