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Digitization in the industrial sector - How to Prepare For it

    The digital transformation is changing our world. In 2018, the digital business revenues exceeded $1.8 trillion worldwide, making it the largest industry in the world. 

    Today, almost all businesses operate digitally, and the number of connected users grows exponentially daily. Digital technologies have become ubiquitous in our lives, impacting everything from shopping to socializing. 

    And now they’re entering the workplace, offering organizations new opportunities to stay competitive. But digital technologies also pose risks and challenges, posing threats to both privacy and security; costs associated with maintaining outdated technology; and potential legal liabilities if companies fail to protect their data adequately. 

    To combat these challenges, many corporations are turning to digitization strategies to improve the efficiency and effectiveness of their operations. Digitization offers several advantages over traditional methods of production, including the elimination of paper-based processes, improved efficiency, reduced operational costs, enhanced customer service, and greater access to information. 

    However, adopting digital technologies requires careful planning and preparation. Here are five things every organization should consider before embarking on a digital transformation journey.


     ✔️ 1. Consider the implications of digitization on existing systems.

     A major challenge of implementing digitization initiatives is ensuring that all aspects of the organization remain functional and effective in the face of digital disruptions. Identifying where disruption may occur and considering what effect it will have on various departments is critical. For example, companies that rely heavily on email for communications risk losing customers if they can’t respond efficiently enough. Therefore, they need to ensure that their current email system will still function properly after being replaced by a new digital communication platform.

     ✔️ 2. Understand the business case.

     Before investing in any new technology, companies must first understand whether its adoption is truly necessary and cost effective. Companies that are able to prove that investments in digital technologies deliver significant financial returns are more likely to succeed than those who adopt technologies without having a clear picture of their ROI.

     ✔️ 3. Define short-, mid-, and long-term goals.

     Companies can achieve meaningful results if they identify and clearly communicate specific objectives at different points along the road toward successful implementation of a digital strategy. For instance, a company might aim to reduce the time it takes to complete manual processes by 10 percent, while simultaneously increasing customer satisfaction by 20 percent. Or, a company could set out to create a mobile app that will help employees perform tasks faster and easier. Read more about benefits of industrial digitalization

     ✔️ 4. Create a plan for training staff.

     Successfully transitioning to a digital environment often means overcoming employee skepticism about new ways of working. Employees who feel left behind when a new system rolls out may simply decide to opt out rather than adapt. Organizations therefore need to proactively train their workers about the changes being implemented, preparing them for the transition ahead. Training sessions can range anywhere from a few hours to weeks or months, depending on the scale and scope of the change.

     ✔️ 5. Plan for maintenance.

     Once a new system goes live, it’s imperative that it continues to run smoothly throughout the entire lifecycle—from initial deployment to eventual decommissioning. As digital platforms replace their legacy counterparts, companies need to make sure that they design robust software that will continue to meet users’ expectations and requirements over the years. Moreover, companies must carefully monitor the performance of their digital solutions and regularly conduct audits to assess the extent to which their efforts are achieving their desired outcomes.

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