Digital transformation has become a buzzword in recent years, and for good reason. Companies that embrace digital technologies are more likely to stay ahead of the curve, differentiate themselves in the marketplace, and meet the evolving needs of their customers.
The benefits of digital transformation can be far-reaching, from improved customer experience to cost savings and increased efficiency.
In this blog, we will explore the various benefits of digital transformation, and why it is essential for companies to embrace this trend in order to remain competitive in the digital age.
What is Digital Transformation?
Digital transformation is a term used to describe the process of transforming an organization’s business model and operations through the use of digital technologies. It’s important because it can help you stay ahead of your competition, improve customer experience and attract new customers.
The benefits of digital transformation include:
- Improved customer experience: Digital transformation can help you better understand and meet the needs of your customers. With the use of data analytics and other digital tools, you can gather insights into customer behavior and preferences, and tailor your products and services accordingly.
- Increased efficiency and productivity: Digital transformation can automate many processes, reducing manual labor and freeing up staff to focus on higher-value tasks. This can lead to increased efficiency and productivity across your organization.
- Competitive advantage: By embracing digital technologies, you can stay ahead of your competitors and differentiate yourself in the marketplace. This can help you attract new customers and retain existing ones.
- Cost savings: Digital transformation can help you reduce costs by streamlining processes and eliminating unnecessary steps. This can lead to significant savings over time.
- Innovation: Digital transformation can open up new opportunities for innovation and growth. By embracing new technologies and ways of working, you can develop new products and services that better meet the needs of your customers.
See how JR Automation saved seven figures with embarking on their digital transformation journey:
Creating a Digital Transformation Roadmap
The first step to creating a digital transformation roadmap is to identify the scope of your transformation. What are you trying to achieve? What are the goals and objectives of your business? How will you measure success?
Once this has been determined, it’s time to set up a timeline for achieving those goals.
Once these steps have been completed, it’s time for action! You should now have a clear idea of what needs changing within your organization and how long it will take before those changes become visible.
Building a Digital Transformation Team
When you’re building your digital transformation team, it’s important to define roles and responsibilities. You’ll want to make sure that everyone understands their role in the process and what they are expected to do. For example, if someone is responsible for monitoring the performance of shop floor machines, they should know what the ideal OEE is of each machine, how they are going to collect that data, and how they are going to distribute it to enterprise decision makers.
It’s also important that you select team members who have complementary skillsets and experience levels. If one person has extensive knowledge of augmented reality while another knows nothing about it at all, this could lead to problems down the line when it comes time for them both to collaborate on projects together – and no one wants that!
Finally, creating a culture where collaboration happens naturally between team members will help ensure successful outcomes throughout your digital transformation project(s).
Adopting the Right Technology
The first step in digital transformation is choosing the right technology. You’ll want to consider:
Software: What are your current needs and how will they change over time? Will you need additional features or functionality?
Hardware: Do you have enough computing power and storage space for all of your data, or does it need to be scaled up or down depending on usage patterns at different times of day/year/etc.? Do you have sensors to track data that you need for production insight?
Tools: What tools do developers use to build applications on top of this platform (e.g., Creo vs. Solidworks)? How easy is it for them to integrate their code with existing systems like databases and messaging queues? Are there any security issues with using these tools – and if so, how can they be mitigated by using another tool instead (e.g., switching from MySQL database server software to Microsoft Azure).
Developing a Digital Transformation Strategy
The first step to developing a digital transformation strategy is to define the scope of the project. What are you trying to accomplish? What are your objectives, and how will you measure success?
These questions can help guide your organization through its transformation journey by setting realistic goals for both short-term wins and long-term gains.
Once you’ve defined what needs changing, it’s time for step two: defining how those changes will happen. This involves creating an action plan that includes timelines for each phase of implementation as well as resources required for each stage (e.g., time from IT staff).
Some companies may choose to tackle multiple projects simultaneously; others might choose only one area at a time depending on their resources available in terms of money/manpower/etcetera).
