Book Image

Industrial Digital Transformation

By : Shyam Varan Nath, Ann Dunkin, Mahesh Chowdhary, Nital Patel
Book Image

Industrial Digital Transformation

By: Shyam Varan Nath, Ann Dunkin, Mahesh Chowdhary, Nital Patel

Overview of this book

Digital transformation requires the ability to identify opportunities across industries and apply the right technologies and tools to achieve results. This book is divided into two parts with the first covering what digital transformation is and why it is important. The second part focuses on how digital transformation works. After an introduction to digital transformation, you will explore the transformation journey in logical steps and understand how to build business cases and create productivity benefit statements. Next, you’ll delve into advanced topics relating to overcoming various challenges. Later, the book will take you through case studies in both private and public sector organizations. You’ll explore private sector organizations such as industrial and hi-tech manufacturing in detail and get to grips with public sector organizations by learning how transformation can be achieved on a global scale and how the resident experience can be improved. In addition to this, you will understand the role of artificial intelligence, machine learning and deep learning in digital transformation. Finally, you’ll discover how to create a playbook that can ensure success in digital transformation. By the end of this book, you’ll be well-versed with industrial digital transformation and be able to apply your skills in the real world.
Table of Contents (15 chapters)
Section 1: The "Why" of Digital Transformation
Section 2: The "How" of Digital Transformation

Chapter 8: Artificial Intelligence in Digital Transformation

In the last chapter, we learned about the ecosystem approach to industrial digital transformation. We saw that ecosystems of partners and other stakeholders is key to moving the needle for transformative initiatives. As a result, a number of large companies often drive these initiatives across groups of large and small companies, consortiums, government agencies, and academia, with the goal of accelerating the transformation across industry segments.

In this chapter, we will learn how Artificial Intelligence (AI) is the key to industrial digital transformation initiatives. We will investigate different aspects of AI and how it drives business outcomes when applied to relevant data. We will cover the following topics in this chapter:

  • The difference between AI, machine learning, and deep learning
  • Applications of AI in industry
  • Organization change influenced by AI