What Are the Fundamentals of Digital Transformation?

Written By: Nancy White
  • Industrial Internet of Things
  • 12/12/2018

As companies look to change the way they do business with innovative technologies like industrial IoT (IIoT) and augmented reality (AR), there are three core values to digital transformation that need to be internalized to be successful.

Embrace Innovation Velocity

To remain competitive in an evolving landscape, businesses need to continuously seek out innovative ideas and be willing to quickly and strategically implement them. If you’re not ready to embrace digital transformation in your products, processes, and people, you’ll fall behind.

Seek Partnerships

Meaningful digital transformation cannot be accomplished in isolation. By seeking out partners that combine best-in-class technologies, businesses are able to implement solutions faster, identify key growth opportunities, and find efficiencies across the enterprise.

Drive Value with Forward-Looking Tech

Industrial IoT and AR have been identified as key business value drivers – and they’re changing industries as you read this. Look to how your business can leverage these technologies to better understand the physical and digital worlds.

The below infographic offers more detail on these three digital transformation fundamentals, including incredible business outcomes from companies that have incorporated these values into their digital transformation initiatives:

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Tags:
  • Industrial Internet of Things
  • Industrial Connectivity
  • Augmented Reality

About the Author

Nancy White

Nancy White is a content marketing strategist for the Corporate Brand team at PTC. A journalist turned content marketer, she has a diverse writing background—from Fortune 500 companies to community newspapers—that spans more than a decade.