Implementing the Digital Transformation Plan
Develop a timeline. The first step in implementing your digital transformation plan is to develop a timeline with milestones that will help you track progress.
Set goals and objectives for each milestone. Once you’ve established your milestones, it’s time to set goals and objectives for each one of them so that everyone involved knows exactly what needs to be done at any given time during the project.
Track progress regularly by reviewing dashboards or reports generated from data collected during testing phases of development projects (if applicable). It’s important not only for managers but also employees on lower levels within organizations who may not have access
Monitoring and Evaluating Performance
Monitoring and measuring performance is an important part of the digital transformation process. It allows you to identify areas where you are successful, and areas that need improvement.
Monitoring can be done using a variety of tools, including:
Data Analytics Dashboards (e.g., Thingworx Analytics)
Real-time Data Share (e.g., Windchill, EAC Productivity Apps)
Digital Twin Performance (e.g., Augmented Reality)
Adapting and Adjusting the Plan
As you progress through your digital transformation, there will be changes in the market that you need to respond to.
If a competitor introduces a new product or service, or if something happens in the industry at large, it may change how you approach your own strategy.
You might also find that your goals and objectives have changed since they were first set out; perhaps there’s been an increase in customer demand for something specific that wasn’t previously considered important enough for inclusion on the list.
The best way to handle these situations is by reviewing them regularly with other members of your team – and making sure everyone has input into decisions about how best to adjust course as needed.
Communicating the Benefits of Digital Transformation
In order to communicate the benefits of digital transformation, it’s important to understand who your stakeholders are and what they want.
If you’re working in an organization with a large number of stakeholders (such as a government agency), then there may be multiple groups that need convincing. For example:
The board wants to see results from their investment in IT infrastructure. They’ll likely be interested in metrics such as ROI and cost savings.
Executives want quick wins that will help them achieve their goals, but they also need proof that this new approach will work before they can commit time and resources to implementing it throughout the organization.
Employees want something tangible they can hold onto when explaining why this change is important for them personally (and why it matters).
Digital transformation is a powerful tool that can help you achieve your business goals. It’s important to remember that digital transformation is not just about implementing new technologies, but also about changing how you work and think as an organization.
Digital transformation requires commitment from everyone involved in the process – from the C-suite down through every level of your organization.
To be successful, it must be an ongoing effort rather than a one-time project or initiative. You will need to continuously innovate and improve what you’re doing if you want to stay ahead of competitors who are also pursuing digital transformation strategies.
In conclusion, digital transformation is becoming increasingly essential for companies to stay competitive and meet the needs of their customers in the digital age. However, the process of digital transformation can be complex and challenging, which is why EAC assessments can be extremely helpful.
By conducting an assessment of your organization’s current digital capabilities and identifying areas for improvement, you can develop a roadmap for digital transformation that is tailored to your specific needs and goals.
EAC assessments can help you identify gaps in your digital capabilities, streamline your processes, and develop new products and services that better meet the needs of your customers. By embracing digital transformation and leveraging the expertise of EAC assessors, you can position your company for success in the digital age.
Making and extending access to product data (also known as data accessibility) is exactly what can put you ahead, especially if your organization has anything to do with product development.
This article explains how to make product data accessible, as well as why product data access is a trend that many organizations are beginning to pursue.
Product data is vital to organizational success
In business and engineering, product development refers to bringing new and existing products to market. During this process, your product data is everything.
Your organization’s product data likely includes computer-aided design (CAD) data, 3D models, parts information, standardized work instructions, product requirements, notes, documents, and more.
This is why your organization’s product development success starts with… you know it… product data.
The reality is, the product data that may only be visible to engineering or management teams is exactly what your entire organization could leverage to make better-informed decisions.
Product data is vital to organizational success because it helps identify business opportunities, predict future trends, and most importantly it is exactly what allows you to generate more revenue.
Why is data accessibility important?
Data-driven business decisions make or break companies. This is exactly why your product data should be accessible to anyone within your organization who needs it.
