Digital transformation is the process of integration of digital technology into all areas of a business. This profoundly changes how the business operates by creating new - or modifying existing - business processes, customer experiences, and organizational culture. It is the process of converting information from analog to digital. Also digitization isn’t about changing how you do business or creating new types of businesses. It’s about keeping on but faster and better now that your data is instantly accessible and not trapped in a file cabinet somewhere in a dusty archive and now most businesses started converting all those ink-on-paper records to digital computer files.
The benefits you will have from digital transformationis reduced costs, improved productivity & efficiency, increasing ROI, protecting the workforce and creating new value for consumers and shareholders.
Efficiency: Greater efficiency can be achieved through integrated and connected technologies such as sensors, app-based controls, analytics, edge computing and smart machinery. Collectively, we provide intelligent automation and data insights that have a big impact on overall performance.
Productivity by maximizing output & minimizing waste:Digital technology enables businesses to do more with less. From IoT-enabled tracking to automated production lines, data analytics to predictive maintenance, businesses can achieve greater yield with less energy and fewer materials and workers. p >
Return on investment: Many businesses avoid digital upgrades because they believe there will be no return on investment, or that the payback will take too long. This is a mistake! When it comes to energy management and automation, the average payback period for digital investments has shown to be approximately five years which means you’ll see your investment in no time.
Safety by protecting the workforce while boosting efficiency: safety must never be an afterthought in any industrial, mining or manufacturing setting. Robotics can replace human intervention in dangerous situations, while artificial intelligence, augmented/virtual reality and big data can provide greater control and minimize risks. From training through to factory-floor and hazardous mining operations, digital technology can educate and protect the workforce. p >