Epicor | Digital Transformation | Executive Summary
Executive Summary
As the world around us becomes increasingly digital, it is imperative that manufacturers
follow suit. Digital transformation presents significant opportunities to achieve growth
by addressing key operational issues and aligning products and services to the demands
of today’s market.
Growth looks different for every company, and with the vast array of digital technologies available, it can be hard to know where to start.
Which technologies offer the biggest opportunity for your company to grow? How can you successfully embrace the digital revolution?
This eBook will help you:
nderstand what growth looks like for
U
your business
ssess the capabilities needed to support
A
your digital transformation journey
ighlight some best practices to
H
implement your digital transformation
strategy, and
apitalise on growth opportunities with
C
speed and conviction.
3
4
Epicor | Digital Transformation | Get Set for Growth
How Digital
Transformation
Gets Manufacturers
Set for Growth
Digital transformation is sweeping through
the manufacturing sector as businesses move
to capitalise on the Internet of Things (IoT),
advanced analytics, cloud technologies,
artificial intelligence (AI), and more. Leading
manufacturers see these new technologies as
game-changers—enabling them to redefine
business models, revolutionise internal
operations, and improve customer experience.
For decades, manufacturers have opted to cut costs in order to achieve
growth, but today’s leaders realise that digital technologies can play a vital
role in their success. When effectively integrated throughout every part
of a business’ operations, digital transformation positions companies for
sustained growth by connecting their extended ecosystem of partners,
suppliers, and customers. In other words, technology helps your business
“get set for growth.”
Understanding digital transformation
Digital transformation does not exist in its own discrete context. It is a
response to burgeoning issues within a global economy that is faster, more
connected, and aggressively competitive. It is not an end destination or state
of being, but a combination of applied digital technologies and processes
that accelerate your business toward its strategic objectives and push it
further along the Industry 4.0 track.
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