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


In this chapter, we learned about the need for improving the business process to drive productivity and cost-efficiency in industrial companies. New business models are often the basis of disruptive innovation, required to drive new revenues and stay ahead of the competition. Industrial companies, especially those who have been in business for a long time, face a multitude of challenges and are in the process of leveraging digital technologies and a cultural transformation to reinvent themselves. The process of reinvention can be a combination of organic initiatives or synergistic partnerships and acquisitions.

To summarize, we learned about the following:

  • The need to continually tweak business processes in companies, while navigating the fine balance between the efficiency and effectiveness of the enhancements.
  • The benefits of improved business processes in increasing both internal and external customer satisfaction.
  • The need for business model improvements...