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

Reorganization versus strategic transformation

Very often, companies have a reorganization at the beginning of the fiscal year, which moves people around. Some companies may undergo similar business restructuring in response to financial headwinds. Such changes are usually reactive and usually do not contribute significantly toward industrial digital transformation. On the other hand, strategic transformation is required to develop a culture of innovation and make it a part of the DNA of the company.

According to Innosight, the acid test for strategic transformation is the ability of the organization to do the following:

  • Sustain the transformation and culture of innovation over a period of time
  • Significantly improve the customer and stakeholder experience
  • Attract and retain digital talent
  • Influence the industry in a positive manner

Next, let's compare top-down and bottom-up digital transformation.

Top-down versus bottom-up digital transformation...