{"id":9270,"date":"2017-09-13T09:00:24","date_gmt":"2017-09-13T17:00:24","guid":{"rendered":"http:\/\/www.palada.net\/index.php\/2017\/09\/13\/news-3043\/"},"modified":"2017-09-13T09:00:24","modified_gmt":"2017-09-13T17:00:24","slug":"news-3043","status":"publish","type":"post","link":"https:\/\/www.palada.net\/index.php\/2017\/09\/13\/news-3043\/","title":{"rendered":"Jump on board the digital train"},"content":{"rendered":"<p><strong>Credit to Author: Herv\u00e9 Coureil| Date: Wed, 13 Sep 2017 16:48:48 +0000<\/strong><\/p>\n<p>In his recent <a href=\"https:\/\/www.forbes.com\/sites\/danielnewman\/2017\/08\/22\/3-companies-nailing-digital-transformation-that-you-havent-heard-about\">Forbes article<\/a> on companies that are seizing the opportunities of digital transformation, analyst Daniel Newman compared this revolution to \u201ca charging digital bullet train.\u201d This is one of the best metaphors I\u2019ve heard to emphasize what \u201cgoing digital\u201d feels like to most companies these days.<\/p>\n<p>Today, any customer experience must be enriched digitally \u2014 and be frictionless, fast, and intuitive. Most important, the entire customer experience <strong>must<\/strong> answer this question in an instant: \u201cHow are you going to solve my problem or make me more efficient?\u201d<\/p>\n<p>If enabling this type of digital experience is not an inherent part of one\u2019s business strategy, the sound of that racing bullet train is probably unsettling.<\/p>\n<p>At Schneider, though, that sound signals an exciting opportunity for a digital journey to new and thrilling places.<\/p>\n<p><strong>Do you want the digital world to thrive without you?<\/strong><\/p>\n<p>Over the past 25 years at Schneider Electric, I had a long stretch in Finance and M&amp;A before starting our global IT organization. Why is this relevant?<\/p>\n<p>Well, having looked at more business cases than I care to remember, I\u2019m going to say that the digital bullet train is also the new revenue stream of tomorrow, even though the return on investment might look elusive today, and be hard to capture with traditional tools.<\/p>\n<p>For many established companies, a digital transformation may feel as if you\u2019re throwing your core business out the window. But think of this journey as the catalyst for (re)invention. You don\u2019t need to lose sight of your core business; instead, you can consider how new opportunities from digital capabilities can transform your core with:<\/p>\n<ul>\n<li>Improved ways to design, sell, and service products<\/li>\n<li>Enhanced customer experience<\/li>\n<li>New, profitable business models<\/li>\n<\/ul>\n<p>In other words, transforming the core \u2014 though much more unsettling and difficult \u2014 would be a better bet for many companies than just experimenting on the edges. Unbundle your core business \u2026 or somebody will do it for you. The business outcomes are worth it. Connected products and business model innovations at the manufacturing firm level, for example, could yield a 25% revenue increase.<a href=\"#_ftn1\" name=\"_ftnref1\">[1]<\/a><\/p>\n<p><strong>The Internet of Things (IoT) is your golden ticket.<\/strong><\/p>\n<p>We see IoT, and fast-escalating artificial intelligence technologies, as the golden ticket for a successful transformation. Our IoT ticket is <a href=\"http:\/\/www.schneider-electric.com\/b2b\/en\/campaign\/innovation\/overview.jsp\">EcoStruxure<\/a>\u2122 \u2014 an interoperable IoT architecture and platform that helps you scale your digital transformation with connected products; edge control for critical operations onsite; and apps, analytics, and digital services. With EcoStruxure, you can quickly pivot from just accumulating <a href=\"http:\/\/blog.schneider-electric.com\/energy-management-energy-efficiency\/2017\/07\/11\/ai-answer-iot-data-apocalypse\/\">copious amounts of data<\/a> to gaining deeper business knowledge that enables better decision making.<\/p>\n<p>For smart power distribution, we\u2019ve embedded <a href=\"http:\/\/www.schneider-electric.com\/b2b\/en\/campaign\/masterpact-mtz\/\">intelligence in circuit breakers<\/a>. We\u2019ve connected our long-standing <a href=\"http:\/\/www.schneider-electric.com\/b2b\/en\/products\/product-launch\/altivar-process\/\">Altivar variable speed drive<\/a> so operators can monitor risk and predict failure far before it happens. And, we leveraged the cloud to <a href=\"http:\/\/www.schneider-electric.com\/b2b\/en\/campaign\/innovation\/datacenters.jsp\">monitor data center infrastructure remotely<\/a> and send filtered notifications to smartphones as needed.<\/p>\n<p>We see <a href=\"http:\/\/www.schneider-electric.com\/b2b\/en\/campaign\/innovation\/platform\/connected-digital-services.jsp\">digital services<\/a> as an exciting new frontier for Schneider. And we didn\u2019t have to rip and replace our core business to seize the value. Instead, we enhanced our best-in-class offers and re-architected our end users\u2019 experience to drive new and positive business outcomes for our customers.