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Przemek Tomczak, SVP, IoT and Utilities, KX
“Innovation” “Agility” “Transformation”
There were so many buzzwords, acronyms and broader business themes competing for mindshare — and market share — at the recent Industrial Transformation – Asia-Pacific in Singapore. But if you’ve been in technology (and business) for long enough, you will have seen these “new” terms applied to concepts, technologies and techniques to galvanize action before.
And with good reason.
Innovation, agility and transformation consistently sit among the leading challenges for business leaders, and today, the speed with which their organization can achieve these measures is becoming increasingly critical.
Speed is a competitive advantage, whether it is delivering product, time-to-market, or being more responsive to a customer or situation in the field.
Luckily, we’re now able to accelerate business processes, deliver insights for decision making, and take action – in real-time – like never before, whether that is to make a production process more efficient, make the world greener through more efficient use of energy, or provide data to internal users, other applications, and external customers.
The challenge — and opportunity — for businesses then is determining where acceleration can have the most meaningful impact for your organization and customers and how to unlock it internally. To do so, and to do so well, is key to any transformation or improvement initiative.
Below is a simple blueprint to consider as you navigate the start of this journey:
Of course, speed is only one part of the equation. Business is characterized by constant, rapid change, but even those who respond quickly can fail if the input is inadequate. To fully unlock the power of this blueprint, consider, too, the collaborators, culture and quality of data available to you:
Innovation, agility and transformation will continue to be top of mind – and agendas – for years to come. The real question is, are you ready to take the steps needed to successfully achieve them?