WHY IT MATTERS: Digital Transformation

WHY IT MATTERS: AI delivers real value in the manufacturing and production side of business. The McKinsey report shows ML and AI impacts bottom line more than top line, and that the field remains immature with the need for center of excellence and help from academia. Overall a useful reference when planning for back office and supply chain improvements.

WHY IT MATTERS: I spent the better part of my life moving physical processes in the digital world. Now the pendulum shifts and we must pour our engineering energy into building things locally - using digital processes, techniques, technologies, from 3D printing to robots to IOT. This is the next 20 years.

WHY IT MATTERS: I often will recommend BOLD moves for digital strategies of my clients: automate entire departments, move everything to the cloud, go mobile-first, go AI-first, etc. It is disappointing to see them take more timid approaches: keep on-premise systems and slowly move to cloud, stay away from ecommerce so as not to deal with logistics issues, build a "store of the future" with a few screens and survey kiosks, etc. 

WHY IT MATTERS: the world economic forum keeps putting out great reports on the impact of digital transformation. I love the illustrations, great summary of key trends and their adoption. Must read.

GE's industrial Internet means that in the future they may be best known for their infrastructure than their products and devices. Watch for it.

More importantly, the industrial internet and Predix tools came out of a strong digital transformation vision carried out by an exceptional Chief Digital Officer (CDO), Linda Boff. See her profile for more details: http://cdoclub.com/us-chief-digital-officer-of-the-year-linda-boff-on-digital-transformation-at-ge/ 

I wrote about GE industrial internet in the past: see here http://www.scoop.it/t/digital-transformation-of-businesses?q=ge