Major challenges in industrial companies

The process of digital transformation involves implementing new and emerging technologies in different aspects of a business. Any process that involves change is not easy. There are different challenges faced by industrial companies when going through the process of adopting digital transformation technologies. Some of the major challenges faced are described in the following sections.

Lack of expertise

Digital transformation is not achieved just by choosing the best technical option. As discussed in Chapter 2, Transforming the Culture in an Organization, the right digital talent is critical to lead and execute a successful industrial digital transformation. Digital transformational change requires expertise in both technology and change management. Some organizations that seek transformations choose to bring in many outside consultants who generally tend to apply generic solutions as best practices. A company's internal staff...