Industrial companies globally face a conundrum: despite the continuous advance of technologies promising improved productivity and efficiency, productivity growth remains low. Many organizations are struggling to capture the full value of digital technologies, even though digital transformation is no longer a nice-to-have but a strategic necessity.
Category Archives: Blog
In recent years, many businesses have embarked on digital transformation projects with a broad aspiration to increase revenue, lower operational costs, and improve customer satisfaction. Despite the resolve to transform there is still a significant gap between aspirations and achievement. McKinsey’s research on digital transformations reveals that the success rate for such initiatives remains consistently below 30%. Read More
The metrics used to evaluate CIOs are stuck in the past, mostly focused on operational excellence. But digital transformation requires more attention to innovation, digital adoption, and customer experience. As long as CIOs are incentivized to focus on operational issues, their digital transformation efforts will suffer. Read More
End-to-end digitalisation is transforming public administration. It enables processes to be handled completely digitally and offers enormous advantages for both public authorities and citizens. But what exactly is behind it? This article explains the basics, highlights the main advantages and highlights the challenges on the way to an efficient, digital public authority.
As with all market evolutions, the meaning and the framework of the current manufacturing evolution—Industry 5.0—continue to change. Read More
The logistics and supply chain sectors have long been the backbone of global trade. However, in today’s fast-paced, digital-first world, these industries are facing unprecedented pressure to evolve. The rapid rise of e-commerce and heightened consumer expectations for faster deliveries have reshaped the landscape. To stay competitive, organizations should embrace digital transformation and agile product management to enable innovation, operational excellence and a focus on safety, diversity and transparency. Read More
The great digital transformation is underway. Research in the Harvard Business Review found that almost 90% of large companies globally have undertaken some level of digital transformation. These shifts can help reduce design cycles, improve collaboration, streamline internal workflows and better meet customer expectations. All of this translates to results: In most cases, companies that harness the power of digital transformation can successfully beat out those slower to adopt digital tech. Read More
The Internet of Things (IoT) technology plays a vital role in digital transformation. By seamlessly connecting devices, IoT helps modernize firms and enable enhanced business models. Read More
For many years, augmented reality (AR) was often perceived as a technology primarily intended for consumer entertainment. From interactive games such as Pokémon Go to immersive social media filters, AR captivated the public imagination with its potential for fun and engagement. However, AR has gradually transcended its roots in entertainment, finding a burgeoning place within the enterprise as a powerful productivity tool. This evolution has significant implications for the future of AR, marking its transition from novelty to necessity. Read More
Digital transformation is a foundational change in how an organization delivers value to its customers. Here’s what transformation entails, along with tips to ensure your company is on the correct course.