<\/p>\n<p><strong>A successful digital transformation<\/strong><\/p>\n<p>We want to help you thrive in the digital economy. Don\u2019t miss our plenary session \u201cIoT Co-Innovation: Powering the Digital Transformation,\u201d with Cyril Perducat, our IoT &amp; Digital Transformation Executive Vice President. It will be streamed live from our <a href=\"http:\/\/www.schneider-electric.com\/en\/about-us\/events\/innovation-summit-hong-kong-2017.jsp\">Innovation Summit on Sept. 26<\/a>.<\/p>\n<p>Also, this year Schneider is a Diamond Sponsor of the <a href=\"http:\/\/www.schneider-electric.com\/en\/about-us\/events\/iot-solutions-world-congress.jsp\">IoT Solutions World Congress in Barcelona<\/a> (Oct. 3-5). You can join us at IoTSWC for demos, testbeds, panel discussions, and IoT networking.<\/p>\n<p>Digital transformation isn\u2019t a trend. It\u2019s not a strategy. It is <strong>the<\/strong> strategy. I\u2019ll end this with another quote from the famous racing driver Mario Andretti, \u201cIf everything seems under control, you are just not going fast enough.\u201d<\/p>\n<p>We can help you embark on your digital journey so you can succeed at every milepost along the way, improving energy efficiency and business sustainability.<\/p>\n<p> <a href=\"http:\/\/www.schneider-electric.com\/en\/about-us\/events\/iot-solutions-world-congress.jsp\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-40984\" src=\"http:\/\/blog.schneider-electric.com\/wp-content\/uploads\/2017\/09\/Static-Blog-Banner-1-V2.jpg\" alt=\"\" width=\"620\" height=\"350\" srcset=\"http:\/\/blog.schneider-electric.com\/wp-content\/uploads\/2017\/09\/Static-Blog-Banner-1-V2.jpg 620w, http:\/\/blog.schneider-electric.com\/wp-content\/uploads\/2017\/09\/Static-Blog-Banner-1-V2-300x169.jpg 300w\" sizes=\"auto, (max-width: 620px) 100vw, 620px\" \/><\/a> <\/p>\n<h6><a href=\"#_ftnref1\" name=\"_ftn1\">[1]<\/a> World Economic Forum, Technology and Innovation for the Future of Production: Accelerating Value Creation,\u201d March 2017. http:\/\/www3.weforum.org\/docs\/WEF_White_Paper_Technology_Innovation_Future_of_Production_2017.pdf<\/h6>\n<p>  <img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/blog.schneider-electric.com\/?feed-stats-post-id=40983\" width=\"1\" height=\"1\" style=\"display: none;\" \/><\/p>\n<p>The post <a rel=\"nofollow\" href=\"http:\/\/blog.schneider-electric.com\/energy-management-energy-efficiency\/2017\/09\/13\/jump-board-digital-train\/\">Jump on board the digital train<\/a> appeared first on <a rel=\"nofollow\" href=\"http:\/\/blog.schneider-electric.com\">Schneider Electric Blog<\/a>.<\/p>\n<p><a href=\"http:\/\/blog.schneider-electric.com\/energy-management-energy-efficiency\/2017\/09\/13\/jump-board-digital-train\/\" target=\"bwo\" >http:\/\/blog.schneider-electric.com\/feed\/<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p><strong>Credit to Author: Herv\u00e9 Coureil| Date: Wed, 13 Sep 2017 16:48:48 +0000<\/strong><\/p>\n<p>In his recent Forbes article on companies that are seizing the opportunities of digital transformation, analyst Daniel Newman compared this revolution to \u201ca charging digital bullet train.\u201d This is one&#8230;  <a href=\"http:\/\/blog.schneider-electric.com\/energy-management-energy-efficiency\/2017\/09\/13\/jump-board-digital-train\/\" title=\"ReadJump on board the digital train\">Read more &#187;<\/a><\/p>\n<p>The post <a rel=\"nofollow\" href=\"http:\/\/blog.schneider-electric.com\/energy-management-energy-efficiency\/2017\/09\/13\/jump-board-digital-train\/\">Jump on board the digital train<\/a> appeared first on <a rel=\"nofollow\" href=\"http:\/\/blog.schneider-electric.com\">Schneider Electric Blog<\/a>.<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"colormag_page_container_layout":"default_layout","colormag_page_sidebar_layout":"default_layout","footnotes":""},"categories":[12389,12388],"tags":[14720,11183,14721,12562,12540,12432,12426,6269,10495,11270,12427],"class_list":["post-9270","post","type-post","status-publish","format-standard","hentry","category-scadaics","category-schneider","tag-alvitar","tag-big-data","tag-circuit-breakers","tag-digital-services","tag-digital-transformation","tag-ecostruxure","tag-energy-managementenergy-efficiency","tag-internet-of-things","tag-iot","tag-it-management","tag-sustainability"],"_links":{"self":[{"href":"https:\/\/www.palada.net\/index.php\/wp-json\/wp\/v2\/posts\/9270","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.palada.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.palada.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.palada.net\/index.php\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.palada.net\/index.php\/wp-json\/wp\/v2\/comments?post=9270"}],"version-history":[{"count":0,"href":"https:\/\/www.palada.net\/index.php\/wp-json\/wp\/v2\/posts\/9270\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.palada.net\/index.php\/wp-json\/wp\/v2\/media?parent=9270"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.palada.net\/index.php\/wp-json\/wp\/v2\/categories?post=9270"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.palada.net\/index.php\/wp-json\/wp\/v2\/tags?post=9270"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}