All digitalization initiatives lie somewhere in the journey to a destination of results delivery. Many will not make it. Why? Lack of structured approach and discipline to stick to it. All digitalization initiatives should follow this roadmap.
For any initiative to be successful, no matter where it lies on the journey, the earlier stages must have been taken already. For many beginning their digitalization journey, there is a strong pressure to deliver something big using one of the latest buzzwords – IIoT, Industry 4.0, Cloud, Edge, Big Data, Analytics.
Proponents of this input-oriented approach risk applying technology for the sake of technology, without realizing its true value.
Here, we look at outcomes; we explore how digitalization can deliver and sustain true value to the Energy and Chemical industry.