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

Developing the business case for transformation

Before we start our transformation journey, we will need funding for our project. In most organizations, that requires a business case. Even in the rare organization where a business case is not required to obtain funding, it is a good practice to develop a business case to ensure that the organization is fully aligned with the objectives of the transformation and that the transformation will provide value to the organization. This is important whether the transformation will involve one small project or an entire Fortune 500 company.

In this section, we will briefly explore the process of developing a business case and provide you with the tools necessary to create a business case for your digital transformation. In a traditional product or project development environment, the first activity would be to build the business case. However, one of the common challenges with digital transformation is that the entire agile approach of digital...