Formula 4.0 for Digital Transformation
Formula 4.0 for Digital Transformation

Author: Venkatesh Upadrista

Publisher: CRC Press

Published: 2021-05-26

Total Pages: 348

ISBN-13: 1000388794

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A staggering 70% of digital transformations have failed as per McKinsey. The key reason why enterprises are failing in their digital transformation journey is because there is no standard framework existing in the industry that enterprises can use to transform themselves to digital. There are several books that speak about technologies such as Cloud, Artificial Intelligence and Data Analytics in silos, but none of these provides a holistic view on how enterprises can embark on a digital transformation journey and be successful using a combination of these technologies. FORMULA 4.0 is a methodology that provides clear guidance for enterprises aspiring to transform their traditional operating model to digital. Enterprises can use this framework as a readymade guide and plan their digital transformation journey. This book is intended for all chief executives, software managers, and leaders who intend to successfully lead this digital transformation journey. An enterprise can achieve success in digital transformation only of it can create an IT Platform that will enable them to adopt any new technology seamlessly into existing IT estate; deliver new products and services to the market in shorter durations; make business decisions with IT as an enabler and utilize automation in all its major business and IT processes. Achieving these goals is what defines a digital enterprise -- Formula 4.0 is a methodology for enterprises to achieve these goals and become digital. Essentially, there is no existing framework in the market that provides a step-by-step guide to enterprises on how to embark on their successful digital transformation journey. This book enables such transformations. Overall, the Formula 4.0 is an enterprise digital transformation framework that enables organizations to become truly digital.

Product Lifecycle Management for Digital Transformation of Industries
Product Lifecycle Management for Digital Transformation of Industries

Author: Ramy Harik

Publisher: Springer

Published: 2017-03-15

Total Pages: 652

ISBN-13: 3319546600

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This book constitutes the refereed proceedings of the 13th IFIP WG 5.1 International Conference on Product Lifecycle Management, PLM 2016, held in Columbia, SC, USA, in July 2016. The 57 revised full papers presented were carefully reviewed and selected from 77 submissions. The papers are organized in the following topical sections: knowledge sharing, re-use and preservation; collaborative development architectures; interoperability and systems integration; lean product development and the role of PLM; PLM and innovation; PLM tools; cloud computing and PLM tools; traceability and performance; building information modeling; big data analytics and business intelligence; information lifecycle management; industry 4.0; metrics, standards and regulation; and product, service and systems.

Why Digital Transformations Fail
Why Digital Transformations Fail

Author: Tony Saldanha

Publisher: Berrett-Koehler Publishers

Published: 2019-07-23

Total Pages: 196

ISBN-13: 1523085363

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Former Procter & Gamble Vice President for IT and Shared Services, Tony Saldanha gives you the keys to a successful digital transformation: a proven five-stage model and a disciplined process for executing it. Digital transformation is more important than ever now that we're in the Fourth Industrial Revolution, where the lines between the physical, digital, and biological worlds are becoming ever more blurred. But fully 70 percent of digital transformations fail. Why? Tony Saldanha, a globally awarded industry thought-leader who led operations around the world and major digital changes at Procter & Gamble, discovered it's not due to innovation or technological problems. Rather, the devil is in the details: a lack of clear goals and a disciplined process for achieving them. In this book, Saldanha lays out a five-stage process for moving from digitally automating processes here and there to making digital technology the very backbone of your company. For each of these five stages, Saldanha describes two associated disciplines vital to the success of that stage and a checklist of questions to keep you on track. You want to disrupt before you are disrupted—be the next Netflix, not the next Blockbuster. Using dozens of case studies and his own considerable experience, Saldanha shows how digital transformation can be made routinely successful, and instead of representing an existential threat, it will become the opportunity of a lifetime.

Managing and Implementing the Digital Transformation
Managing and Implementing the Digital Transformation

Author: Dominik T. Matt

Publisher: Springer Nature

Published: 2022-08-13

Total Pages: 364

ISBN-13: 3031143175

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This book shows how companies can practically implement the advantages of Industry 4.0 and digitalization and also addresses the current challenges with regard to engineering education for Industry 4.0. In this book, we collect the contributions of the 1st Symposium on Industrial Engineering and Automation (ISIEA 2022), which took place from June 21–22, 2022 at the Free University of Bolzano. The contributions cover three basic areas: (1) best practice examples and technical solutions for the implementation of Industry 4.0 in production and logistics, (2) management-oriented approaches for the digital transformation in companies, and (3) addressing Industry 4.0 in engineering education. The book targets different readers. Researchers find approaches to current research topics regarding Industry 4.0. Practitioners find valuable examples for technological implementations as well as management approaches for introducing digitalization. Students and lecturers find hints on how Industry 4.0 can be integrated into university teaching.

The Digital Transformation of Product Formulation
The Digital Transformation of Product Formulation

