Digital Transformation - here and now
Manufacturers are having a renewed focus on the following initiatives:
- Cloud First
- Automation
- Dev Sec Ops
- System Integration
- AI
- Data Digitalization
- ERP/ SAP Platforms
- Manufacturing Systems (MES, PLM)
The speed of digital transformation has increased drastically. Manufacturers have realized that they have to reinvent. Typically all initiatives classified as “Digital Transformation” were pure play data related projects and programs. However manufacturers need to take a holistic look while defining strategies and resource allocation. A successful transformation need to reinvent the following 4 pillars:
- People & Organization Transformation
- Value Chain/ Process Transformation
- Technology Transformation
- Data Transformation
Now is not the time to discuss and make incremental changes. Now is the time to reinvent and be “All In”. The strategy should ensure all 4 pillars work seamless to deliver the business outcome. The tangible benefits achieved due to an integrated approach are:
- Data Monetization
- Re-imagined Business Processes
- Outside & Inside innovation
- Smarter Outsourcing
- Customer & Employee Centricity
In summary, manufacturers are at a pivot point that will define their next 10 years of existence and leadership position. Digital Transformation is the lever to put manufactures in a sustained growth trajectory.
Interested in know more? Please contact us. Please ensure initiatives are not standalone but integrated.