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Werner Reichelt has over 34 years of experience in automation technology, including 17 years as Head of Industry Segment Management Automotive Industry.
Since the end of 2020, Werner Reichelt has been Head of Sales Digital Business at Festo SE & Co. KG with a global team of sales and application experts. He is a graduate engineer (FH) in product technology/economics and has already held various management positions in product management, industry segment, key account management at Festo Automation and Festo Didactic.
Head of Sales Digital Business | Festo SE & Co.KG
Main Room
15:00 - 15:30
Outsourcing vs. Insourcing: The Dilemma of 'Do It Yourself' and 'Done with Others’
The competitiveness of companies is under pressure. As budget discussions intensify, companies must strategically prioritize what generates the greatest value, considering long-term growth, innovation potential, and market positioning. This requires balancing between strategic benefits and cost, especially when it comes to their digital initiatives. Companies must decide: Insource or outsource digital capabilities?
In this panel discussion, the guests with their diverse perspectives will dive deeper into 'Do It Yourself' and 'Done with Others´ and highlight the opportunities and challenges. They will also examine why speed, resource availability, and internal capabilities are crucial factors in making this decision and how to effectively assess the make-or-buy dilemma.
Join this panel discussion to gain valuable insights into different strategies and find out how you can get the best out of it for your business.