Only 13 percent are leveraging their investments to realize both cost saving efficiencies and new business growth: What Accenture calls “Leading in the New." Why? Because most companies are not using digital technologies in combination as Industry X.0 businesses.
Getting ahead with digital reinvention
ARE YOU INTELLIGENTLY COMBINING DIGITAL TECHNOLOGIES TO LEAD IN THE NEW?
Many companies in multiple sectors invest heavily in digital technologies to drive growth
of executives want new efficiencies, new growth, and new experiences to be delivered at the same time.
of companies are getting both cost saving efficiencies and new growth from their investments in digital technologies.
WHY?
BECAUSE MOST ARE STILL DEPLOYING DIGITAL TECHNOLOGIES PIECEMEAL
COMBINING DIGITAL TECHNOLOGIES ISN’T JUST A SIMPLE GAME OF MIX-AND-MATCH
The right technology combinations will vary across industries, and will change over time as technologies evolve. What’s more, the mix required to lower costs differs from that best suited to driving top-line growth.
US$85,000
average company savings per employee if five digital technologies in particular—autonomous vehicles, augmented and virtual reality, big data, machine learning and mobile computing are combined
$6bn
potential additional average market capitalization with a slightly different digital technology mix—autonomous robots, mobile computing, autonomous vehicles, 3D printing, and machine learning
$1.6bn
average total savings for companies in the industrial-equipment sector if they combined autonomous robots, AI, blockchain, big data and 3D printing
DIGITALLY CONNECTED CUSTOMERS DON’T WAIT FOR LAGGARDS
Digital Disruption Has Arrived
Industry X.0 In Action With Leading Organisations
SIX THINGS LEADING INDUSTRY X.0 ORGANIZATIONS ARE DOING NOW TO UNLOCK THE POWER OF DIGITAL
Our intensive case study research and economic value modelling reveals six imperatives Industry X.0 businesses must address to become smarter, connected, living and learning.
TRANSFORM THE CORE
Drive new levels of efficiency around digital. Both machines and software systems are synchronized to unlock cost efficiencies—thus driving up investment capacity.
FOCUS ON EXPERIENCE AND OUTCOMES
Investing to drive new, hyperpersonalized experiences for customers, via multiple “smart touchpoints,” helping grow core businesses by enhancing customer engagement.
INNOVATE NEW BUSINESS MODELS
Driving differentiated value for clients and new revenue streams for companies.
BUILD A DIGITAL-READY WORKFORCE
Source, train and retain talent with digital-ready skills and encourage active collaboration between people and machines.
RE-ARCHITECT NEW ECOSYSTEMS
Create a robust ecosystem of suppliers, distributors, start-ups, and customers that enables rapid scaling of new business models across the digital value chain.
PIVOT WISELY
Continually balance investment and resource allocation between the core business and the new business to synchronize innovation and growth.
DIG DEEPER
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20 minutesThe Big Read
Why becoming an Industry X.0 business is the key to creating more value with digital.
CREATE AN INTELLIGENT ENTERPRISE
TAKE
CONTROL OF
DISRUPTION
MASTER NEW
ORGANIZATIONAL
ARCHITECTURES
MEET THE EXPERTS
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Dave Abood
Senior Managing Director
Resources, Growth and Strategy
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Aidan Quilligan
Managing Director
Industry X.0, Accenture
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Raghav Narsalay
Managing Director
Accenture Research
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Eric Schaeffer
Accenture Industrial
Global Managing Director
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Craig McNeil
Global Managing Director
Internet of Things
ABOUT ACCENTURE
RESEARCH
Accenture Research shapes trends and creates data-driven insights about the most pressing issues global organizations face. Combining the power of innovative research techniques with a deep understanding of our clients’ industries, our team of 250 researchers and analysts spans 23 countries and publishes hundreds of reports, articles and points of view every year. Our thought-provoking research—supported by proprietary data and partnerships with leading organizations such as MIT and Singularity—guides our innovations and allows us to transform theories and fresh ideas into real-world solutions for our clients.