Book Image

Industrial Digital Transformation

By : Shyam Varan Nath, Ann Dunkin, Mahesh Chowdhary, Nital Patel
Book Image

Industrial Digital Transformation

By: Shyam Varan Nath, Ann Dunkin, Mahesh Chowdhary, Nital Patel

Overview of this book

Digital transformation requires the ability to identify opportunities across industries and apply the right technologies and tools to achieve results. This book is divided into two parts with the first covering what digital transformation is and why it is important. The second part focuses on how digital transformation works. After an introduction to digital transformation, you will explore the transformation journey in logical steps and understand how to build business cases and create productivity benefit statements. Next, you’ll delve into advanced topics relating to overcoming various challenges. Later, the book will take you through case studies in both private and public sector organizations. You’ll explore private sector organizations such as industrial and hi-tech manufacturing in detail and get to grips with public sector organizations by learning how transformation can be achieved on a global scale and how the resident experience can be improved. In addition to this, you will understand the role of artificial intelligence, machine learning and deep learning in digital transformation. Finally, you’ll discover how to create a playbook that can ensure success in digital transformation. By the end of this book, you’ll be well-versed with industrial digital transformation and be able to apply your skills in the real world.
Table of Contents (15 chapters)
1
Section 1: The "Why" of Digital Transformation
6
Section 2: The "How" of Digital Transformation

Transformation case studies from consumer industries

Next, we will look at a few examples of digital transformation at work, in some consumer-centric industry sectors. We will see how these transformations are enabled by the emerging digital technologies from the prior section. Some of these transformations have been accelerated by the COVID-19 pandemic, at the time of writing this book.

Peloton

Peloton has 2.6 million members worldwide at the time of writing. Their bikes represent a relatively recent digital transformation in the world of indoor cycling classes, which have moved them from the gym to the home. Peloton's Turkey Burn ride during the Thanksgiving holidays in the US draws well over 10,000 riders every year. It is a perfect example of the servitization of the exercise bike via digital technologies. The technology helps to recreate the high-end gym indoor cycling studio environment at home. The COVID-19 pandemic has pushed Peleton's digital transformation...