A platform in a structural or organizational basis on which other processes and products can be built upon. Through this connection, data from production facilities can be used to optimize the entire production process. Machinery manufacturers use the data to control maintenance activities; IT developers create new apps for users. The transparency of demand and production capacity allows a faster reaction to consumer wishes and an optimal utilization of the production facilities/production plants. The platform thus enables the transformation of data into knowledge and knowledge into business success. “Platform as a Service” businesses are able to offer the connection and digitalization to other businesses. This ensures the IoT-capability of the own processes and the exchange of data. Through these platforms companies can focus on their core competencies, while still using innovative technology and staying on par with the market standards.