Chapter 10: Measuring the Value of Transformation
In the previous chapter, we learned about the pitfalls of industrial digital transformation. We looked at the leading indicators of failure of transformation. We compared some large industrial companies to deep dive into the success and failure of digital transformations.
In this chapter, we will learn about developing the business case for investment in industrial digital transformations. We will also discuss how to evaluate investment outcomes. This chapter will cover the following:
- Developing the business case for transformation
- Productivity and efficiency gains
- New digital revenues
- Social good