Formula 4.0 for Digital Transformation: A Business-Driven Digital Transformation Framework for Industry 4.0

Enterprises are failing in their digital transformation journey due to a lack of a standard framework. FORMULA 4.0 is a methodology that provides clear guidance for enterprises to transform their traditional operating model to digital, enabling them to create an IT Platform, deliver new products and services, make business decisions with IT, and utilize automation.

\n Format: Paperback / softback
\n Length: 320 pages
\n Publication date: 27 May 2021
\n Publisher: Taylor & Francis Ltd
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A staggering 70% of digital transformations have failed, according to McKinsey. The key reason why enterprises are failing in their digital transformation journey is the lack of a standard framework in the industry that they can use to transform themselves into digital entities. While there are several books that discuss technologies like cloud, artificial intelligence, and data analytics in isolation, none of them provide a comprehensive view on how enterprises can embark on a successful digital transformation journey and leverage a combination of these technologies.

Enterprises can use FORMULA 4.0, a methodology that provides clear guidance for organizations seeking to transform their traditional operating model into a digital one. This framework serves as a ready-made guide for enterprises to plan their digital transformation journey effectively. The book is intended for all chief executives, software managers, and leaders who aim to lead their organizations successfully through this digital transformation process.

To achieve success in digital transformation, an enterprise must create an IT platform that enables seamless integration of new technologies into its existing IT estate. This platform will facilitate faster delivery of new products and services to the market, enabling the organization to stay ahead of the competition. Moreover, IT should be used as an enabler for business decision-making and automation of key business and IT processes.

By achieving these goals, an enterprise can truly become a digital enterprise. FORMULA 4.0 is a methodology that empowers organizations to achieve these objectives and transition into a digital realm. Essentially, there is no existing framework in the market that provides a step digital transformation journey, step-by-step guidance to enterprises. This book enables such transformations.

Overall, FORMULA 4.0 is an enterprise digital transformation framework that empowers organizations to navigate the complexities of the digital landscape and achieve success. It provides a comprehensive roadmap.

\n Weight: 652g\n
Dimension: 176 x 253 x 24 (mm)\n
ISBN-13: 9780367746841\n \n