Forty-five percent of companies globally are executing an Industrial Transformation (IX) program, according to recent LNS Research survey data. Before we can really understand the journey companies undertake, we need to know where they’re headed. That requires a solid definition: what is Industrial Transformation, and how should companies execute it? LNS Research defines Industrial Transformation simply as:
A proactive and coordinated approach to leverage digital technologies to create step-change improvement in industrial operations.