More on Digital Transformation
New technologies promise unprecedented improvement in business operations. Emerson is helping customers navigate the complex path to get there.
By Stuart Harris
Digital transformation is a common buzzword touching every aspect of the business world, but for many it remains only a vision, lacking a clear plan and confidence that the desired business results will be achieved. But digital transformation does not need to be a lofty and abstract idea. There are practical, proven approaches to make it a reality, and companies moving forward in this way are realizing value today.
At its core, digital transformation is using technology solutions to rethink processes, empower people and reach higher levels of performance. The best digital transformation initiatives are scalable, achievable and driven by a clear, identified business need.
We know because we see it every day. Emerson is working with customers across industries, helping develop and implement digital transformation initiatives to solve some of their most pressing operational challenges.
Our leadership in this space has been recognized twice in as many months. We were grateful to be named IoT Breakthrough’s “Industrial IoT Company of the Year” for the third year in a row in January. And just this week, our Plantweb digital ecosystem has been named a finalist for the Edison Award’s Innovative Services category.
When you consider that digital transformation initiatives are expected to take large companies twice as long to implement and cost twice as much as anticipated, the need for the right partner becomes even more critical.
This right partner must bring a mix of deep industry knowledge and domain expertise, reliable and proven technology, and a nimble approach to the rapidly changing world of software and analytics. Emerson has been investing internally and through acquisitions to enhance and keep building our strong software and analytics portfolio.
We’ve been working with customers on digital transformation since before it had a name, and we’ve seen repeatedly how a practical approach – one that generates short-term wins with measurable gains that can be replicated for an enterprise-wide impact – is key to success in this evolving landscape.
But how do you take a concept as big as this and make it practical and actionable?
As the industry continues to invest in digital transformation initiatives, it is critical that these deliver a timely return on investment and achieve the expected business benefits. Having a partner – one that can guide you on your digital transformation journey, bring the right technologies and services, and implement the solutions – can mean the difference between success and failure.