PTC White Paper: Digital Transformation in Manufacturing

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Using a proven methodology for defining and achieving Operational Excellence will allow manufacturers to position themselves to achieve goals faster, at a lower cost and with better results than relying on a less structured approach, a white paper from LNS Research has found.Entitled ‘The Road to Digital Transformation Success: A Methodology to Modernise Operational Excellence,’ the white paper states that the largest hurdle manufacturing businesses face today is a lack of communication and collaboration.
“Even when there is a desire to implement something as powerful as Industrial Internet of Things (IIoT) technology, obstacles like funding, building a business case, and understanding how it will help all boil down to those two fundamental factors,” the white paper says.

It adds that although some organisations have made progress in adapting and managing the challenges of the convergence of information and operational technology, and despite having a plan of where to go (i.e.: Operational Architecture), there is still very little actual progress towards transformation.
“The hurdle that most often holds companies back is that they haven’t navigated the bridge between strategic vision setting and Operational Architecture: defining Operational Excellence. Companies that truly embrace Digital Transformation as a way to institute …

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