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

Partnerships for transformation

Partnerships are critical to transformation both in the public and private sectors. In the public sector, organizations often have to forge public-private partnerships to accelerate transformation. This section will go into the details of these partnerships.

What are public-private partnerships?

A public-private partnership is a cooperative arrangement between at least one private sector organization and at least one government agency. In recent years, these relationships have transformed to include non-profit organizations such as healthcare providers and educational institutions, community-based organizations (CBOs), and business improvement districts. Public-private partnerships are usually, but not always, long-term arrangements. The purpose of these partnerships is to complete large and complex projects or deliver services to the public. True partnerships, where public and private interests are balanced, can transform potentially confrontational...