People across multiple departments often need to input data into business systems, especially in larger organizations.
If different employees throughout your organization input slightly different information, use non-compatible formats or simply don’t have access to each other’s data – confusion and miscommunication can occur.
These situations lead to mistakes, unnecessary costs, and lost revenue. All of which (I’m going to assume) your business is trying to avoid.
There are many reasons why access to data is important, but let’s address data access methods and tools your organization can use to help extend and make your product data accessible.
The first step to making product data accessible: System integration. System integration is an ever-popular topic among the IT savvy.
Integrated systems streamline processes, increase efficiency and productivity, reduce costs, and reduce manual entry errors. This is why organizations take steps to integrate business and enterprise systems used throughout their operations.
Integrating your business systems helps keep everyone on the same page by ensuring all staff has access to the same data.
This is especially important when tracking product changes, and I’ll explain exactly why.
Let’s assume an engineer needs to make a last-minute one design adjustment to a product. This is a situation when it is crucial to inform affected departments and stakeholders of product changes as soon as possible.
When system integrations and PLM/ERP tools are in place, everyone throughout your organization (who would need access to specific product data) can access up-to-date information!
Not only does this keep people up-to-date and informed, but it also allows people throughout an organization to compare and contrast the evolution of your products.
Why is that so important?
A cross-functional team’s ability to evaluate the history of product changes through the lens of each individual’s respective discipline will provide a better idea of the impact of product and process changes over time.
By encouraging information-sharing and communication between departments, system integration can inspire collaboration between departments and lead to unexpected business improvements.
When one department gains access to information they didn’t have before, it can help them understand the role in the company better as well as the overall operation of the business.
This knowledge can help them improve performance and productivity, as well as, allow them to make better, more informed decisions.
Recognizing & responding to multiple data user’s product information needs
Although product data management tools (such as PTC Windchill) help organization’s collect and manage data, many enterprise solutions (such as product lifecycle management systems) fail to build user interfaces that non-technical staff can actually understand.
PLM systems can quickly become too complex for many roles across an organization. This can make it hard for users to navigate the system, find information, and ensure they’re getting the right information.
Oftentimes the sole users of PLM enterprise systems tend to be engineers and product designers who create the information. This means other roles are requesting information from the authors, whether they are designers or engineers.
When this happens, users lose time waiting for the person who created the information, and they take time from the designers and engineers that should be focused on designing and developing products.
The solution: System integration that is focused on data visibility and data accessibility
By integrating your enterprise systems with a focus on data visibility and data accessibility, your organization ultimately supports communication and collaboration across the entire enterprise and value chain.
For instance, product data management tools (such as PLM applications or plugins) can collect and transform your product data. These same product data access tools can also provide a data output with meaningful content, assisting any role (such as accounting, purchasing marketing, etc.) to make smarter and faster decisions which can directly impact your bottom line.
An easy solution to extend product data access
Our company, EAC Product Development Solutions, designed an easy solution to help organizations (like yours) easily extend access to accurate product data.
Our PLM EAC Productivity Applications deliver role-based data mash-ups, that provide just the type of product information that is needed by a particular role.
Our PLM plugin technology works in the back-end to bring together product information stored in multiple enterprise systems (such as ERP, ALM, PLM, QMS, etc) to deliver product data to users in a way that can be easily consumed.
This enables an entire enterprise to get valuable product data and information in just the way that they want it when they need it.
Our Productivity Applications also eliminate time wasted waiting for authors to collect and redistribute product information.
Our EAC Productivity Applications help deliver on the promise of Product Lifecycle Management.
Want to learn more? Let’s have a conversation.
Here’s why every manufacturing company should be considering product lifecycle management applications.
Expand PLM software usage throughout your enterprise with PLM apps
Let’s face it, no company uses a single product data management system (PDM) or a Product Lifecycle Management (PLM) system for ALL of its organization’s needs.
