Three Misconceptions About Digital Transformation
January 13, 2021
If Engaging in a Digital Transformation Initiative Seems Overwhelming, You Are Not Alone
By Jamie Flerlage, Cornerstone Controls
The idea of doing something new, combined with the memories of challenging implementations and vendors that over-promise and under-deliver, creates a perfect storm of concern and hesitation between suppliers and site management.
To proactively bridge this gap, Proconex will offer educational opportunities about Emerson’s digital transformation solutions. Through our blog, case studies, white papers, webinars, videos, and on-line technical demonstrations, customers can inform themselves and learn more about Emerson and Proconex's successes in the digital transformation domain.
This blog series consists of short, pragmatic pieces about approaching and successfully implementing digital transformation technologies. Proconex aims to build upon the decades of trust we already share with our customers by offering a transparent, authentic conversation concerning the successful digital transformation technology projects.
We will start our series by addressing three misconceptions we hear in the field:
1. Digital Transformation (DX) is marketing speak for an IIOT solution.
Digital transformation is a business paradigm, not a product, solution, or service. Organizations apply DX initiatives to business models and processes to minimize inefficiencies and maximize outcomes (i.e., people productivity, plant output, revenue, profitability). An IIOT solution is just one of many technical applications of “digital” to the processes you’re trying to “transform.”
2. Our site isn’t ready for digital transformation.
This statement may be true. However, in the 1990s, sites dependent upon fax machines and typewritten memos for internal and external communication weren’t ready for electronic mail, either. It’s likely your site already has digital capabilities you can reuse or build upon using modern technologies. If obsolete technology tends to be pervasive in every aspect of your process, Proconex can help you pick one area of focus and start there. This approach will enable the site to manage risk and control spending carefully.
3. Digital transformation technologies are too expensive.
Without key performance indicators and business metrics driving your DX initiatives, then the purchase of technologies comes off as “nice to haves” instead of mission-critical applications. Capital projects require a minimum internal rate of return (otherwise known as return on investment) for a project to move forward. Proconex can help you gather metrics and build a business case. If your site is under a corporate mandate, talk to us about engaging in a no-cost, risk mitigation step using a Technical Discovery process.