6 Digital Transformation Trends Shaping the Future of Industrial Companies in 2020

Industrial organizations are faced with unprecedented change ranging from instable macroeconomic issues to disruption from digitally-native startups. As a derivative from researching these shifting markets, contemplating analyst projections, and working with customers at the cusp of industrial innovation, we’ve boiled the ocean to identify six key digital transformation trends heating up the competitive waters for industrial companies in 2020 (and beyond). Let’s dive in:

 
1. Digital transformation – when aligned with business value – scales to new heights.

Innovative technologies such as IIoT and artificial intelligence (AI) drive great excitement with organizations fantasizing of never-ending possibilities and transformative change. Enthusiasm has unfortunately led some companies awry and into digital transformation proof-of-concept (PoC) purgatory – a place where costs add up quickly and significant results are not achieved. We’ve had customers say they had identified nearly 100 IIoT use cases on their immediate roadmap, where realistically they should be prioritizing only four or five.

While we are equally excited at the possibilities of DX, IIoT, and other technological innovations entering industrial marketplaces, it is increasingly critical to first develop a digital transformation strategy that aligns with an organization’s strategic business needs or goals, desired outcome or value, and the technology or solution that will enable this great change.

Having this mindset and a plan is crucial to avoiding PoC purgatory and escaping out of it if needed. We’ve constructed the needs, value, and solution framework (see below), which includes considerations beyond the technology being adopted.

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Πηγή: www.ptc.com