At Rockwell Automation, like many other industrial companies, we’ve been talking for several years about digital transformation (DX) as the convergence of people, processes, and technology.
These three elements of DX are not usually listed hierarchically – all three are vital to the successful strategic digitalization of industrial companies. In combination, they access the efficiency, productivity, and flexibility improvements that are widely accepted as vital, inevitable changes needed for sustainable industrial businesses of the near future. Such benefits will be sorely needed by many industrial companies in the coming months.
Recent events have seen unprecedented pressure on industrial enterprises. The pandemic and the war in Ukraine have upset a plethora of previously stable business dynamics. Supply chains have been stretched, movement has been restricted, inflation is soaring, and energy costs rising at a worrying rate. Given this unique set of challenges the resilience of industrial enterprises is being tested to the maximum, and many are turning to digitalization – or accelerating their digital transformations – as a response to the conditions of the market.