Digital Transformation


  

Enterprise Digital Transformation – Future Proof Your Organization

Gartner predicts that by 2020, 75% of enterprises will transform to digital — or at least be preparing for the change. Unfortunately, only 30% of those attempts will be successful. As more and more businesses get involved with digitization, it is now essential to have a well-planned digital transformation strategy in place than ever before. Today’s enterprises must maintain reliability to ensure customer experience, uptime, security and compliance, while also seeking agility to enter new markets and remain competitive. With digital technologies affecting all walks of business, companies must transform themselves with digital to become ready for the future. Enterprise digital transformation is a complex process that requires the right mix of business and technology strategy. While most of t...

Next GEN MES: Smart Factory of the Future is Now

MES is the backbone for lower cost, higher quality and faster production for the Smart Factory of the future.  It is the future for newer more complex, innovative and more personalized products.  More MES functionality will be embedded in devices and equipment so that they govern themselves and take corrective action that helps them to improve efficiencies and avoid unscheduled downtime.  MES is the foundation for Industry 4.0 and smart manufacturing. Factories will enable real-time visibility globally across the entire value chain.  Today’s next gen factories will be completely automated and seamlessly connected and highly collaborative and will host more application data on-premise, on the edge or in the cloud.  Many applications will remain on-premise or in edge devices.  Highly automat...

16 Technologies That Will Rule Digital Transformation In 2019

The pace of technology and innovation continues to accelerate exponentially and this progression will continue to rule 2019, but there is a synergy and a pattern that has slowly started to emerge as enterprise digital transformation takes the central stage. A robust digital transformation framework becomes a key to have a successful digital journey. We had covered briefly on the 7 steps to start your digital transformation roadmap on how traditional enterprises can no longer afford to wait on the sidelines as born digital players continue to threaten their economic moats. Enterprises must re-imagine themselves as platform play businesses to reap the full benefits of an accelerated digital strategy by being open, connected, scalable & intelligent. An optimum digital transformation techn...

Information Modeling for the Process Industries

Overview Data or information modeling enable information interoperability by specifying the content of specific information and where it is stored.  Models for asset information enable these types of data to be managed efficiently. Certainly, while much work remains to be done, the industry has made significant progress toward standardizing models for managing and sharing asset-related information in recent years.  This progress has been driven by specific end user requirements such as the need for accurate and up to date information to support good operational or maintenance-related decisions and historical snapshots to help identify the root cause of incidents. Importance of Information Modeling for Industrial Operations Major end user organizations such as Shell continue to contribute t...

8 risks of working with legacy technology

The last two decades have seen an unprecedented transformation in the retail industry. The good thing is that the customer demand remained intact. In fact, it is growing steadily. However, there has been a transformation in people’s buying behavior and lifestyle choices. Competitive pressures are also phenomenally high. E-commerce players have disrupted the market. At the same time, physical retailers too are experimenting with new formats to bring down costs and build sustainable business models. On their part, customers are spoilt for choice and are more demanding. They seek the best quality, amazing variety and the freedom to shop seamlessly across channels, devices, and geographies. For retailers to survive and thrive in this scenario, they need to make the right technology investments...

Technology Evaluation and Selection in the Digital Transformation Era

Technology Evaluation and Selection can be a Challenging Task Owner/operators frequently ask ARC Advisory Group for advice about selecting both technology and technology suppliers.  With the current Digital Transformation trend in full speed ahead mode, technology evaluation and selection can be a challenging task.  If executed properly, not only will you be on the path to Digitally Transform your operations but will have solid business value as a driving force. Supplier Selection vs. Technology Selection While supplier selection and technology selection often go hand in hand, it’s important to keep in mind that they are not one and the same.  Certainly, whenever capital outlays are involved, choosing the right technology for your business requirements and specific applications is importan...

Vernacular Solutions: “Diversity In Language”

NASSCOM’s Vernacular Solutions: “Diversity in Language” report underlines the evolving need of multilingual solutions in India and how different stake holders are working towards it. The report covers both India and global perspective to develop a holistic viewpoint. Key Findings Market Scenario India Language service market is less than 1% of the Global market 65% of India population communicate in local languages High growth seen in past 5 years with more than 3000+ startups incorporated The Push Factor Chat-bot applications, digital entertainment, social media, etc. continue to be the major drivers Languages like Hindi, Bengali, Marathi, Tamil and Telugu preferred by almost 70% of the population Business Perspective Global companies are offering many diverse solutions which can be imple...

DroneZone: Interview with Anshul Sharma, Co-founder & CEO, Redwing Aerospace Laboratories

The new drone policy will come into effect on 1st of December and we are doing series to put the spotlight on interesting drone based solutions and startups. In this part, we talk to Anshul Sharma, Co-founder & CEO, Redwing Aerospace Laboratories. Redwing Aerospace Laboratories is an aerial robotics startup focusing on logistics, defence and enterprise solutions. The founders of Redwing Aerospace Laboratories are one of the most awarded aerospace engineers in the country with awards from NASA, Boeing, Lockheed Martin, Airbus, NTU Singapore and MIT Massachusetts. 1. The new drone policy will soon come into force. How satisfied are you with that and what other changes are still needed? Regulations are definitely a big step forward, compared to the previous blanket ban. Line of sight oper...

Machine Learning and Privileged Access Management

  Until recently one of the major driving force for PAM implementation had been regulatory compliance. However, with the change in Security ecosystem, Privileged Access Management landscape has also seen some drastic changes. In order to have a competitive edge, businesses are investing heavily in technologies such as Cloud Computing and Mobile access and going through a rapid digital transformation. Additionally, rapid advancements in Robotic Automation, the advent of newer, sleeker disruptive technologies such as –IoT, IDoT, Blockchain, Quantum Computing, Augmented Reality and methodologies such as DevOps along with distributed workforce have set the need for more advanced account security and access management requisites. The legacy PAM solutions were expensive, bulky and agent-based on...

The Seven Impactful Technologies of a Smart City

In our previous post, The Nine Critical Applications of a Smart City we examined the functional responsibilities of a city as well as the expectations and needs of citizens and the business community. We defined these as: The Built Environment Energy Infrastructure Telecommunications for Citizens and Businesses Transportation Water and Wastewater Health and Human Services Public Safety Payments and Finance Waste Management In this post we’ll examine the foundational technologies used to achieve dramatic improvements in features, efficiency and cost effectiveness in each of those domains. 1. Instrumentation and Control Systems Instrumentation and Control Systems are how a smart city monitors and controls the operational parameters of their electric distribution and metering network, their w...