Taking technology investments from vision to value
October 15, 2018
October 15, 2018
Adopting emerging technologies open the doors to transformed business models and new experiences and products for both employees and customers. Seizing these opportunities requires careful decision-making to achieve increased efficiency and sustained growth. All too often, companies simply adopt various digital technologies piecemeal, which limits the tech’s benefits.
So how can companies succeed? By adopting and combining the right digital technologies and becoming an Industry X.0 enterprise.
Combining digital technologies that drive operational efficiencies with others that enable new growth is the key idea of Accenture’s Industry X.0 approach. Companies which follow that approach strive to master this kind of technology combination and balance their digital mix to achieve efficiency and maximize investment value.
These Industry X.0 companies can quickly determine which technologies are optimal for their business. And they excel in adopting these in an effective way that allows them to drive company-wide change.
Tomorrow’s Industry X.0 companies will rely on not only business cases but also analysis of external factors, or value-triggers, to shape their digital transformation roadmap.
A careful analysis—and management—of these factors can help companies make better technology choices, mitigate adoption risks and maximize the return on digital investments.
Combining digital technologies isn’t something to leave to trial and error. Our research shows valuable technological combinations allow companies to reduce their cost per employee, grow their market cap and reinvent their operating models.
20 minute read