Getting from “What’s now to what’s next” with Digital Transformation
June 25, 2021 By Anthony Capkun
June 24, 2021 – Digital Transformation… we’ve all heard about it, but what does it mean to undergo this process, and why would anyone want to?
As chief digital solutions officer with Hitachi Vantara, Frank Antonysamy should know a thing or two about this subject. We connected with Frank and learned digital transformation includes more than just digitizing certain aspects of your business. In fact, it involves an entirely new way of looking at your business model, seeking out ways to enhance your value proposition.
For example, rather than just making a product, you are now able to offer services that are bundled with that product.
In the realm of energy management, digitally transforming our built environment implies greatly improved insights and control over things like HVAC, lighting, and other resources—especially our legacy equipment.
Your internal processes will also be affected by a digital transformation. After all, if they remain stuck in the past, “you’re not going to be able to react quickly enough to your changing market needs, or what your clients want”.
Key to any successful digital transformation journey (and it is a journey, says Frank) is taking a data-driven approach, which guides you and helps ensure you’re achieving results along the way. Otherwise, you come to the end of your transformation, only to discover you’ve spent millions of dollars and changed nothing.
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