Executive Overview Industrial companies have been on a digital transformation journey for some years now, but some are questioning how to proceed. Perhaps they conducted a series of technology pilots that failed or yielded unremarkable results. Maybe cost and ROI concerns are being raised, or for public companies, quarterly stock market pressures conflict with longer-term investments. Perhaps the pilots showed promise, but there’s no clear roadmap to follow and no clear vision to guide the way. Perhaps cultural norms are asserting themselves, with various organizations pushing back against innovation and change. Perhaps there’s a reaction to pandemic-forced changes that wants to see a return to normal. Or maybe directives from top management seem to require moving on to the next big topic, sustainability. Was digital transformation just so much hype, or should digital transformation still be a top priority for industrial companies? With one exception – the increased need for sustainability and energy transition improvements – the fundamental drivers for embracing digital transformation haven’t changed. The basic idea underlying industrial digital transformation is to use data and technology to increase flexibility in production processes, enhance the organization’s ability to address customer needs, and improve competitive positioning. Industrial companies still […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
