Connected Workspaces: Powering Industrial Data

Digital transformation is one of the most overused terms in business.

Organizations that are ‘digital leaders’ are driving transformations by becoming digital – not merely doing digital by implementing digital technologies. These companies are creating a sense of urgency, enabling a 360o customer experience, becoming efficient and operationally resilient and, thereby, delivering sustainable business results. Stakeholder value from successful business transformations come from a balance of growth and cost-optimization initiatives, and when aligned with core organizational strategy and purpose.

Industry 4.0 has accelerated digital transformation combining physical and digital technologies – cloud computing, sensors, internet of things (IoT), mobility & augmented reality, big data, AI & analytics, robotics, additive manufacturing, etc. The promise of Industry 4.0 is to drive (inter)connected enterprise(s) that are more flexible, responsive, and enable intelligent operations and actions derived from data-driven insights. Large economic potential is linked to digital transformation – and much of it is yet to be captured – even in North America and Europe.

Why are Industrials laggards?

While digital transformation started in the early years of last decade (2010+), the industrial sectors (i.e., Oil & Gas, Energy & Utilities, Manufacturing, and Mining & Metals) are among the laggards.

Industrial digital transformations have…