Digital Transformation Blogs

From Hype to Reality, a Partner Ecosystem Perspective

Having spent most of my working life around technology I have seen my fair share of economic booms and busts. Apart from the meta-economic influences, the Silicon Valley cycle usually follows its own wave tied to “the next big thing”-- the wave of investment, over expectation, under delivery, and subsequent crash. This obesogenic hype environment means great ideas typically die before their time and are reborn years later when the foundational problems have been resolved.

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What Your Peers Think About Digital Transformation

Industrial companies are becoming increasingly seasoned and sophisticated in their exploration of data analytics. They’re aware of – and intrigued by – the promise of analytics but are increasingly focusing on getting down to business, encountering challenges and asking tough questions.

This means confronting cultural barriers (i.e. “this is how it’s always been done”) and working to ensure the broad availability of data and analytics (versus making them available only to an organization’s most motivated groups). They’re also moving away from addressing narrow challenges with data and instead treating data as a powerful, broadly applicable and dynamic asset. To first-movers in the industrial sector, data is an asset on par with capital, equipment or personnel.

These are some of the findings from Element Analytics’ workshop, “Digital Transformation Readiness” at the recent OSIsoft PI World.

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Top 10 Reasons Why Digital Transformation Strategies Fail

Industrial organizations are always looking for improvements in operations management. Every so often, a big leap forward kicks off a new epoch for industrial companies. For years now, visionaries have recognized the massive potential digital transformation holds to be the next big leap forward. It has the potential to be the next revolution in operational performance improvement, bringing prognostics, months ahead predictions, and root cause analysis. So, where are all the digital transformations then?

There are many different reasons as to why digital transformation attempts have been stymied for industrial organizations. At Element, we’ve heard about them all, from tools that can’t work with the data to teams that don’t understand the challenges involved. We’ve helped our customers overcome many of these through our software, and we wanted to share some of the most common reasons we see for why digital transformation initiatives stumble...

Production, People, and Partners: A Review of 2017

2017 is the year we’ll remember as the “end of the beginning” for Industrial Digital Transformation. It was the year when the definition of “digital transformation” itself was argued about, accused of being a “buzz word,” and featured as the headline for many conference presentations, papers and articles.  The market is finally, albeit slowly, shifting from endless proofs of concepts of cool new technologies and toward a greater focus on true digital transformation solving real business problems.

We’re beginning to see production grade projects being rolled out in industrial companies, everything from individual site based deployments to enterprise projects federating data from dozens of sites and systems across an industrial fleet.  At Element Analytics we’re hopeful that this is a harbinger of companies looking to truly transform their operations to achieve important business outcomes.

For us, 2017 can be summed up in 3 words: Production, People, and Partners.