Sign In Start Free Trial
Account

Add to playlist

Create a Playlist

Modal Close icon
You need to login to use this feature.
  • Book Overview & Buying Industrial Digital Transformation
  • Table Of Contents Toc
  • Feedback & Rating feedback
Industrial Digital Transformation

Industrial Digital Transformation

By : Shyam Varan Nath, Dunkin, Chowdhary, Patel
4.8 (17)
close
close
Industrial Digital Transformation

Industrial Digital Transformation

4.8 (17)
By: Shyam Varan Nath, Dunkin, Chowdhary, 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)
close
close
1
Section 1: The "Why" of Digital Transformation
6
Section 2: The "How" of Digital Transformation

Digital revenue

This section will focus on new digital revenue from transformation, which helps to improve the-top line revenue of the company. Let's begin with an example from the energy industry.

Electricity value chain

Let's look at the electricity value chain here. Utility companies use gas or coal generators to generate electricity. In order to meet the fluctuating demand from a hot summer day for cooling and from a cold winter day for heating, often utility companies have to engage in energy trading. Northern California encountered a serious electricity shortfall due to excess heat in August 2020, leading to significant rolling power outages. This is primarily driven by the fact that electricity cannot be stored at large scale by utility companies. Due to the variations in energy supply and demand on a daily and even hourly basis, energy prices fluctuate over a wide range. On average, the US residential customer pays about 13 cents per kilowatt hour (kWh). However...

Unlock full access

Continue reading for free

A Packt free trial gives you instant online access to our library of over 7000 practical eBooks and videos, constantly updated with the latest in tech
bookmark search playlist font-size

Change the font size

margin-width

Change margin width

day-mode

Change background colour

Close icon Search
Country selected

Close icon Your notes and bookmarks

Delete Bookmark

Modal Close icon
Are you sure you want to delete it?
Cancel
Yes, Delete

Confirmation

Modal Close icon
claim successful

Buy this book with your credits?

Modal Close icon
Are you sure you want to buy this book with one of your credits?
Close
YES, BUY