Author: Alix Schmidt

Publisher: CRC Press

Published: 2024-08-14

Total Pages: 364

ISBN-13: 1040100341

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In competitive manufacturing industries, organizations embrace product development as a continuous investment strategy since both market share and profit margin stand to benefit. Formulating new or improved products has traditionally involved lengthy and expensive experimentation in laboratory or pilot plant settings. However, recent advancements in areas from data acquisition to analytics are synergizing to transform workflows and increase the pace of research and innovation. The Digital Transformation of Product Formulation offers practical guidance on how to implement data-driven, accelerated product development through concepts, challenges, and applications. In this book, you will read a variety of industrial, academic, and consulting perspectives on how to go about transforming your materials product design from a twentieth-century art to a twenty-first-century science. Presents a futuristic vision for digitally enabled product development, the role of data and predictive modeling, and how to avoid project pitfalls to maximize probability of success Discusses data-driven materials design issues and solutions applicable to a variety of industries, including chemicals, polymers, pharmaceuticals, oil and gas, and food and beverages Addresses common characteristics of experimental datasets, challenges in using this data for predictive modeling, and effective strategies for enhancing a dataset with advanced formulation information and ingredient characterization Covers a wide variety of approaches to developing predictive models on formulation data, including multivariate analysis and machine learning methods Discusses formulation optimization and inverse design as natural extensions to predictive modeling for materials discovery and manufacturing design space definition Features case studies and special topics, including AI-guided retrosynthesis, real-time statistical process monitoring, developing multivariate specifications regions for raw material quality properties, and enabling a digital-savvy and analytics-literate workforce This book provides students and professionals from engineering and science disciplines with practical know-how in data-driven product development in the context of chemical products across the entire modeling lifecycle.

Digital Transformation Demystified
Digital Transformation Demystified

Author: Frank Granito

Publisher: World Scientific

Published: 2022-11-22

Total Pages: 287

ISBN-13: 9811260478

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The buzz and hype created over the last few years around Digital Transformation has resulted in confusion and ubiquity that has rendered the term nearly meaningless. Transformation extends far beyond the technology stack and must include the organization's culture, its operating processes, and virtually every facet of how it functions.This fact means that leaders must break through the hype and demystify this term once and for all. They must get past the breathless hyperbole and understand what it really means to lead their organization through a continuous digital transformation process.The demystification of digital transformation and understanding what it really means is critical for all leaders. And that's what this book is about.Related Links

CIOs and the Digital Transformation
CIOs and the Digital Transformation

Author: Giorgio Bongiorno

Publisher: Springer

Published: 2017-07-31

Total Pages: 232

ISBN-13: 3319310267

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This book describes how chief information officers (CIOs) can embrace and drive the digital transformation by providing innovative leadership that uses old skills in a novel way. The book explores ways in which new actors and factors will play a key role in this process and how new relations can be created among things, data, and people. In addition, the design of digital organizations and the implementation of digital technologies are carefully examined and it is explained how digital workspaces can be designed, organized, and used. A set of methods is provided for linking new digital tools in order to meet the goals and challenges of building a digital enterprise. The digital economy is disrupting the way of interaction within value chains, creating fresh spaces for competition and novel ecosystems. With the advent of social media networking, mobility, big data and cloud computing, 4.0 manufacturing, etc., we are witnessing the birth of new digital organizations. However, sharing of leadership of this change among different actors can create disorder and inefficiency. Against this background, the future role of the CIO will be crucial.

Managing Digital Transformation
Managing Digital Transformation

Author: Andreas Hinterhuber

Publisher: Routledge

Published: 2021-05-26

Total Pages: 350

ISBN-13: 1000387844

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This book provides practising executives and academics with the theories and best practices to plan and implement the digital transformation successfully. Key benefits: an overview on how leading companies plan and implement digital transformation interviews with chief executive officers and chief digital officers of leading companies – Bulgari, Deutsche Bahn, Henkel, Lanxess, L’Oréal, Unilever, Thales and others – explore lessons learnt and roadmaps to successful implementation research and case studies on the digitalization of small and medium-sized companies cutting-edge academic research on business models, organizational capabilities and performance implications of the digital transformation tools and insights into how to overcome internal resistance, build digital capabilities, align the organization, develop the ecosystem and create customer value to implement digital strategies that increase profits Managing Digital Transformation is unique in its approach, combining rigorous academic theory with practical insights and contributions from companies that are, according to leading academic thinkers, at the forefront of global best practice in the digital transformation. It is a recommended reading both for practitioners looking to implement digital strategies within their own organisations, as well as for academics and postgraduate students studying digital transformation, strategy and marketing.

Digital Transformation in Industry
Digital Transformation in Industry

Author: Vikas Kumar

Publisher: Springer Nature

Published: 2021-07-26

Total Pages: 290

ISBN-13: 3030732614

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This book offers a selection of the best papers presented at the international scientific conference "Digital Transformation in Industry: Trends, Management, Strategies", held by the Institute of Economics of the Ural Branch of the Russian Academy of Sciences, Russia in November 2020. The main focus of the book is to evaluate trends and perspectives of digital transformation in industry and industrial markets through the dissemination of Industry 4.0. The aim of the topics discussed is to create an idea of introduction mechanisms for digitization processes and to specify successful strategies of digital transformation in all sectors of industrial enterprises. The experience of developed and developing economies, as well as small and large enterprises implementing IT and other technological innovations are included. Students as well as managers of industrial organizations alike can benefit from the results of the topics covered.

Building the Agile Business through Digital Transformation
Building the Agile Business through Digital Transformation

Author: Neil Perkin

Publisher: Kogan Page Publishers

Published: 2021-06-03

Total Pages: 337

ISBN-13: 1789666546

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How can businesses transform to achieve competitive advantage in a digital-enabled world? How can managers and leaders create a culture that supports lasting change through these transformations? Building the Agile Business through Digital Transformation is an in-depth guide for all those needing to better understand, implement and lead digital transformation in the workplace. It sets aside traditional thinking and outdated strategies to explain what steps need to be taken for an organization to become truly agile, embed innovation and develop talent to succeed. This majorly revised second edition of Building the Agile Business through Digital Transformation contains new material on the culture and mindset challenges of shifting at scale from linear to agile working, and using data effectively in organizational decision-making. Full of practical advice, examples and real-life insights from organizations at the leading edge of digital transformation including AirBnb, Amazon and Google, this book is an essential guide to driving success by becoming an agile and digital native business.