Radwell International’s Blog

No matter what industry or nature of a company’s operation, they will always face challenges. From global pandemics to economy collapses, it takes a combination of creativity and resilience to address them successfully. Large scale change initiatives such as digital transformation, have become particularly important to overcome in these past few years. Below are a handful of the barriers/challenges companies and organizations are likely to face:

It’s human nature for us to be reluctant to any type of change. However, in the world of Manufacturing, it is becoming imperative that we do so. Below are some of the many reasons why companies in the Manufacturing Industry should adopt Digital Transformation tools and resources.

There are many lessons for manufacturers to embrace in today’s data driven climate. One of the most important lessons is that evolution into a more digitalized world is the key to long term agility in manufacturing. The impact for digital transformation isn’t just about increasing efficiency though. It’s also about increasing speed because things are constantly changing and targets are constantly moving. Digital transformation creates long term sustainability and resilience. In an ever-changing world, this is the key to creating long term success for an operation.

Engineers play a critical role in integrating legacy systems into the digital landscape of today’s businesses. The new-age enterprises thrive on technologies such as artificial intelligence (AI) and machine learning (ML), Big Data and analytics, and robotic process automation (RPA). To optimize these technologies, organizations need to either overhaul their operations completely or make use of the existing setup and intelligently transform them as per the business needs. This makes strategizing a very important gamut of the digital transformation exercise.

A complete overhaul is not only cost-intensive but also risks compromising business continuity. As a result, organizations generally opt for the latter option and gradually transition legacy systems while keeping a close look at the lifecycle.

Global markets are slowing economic growth, a challenge for automation industries in every region, and trade frictions and an unstable geopolitical environment are also affecting industries in some important areas. Where can automation enterprises find opportunities amid challenges?

At the end of October 2019, ARC Advisory Group released a list of the top 50 global and North American automation companies of 2018. At the same time, analysts pointed out that with slower growth in some global markets, automation companies still have opportunities to grow against the trend.