The global business landscape has gone through immense turbulence and uncertainty in the last two years. The pandemic catalyzed companies to accelerate their digital transformation initiatives and adapt to the constantly changing demands with agility. It is evident that only companies that deployed digital transformation initiatives were able to thrive and survive. Today, digital transformation has emerged as the focal point of all business-related conversations and is expediting the ability for physical and organizational boundaries to be broken to engage a real-time workforce, connect teams, and drive collaboration.  

ARC Advisory Group has been tracking the digital transformation initiatives of companies by conducting surveys and analyses for the last 5-7 years. All this information has been collated and the Top 25 global industrial digital transformation leaders, across multiple industries and geographies, have been identified. They share a common thread of leveraging digital technologies to transform business capabilities and outcomes, giving them a competitive advantage during challenging global circumstances. While some shifted their digital transformation efforts during the pandemic, all had some level of preparation prior and have an eye toward the future. For this research, digital transformation has been defined as: “The integration of digital technology into all areas of business, fundamentally changing the way companies operate and deliver value to customers. The organization is typically charged to innovate and improve across multiple dimensions such as digital/disruptive technologies, culture and leadership, operational agility, workforce engagement, customer experience, environmental, social and governance, and competitive performance.”

This is the second in a series of blogs on the leaders in the digital transformation space. 

Intel

Intel’s semiconductor manufacturing process runs 24 hours a day, 7 days a week, 365 days a year. Digitally transforming its manufacturing operations around connectivity and IoT have fundamentally changed the way Intel runs its day-to-day business – from the types of products and services produced to how they are delivered. While automation has been used for several decades inside the factories, real improvement and transformation has come from the deployment of widespread IoT and predictive analytics at scale, which have demonstrably decreased time to market, improved resourced utilizations, increased yields, and reduced costs. 

Intel

Intel focuses on connecting data insights directly with engineers who can focus on solving problems, with an emphasis on designing solutions instead of extracting data. Digital twin and simulations help optimize the factory output. Even though the company focuses on technology, it is an ecosystem play, not just one technology that delivers a full-blown solution. For Intel, it is the combination of the people, the culture and technology all together, that defines its digital transformation. Intel is also committed to corporate responsibility and sustainability throughout their entire business. 

Next Step

ARC will continue its research in all areas related to digital transformation to learn more about what is working – and what isn’t – as companies pursue their unique digital transformation activities. The Industrial Digital Transformation Top 25 report will be published annually. With this being the first issue, your feedback is very important to investigate new approaches and measures to adjust our methodology, identify successful digital transformation initiatives, and help the industry as a whole digitally transform. This report is the fruition of an idea that matured over several years, spurred on by the many experiences with end users, their challenges, and research by ARC team members. To download the final report, please click here