Unlocking Innovation & Delivering New Services Through Digital Transformation
Main stage presentation at Inductive Automation’s ICC 2022
Digital Transformation has accelerated as a result of the pandemic as nearly every industry and every company has had to adapt to changing work conditions, market conditions, and environmental conditions. Those companies that are thriving in this new normal have uncovered new value in leveraging technology to accelerate innovation cycles and deliver entirely new products, services, and even business models. Imagine fully recovering from this pandemic better off than before it started with entirely new revenue streams that fill the revenue gaps with even greater profitability through new channels. Learn how this can be done and hear the stories of companies who have succeeded.
Sources Referenced:
Statista - Amount of data created, consumed, and stored 2010-2020, with forecasts to 2025: https://www.statista.com/statistics/871513/worldwide-data-created/
TechCrunch - Eric Schmidt: Every 2 Days We Create As Much Information As We Did Up to 2003: https://techcrunch.com/2010/08/04/schmidt-data/ (Video of speech: https://www.youtube.com/watch?v=UAcCIsrAq70)
World Economic Forum - Fourth Industrial Revolution, Beacons of Technology and Innovation in Manufacturing, January 2019: https://www3.weforum.org/docs/WEF_4IR_Beacons_of_Technology_and_Innovation_in_Manufacturing_report_2019.pdf
World Economic Forum - Global Lighthouse Network (103 lighthouses at the time): https://www3.weforum.org/docs/WEF_The_Global_Lighthouse_Network_Playbook_for_Responsible_Industry_Transformation_2022.pdf
Splunk - The State of Dark Data, 2019: https://www.splunk.com/en_us/form/the-state-of-dark-data.html
The University of Texas at Austin & Sybase - Measuring the Business Impacts of Effective Data, 2010: http://middleman.heltenkelt.se/anvandbart.se/images/drupalbilder/blogsource/div/EffectiveDataStudyPt1-MeasuringtheBusinessImpactsofEffectiveData-WP.pdf
McKinsey & Company - Five Facts: How customer analytics boosts corporate performance, 2014: https://www.mckinsey.com/capabilities/growth-marketing-and-sales/our-insights/five-facts-how-customer-analytics-boosts-corporate-performance
PTC’s The State of Digital Thread report 2021: https://www.liveworx.com/blog/report-the-state-of-digital-thread
Air & Space Forces Magazine - Rolls-Royce Wins B-52 Re-engining Program Worth $2.6 Billion, 2021: https://www.airandspaceforces.com/rolls-royce-wins-b-52-re-engining-program-worth-2-6-billion/
PTC - Celli Group Transforms Food and Beverage Industry: Celli Case Study: IoT in Food and Beverage Industry | PTC