Next week I will be participating in IDC’s Digital Summit in New Delhi, 4-5 August at the Andaz Hotel. The theme of this Summit is “Dominance of Digital Enterprise 1.0”. IDC has been a thought leader in recognizing the digital transformation trend and many are familiar with their Digital Transformation MaturityScape which is a methodology for companies to measure their progress in the digital transformation journey. Others have written and blogged about the Digital Enterprise, but Digital Enterprise 1.0 seems to be IDC’s identification of a special stage in the journey.
IDC say that the conversation has changed from “Is it real?” to “How do we leverage it?” IDC also understands that digital transformation is as much about organization, change management, and new business models as it is about people, process, and technology. Digital Enterprise 1.0 is an enterprise where digital becomes all pervasive in the corporate world.
IDC identifies the following subthemes to the Digital Enterprise 1.0
Continuous Altering of Business models: Dominance through designs that disrupt, “not just affording digital opportunities for customer experiences or value, but altering business fundamental such as “car as a Service”
Managing Exponential Technology Change: “Managing disruption with exponential change requires a different enterprise technology fabric – a fabric which demands enabling agility and architectural elasticity and provide a foundation to successful digital Transformation”.
Measuring Digital Transformation: “It is crucial that enterprises now start measuring business value and Digital Dividend at digital velocity.
These themes fit well with Hitachi’s approach to digital transformation and IoT.
Continuous altering of the business model is enabled by our co-creation approach to innovation. Instead of taking the “build it and they will come” approach, Hitachi has completely revised their research and development organization to a “market –in” approach. I blogged about this is in my post about the transformation of Hitachi Research, where the focus is now about business outcomes rather than the number of patents filed.
Managing exponential technology change is enabled by our Lumada platform. Lumada is an open and adaptable architecture that can apply to a wide range of industries and use cases, where core solutions can be extended or repurposed across multiple verticals or easily tailored to specific situations. Hitachi’s extensive expertise in OT and IT provides a unique understanding of the fundamental requirements to build and deploy IoT architectures at scale. This allows Hitachi to help customers get actionable business insight that translates into real business value, faster.”
Measuring Digital transformation is crucial to success. You cannot improve what you do not measure. Hitachi engagement begins with an economic assessment of where we are in the enterprise and projects out what the expectations should be. Hitachi is willing to share the risk with the customer, providing on demand, pay as you go, or managed services based upon KPIs.
I will be presenting at this conference next week, giving some use cases that illustrate our support of these three sub themes.
If you are in New Delhi next week I hope to see you there