The “industrial internet” has become a common term, everyone is talking about. Companies know they have to focus on it and maybe your boss told you to look at. Despite the fact we see everywhere IoT, industrial internet, industry 4.0 etc.
Based on my interactions with many manager of industrial companies my impression is: the majority is confuse or skeptical.
logicline core business is to work closely with big and middle size companies to help them to create real value with the digital transformation. In order to do that we had to develop our capabilities and learn with the challenges.
Now we would like to share some of those learnings with you:
1. Be aware of uncertainty
When industrial companies want to start the digital transformation the hardest part for most of them is to learn how to embrace uncertainty. Build a traditional business plan won’t help companies to succeed.
The Digital era is about vision and speed to learn and adjust. We reduced the risk of the uncertainty with our 5 steps approach. But the most important we keep the vision and make it fast, delivering solutions in short cycles measuring and adjusting then moving to the next step. The today’s world is dynamic so should your company be.
2. Break the rules
All companies we worked with have their rigid workflows, process, departments, etc. When we enter this topic I have 2 questions to our customers: why those structures are in place? And what value those structures add?
The answers, in general, are: reduce risks and very little value add. Simplification and cooperation those are the outcomes of digital transformation but to achieve it, the managers must get comfortable to abandon old structures and rules.
3. The focus is not a dashboard
We have seen customers adding several machines to the cloud platform and generating tons of data and displaying it on a pretty dashboards but doesn’t add any value. Data is important I absolutely agree but the most important thing is to extract value from it.
We start with the following questions: what need do we want to meet or problem do we want to solve? Then we think: what technologies and data will help us to achieve that?
4. Execution, Execution, Execution
Build a prototype and run a pilot! But first choose the partners that will help you to create real value from it. Second the people that will be affected by the initiative should be involved. This make sure that the right solution and features are being developed. Our experience showed us that to develop the following 3 prototyping approaches was the best for our customers:
- Tailored prototype for the specific customer need and business module.
- Out of the shelve options that create value for industrial companies with light customization.
- A prototype that runs in a specific settings whit no customization.
If you are interested on Digital Transformation get in touch with us.
We will be happy to talk and share our learnings.