A local model works when one party owns everything. But often you'll have more than one party, for example different machine operators, the machine manufacturer

A local model works when one party owns everything. But often you'll have more than one party, for example different machine operators, the machine manufacturer, the sensor provider, all involved, each with data they cannot or IP they do not want share. That’s where FHE becomes truly useful and more than an additional layer of protection by enabling collaborations that were simply not possible before.