How to Survive and Thrive in the Digital Economy

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A whitepaper from ABI

Artificial Intelligence, Industry 4.0

How to Survive and Thrive in the Digital Economy
How to Survive and Thrive in the Digital Economy

ABI. The global pandemic has changed the way we work – perhaps forever. Companies further along their digital transformation journey have been able to pivot and respond more quickly to changes in supply and demand. For others, the urgency of the pandemic has forced a level of digitalization upon them that might not have occurred otherwise. The net effect if the reinforcement of technology as a lever for greater flexibility and agility, faster growth, and better productivity. Digital tools enable business to operate at their best, without interruption. They enable frontline workers to remain safe while performing their tasks and provide the right information to the right professionals at the right time. These tools include digital twins and Augmented Reality (AR) for asset, product, and service life cycle management, advanced analytics and Artificial Intelligence (AI) for business process optimization, and cloud-based Software-as-a-Service (SaaS) solutions for better communication and collaboration. Now, more than ever, companies are embracing these tools and the service models that come with them to create a better world.

This whitepaper covers the key digital transformation initiatives that are here to stay, including: The Internet of Things (IoT) and intelligent systems, not just as a technology or platform, but as a set of solutions that can address specific problems with great efficiency; Analytics and AI as a foundation for shared data models and the emergence and role of digital twins/digital thread; Augmented Reality (AR) for frontline workers and the impact of spatial computing on the industrial enterprise; Cloud and SaaS as catalysts for better collaboration, creation, customer centricity, and overall business agility.

Posted on March 4, 2021 - (472 views)
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