A Road Map for IT/OT Convergence and Data-Driven Decision Making | SPONSORED
Today, survival of the fittest is linked not to size or strength but to the ability to change — to move quickly, adapt, seize opportunities, and be agile. In addition, competition has never been higher in manufacturing, and with more companies competing for the same customer base, differentiation is a challenge. The ability to innovate will be a key component that sets companies apart from their competitors. Companies need to foster innovation, especially on the plant floor.
The deployment and the increasingly complex usage of digitized operational systems in a variety of operation-centric industries will continue to intensify through 2020. IDC estimates that 75% of new critical operational assets are embedding connectivity on devices. This is happening mostly in sectors such as manufacturing, energy, oil and gas, mining, transportation healthcare, and utilities. The digitization of assets is improving effectiveness, increasing operational efficiency, increasing productivity, and enabling a new level of operational agility. But where digitized assets have the greatest potential is to substantially transform how businesses can innovate.
Information technology/operational technology (IT/OT) convergence is a rising priority for all manufacturers, but many companies approach it in an inefficient manner. It’s not IT versus OT or vice versa; the goal is to respect and understand the value of each group and work together to enable DX for the company as a whole. Success in the digital age will hinge upon data utilization — the most forward-thinking manufacturers work on becoming data driven in their decision making.
This is an excerpt from a paper that was adapted for Hitachi Vantara from existing IDC research published IDC’s website. It was written by: Reid Paquin, Research Director, Manufacturing IT Priorities and Strategies, and Jonathan Lang, Research Manager, Worldwide IT/OT Convergence Strategies.
Sponsored by Hitachi Vantara
DOWNLOAD this paper to find out more about:
- IDC’s top 10 predictions for IT/OT convergence
- Three Strategic Horizons for IT/OT Convergence