Myths and Realities of the Digital Transformation

Myths and Realities of the Digital Transformation

Trying to be prepared for a single moment is why your digital transformation is failing, says the Industry X.0 lead at Accenture UK.

In a recent Accenture survey of more than 1,000 industrial company executives, only 13% said their companies are getting both cost-saving efficiencies and new growth from their investments in digital technologies.

Every day there is a terrific – and terrifically disruptive – digital #innovation, but businesses struggle to get value.

Accenture’s #CombineAndConquer research found that combining technologies such as AR/VR, big data, machine learning, mobile computing, #autonomous vehicles and autonomous robots can save large businesses an average £60,000 per employee or help companies gain additional market capitalization of just over £4.2bn on average.

If digital technologies are to live up to their promise, what is needed is coordination and combination.

So is it worth the investment? In the UK, additive manufacturing, artificial intelligence and #automation and #robotics stand to contribute £454bn to industry over the next decade; a figure that can’t be ignored.

Image Source: Capgemini

#industrial4.0 #BigData #robotics #productivity #manufacturing