Benchmarking Performance: Where do you stand versus your competition?

The hype surrounding the introduction of Industry 4.0 has caused a bit of a culture shock for manufacturers, but the benefits are far too significant to ignore and will enable many to deliver competitive advantages in an ever-competitive landscape. A great deal of hesitancy still exists for manufacturers to embrace the technology that solves the new challenges presented, and because no standard roadmap toward digital manufacturing exists, companies are often uncertain around where to start and what foundational capabilities are required to succeed.
 

To build your roadmap to digital transformation, the most beneficial approach may be to accept that “You can't know where you're going without knowing where you are now." Visualizing your roadmap and where your organization lands within it will help define what steps you can take to create immediate value, where/when to invest time and resources, and most importantly, how to advance forward to the next stages. Some key takeaways we will be sharing include:

• How to identify if you are ready and capable of digital transformation
• How to identify the digital tools necessary for measuring your success
• How to identify the assets and people necessary for implementing your strategy
• Defining actionable steps to build your roadmap to digital transformation