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

The state of the industrial sector

Compared to industries such as semiconductor manufacturing or automotive, the digital transformation of industrial processes is lagging in process industries (for example, oil, gas, and chemicals).

Process industry investment decision periods tend to be much longer as the potential risk associated with changing a production system in operation is always considered to be too high due to the interdependencies of processes. Changes can have an impact on a complex process system and lead, for example, to serious incidents, such as an explosion at an oil plant or chemical plant. In addition, no plant operator would want to alter a running system unless the anticipated benefits outweigh the risks substantially.

In January 2020, Honeywell CEO Darius Adamczyk discussed the software strategy of the company, which included the transformation to becoming a much more digitally modern company. This strategy consists of three components: data integrity, consistency...