Information Systems in Digital Industrial Enterprises

Industry leaders, together with their horizontal value chain partners, digitise the core functions of their internal (vertical) operational processes. They are strengthening their product portfolio with digital functionalities and introducing innovative data services. More than 2,000 companies expect a significant increase in the overall level of digitisation. Although only 33% of them rate their company’s current state in this area as advanced, by 2020, this percentage is expected to rise to more than 70%. At the end of this transformation process, successful industrial companies will become true digital enterprises, which will have at their core physical products augmented by digital interfaces and innovative services based on the active use of data. These digital enterprises will work together with their customers as well as suppliers in industrial digital ecosystems. These developments will not only fundamentally change individual companies, but also transforms market dynamics across a range of industries. And this is true in countries all over the world - as both developed and emerging markets. In order to generate additional revenue, the companies will bring new industrial products to the market equipped with digital features and expand their existing portfolio. Digital-based services based on data analytics as well as complete digital solutions serving customers, will be the main will be the main drivers of revenue growth. The biggest challenge for industrial for industry leaders is not technology, but people. While digital technologies are fast becoming a commodity, the success largely depends on the digital IQ of an organization, especially on how its executives (CEO, CTO, or CIO) can drive this transformation can define, communicate and manage it. To develop digital processes and services is necessary sufficient qualification of key staff. The introduction of each significant change in the enterprise is is accompanied by a challenging transition period, so that the ability to manage and to manage such change will have critical. It will be important also increasing skills in data analytics and improving the organisational structure