Summary Six Characteristics of Digital Transformation Leaders In a world increasingly characterized by digital economies and disruption, every market disturbance exponentially widens the business agility gap between the less digitally evolved and those companies that have demonstrated innovation leadership through digital transformation. For those that are not transforming with urgency, the negative consequences will become compounded to the point of being untenable. Analytics and the Industrial IoT (Internet of Things) are cornerstone competencies for digital transformation, and industrial innovators are harnessing them to accelerate their competitive differentiation. However, for many industrial companies, scalability challenges with these competencies are still limiting broader adoption, particularly by operational users. Most of the issues are organizational and cultural, though they are often viewed as technological challenges, put forward as limitations around data management, lack of skill sets and work cohesion, unexpected cost, and desire to avoid software-driven organizational upheaval. Given that industrial digital transformation is so necessary to remain viable and competitive, why are mistakes, false starts, and dead-end investments with analytics and Industrial IoT all too common? How is it that innovation leaders avoid these challenges? This paper will outline where and why many companies go off track when thinking about digital […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