Your organization likely uses an abundance of different technology software to collect and store data. These technologies can include customer relationship management (CRM) systems, quality management system (QMS) software, enterprise relationship planning (ERP) systems, application lifecycle management (ALM) systems, and so many more.
If your organization currently uses a PLM system, odds are you most likely paid a pretty penny for it. So why not make the most of that product lifecycle system investment and use your system’s complete functionality?!
Product lifecycle applications support, enable, and enhance the value and footprint of PLM software. PLM Apps go a long away to assist and ensure consistent access to up-to-date product data. They can help expand controlled access to valuable content and give functional groups a single simplified view of files, data, and content all within a single browser-accessible screen.
You’re going to want to invest in these kinds of advanced technology solutions that simplify data gathering processes and expand the value of your PLM investment. PLM apps are meant to help you find data easier which reduces user frustration and helps take productivity to new levels within your organization.
PLM applications, also referred to as PLM system plugins, deliver on the dreams of many organizations. They are a simple solution that drastically increases enterprise PLM usage.
PLM apps integrate siloed data from disparate systems
With the use of multiple complex enterprise systems, your organization’s data is most likely held captive in siloed systems. Many PLM applications help connect these disjointed enterprise systems using common application programming interface (API) connection abilities.
PLM apps simply pull data from other enterprise systems into a new user-interface through API integrations. They don’t rely on interface features from other enterprise platforms or systems (besides the data and information they extract), therefore, they are less likely to be affected by a new release of the underlying enterprise systems!
PLM apps simplify searches for the occasional PLM software user
PLM apps change the user interface (UI) and user experience (UX) of your PLM system so that it’s easier to use. This can be useful for occasional or novice users who can feel overwhelmed by the complexity of their PLM system compared to those that use their PLM system on a daily basis.
PLM applications offer user-friendly interfaces that simplify the complexity of PLM systems and make it easier to search, find, locate, and understand product information. In fact, many of these tools even allow organizations to adjust settings for specific users (such as purchasing, marketing, accounting, etc.) so they can access the direct information they need.
PLM apps Many customers we work with use complex product lifecycle management systems such as PTC Windchill or Siemens Teamcenter. Due to the robust capabilities of these enterprise systems (and other PLM systems), many users find product data hard to navigate – especially if they aren’t daily users within these systems.
PLM apps speed up product development processes by providing users with complete access to real-time complex enterprise data.
Product lifecycle applications really do make PLM easier – see it for yourself by watching this short PLM applications video.
Customize PLM apps without disrupting your PLM software
PLM applications and system plugins offer simple and easy ways to customize enterprise product data systems. A PLM Administrator can customize the apps to conform to their company’s goals and prioritization of tasks without disrupting the PLM software itself.
Time after time, we see organizations add PLM customizations to their mainframe PLM software, only to wind up facing dozens of challenges as new system software versions get released. Because PLM apps are an extension of PLM software systems, they are minimally affected by upgraded software versions and updates (if at all).
PLM apps provide organizations with the ability to easily custom tailor simplified product lifecycle management interfaces or mashups. This functionality provides additional value and integration capabilities with other enterprise systems.
PLM Applications offer a brand-new UI for your intricate product data management system; enabling a fresh and simple user experience. They also have started to help organizations solve problems easier and faster with direct, accessible, and instantaneous insights from data.
Your systems are only as good as how you use them. If employees struggle to navigate your product lifecycle system interface, PLM apps are definitely something you should be looking into!
How PLM apps drive flexibility within your organization
PLM applications provide access to PLM information to employees outside of engineering such as marketing, sales, finances, and procurement.
Access to PLM system data provides another way for teams to identify the broad scale of their day to day activities and information. This can help teams understand and prioritize tasks to be more efficient and productive.
This flexibility allows teams to work the way they want. By enhancing a complex system and tailoring each end-user experience, it’s easy to see how these PLM system plug-ins can drastically improve productivity and drive value across an organization.
What is better than providing every department with product information that they want and need to do their job?!
Want to learn more about PLM Applications and how they could pair up with your current enterprise systems? Let’s have the conversation!