Blog / Five Benefits of Industrial Digital Transformation
As subscribers to our newsletter already know (and you can sign up below if you haven’t yet), we’re dedicating this month’s articles to exploring digital transformation and its benefits for organizations of all kinds. Now, when we hear “digital transformation,” most of us think of servers and digitalizing documents and upgrading offices, and all that’s true. What we don’t think of are refineries, paper mills, and concrete quarries. And yet, contrary to these commonly held beliefs, industrial facilities can now be among the best candidates for the process. That’s because many of the advanced technologies required, once so expensive they were the sole dominion of large players, have come down in price enough to be within reach of even small organizations. That means it’s time to take a look at just some of the benefits industrial digital transformation can provide.
- Reduced costs
- Improved productivity
- Enhanced responsiveness
- Empowered employees
- Innovative solutions
Reduced Costs
We’ll start off with perhaps the most important, and that’s how an industrial digital transformation can help cut costs. As technology is increasingly integrated into existing processes, new efficiencies are created and unknown inefficiencies discovered. Optimizing processes leads to less waste and ultimately reduced labour costs. Additionally, many of the industrial smart devices required for a true transformation provide significantly more accurate and actionable data than their analog counterparts. This results in substantially more accurate estimates for projects and keeping them on or under budget.
Improved Productivity
Industrial digital transformations don’t just help trim costs. They’re also excellent for improving productivity. Imagine factories and manufacturing processes being remotely monitored by smart sensors and powered by AI-driven decision making. Your production line could continue theoretically indefinitely, only brought to a halt by maintenance issues. In theory, your production line could operate continuously, only brought to a halt by maintenance issues. And in a truly modern factory, even most maintenance issues can be automatically corrected. In the event they can’t be, alerts are triggered, often containing substantial data to help contextualize the problem and improve response decision making and repair times.
Enhanced Responsiveness
Digitally-enhanced industrial facilities aren’t just more productive and efficient; they can usually respond to changing conditions faster and more precisely than their analog counterparts. Manufacturing can be ramped up or down depending on precision metrics from analyzing data and demand cycles. Moreover, many industrial transformations enable customized production patterns. Being able to easily adapt production runs to individual client requirements is easily one of the most important advantages of operating a smart factory.
Empowered Employees
Arming your employees with real-time data doesn’t just help them make better decisions, it also improves employee satisfaction. Having the right tools and latest information at their disposal means they can easily collaborate and access everything they need to work more effectively as well as efficiently. With the sheer amount of actually valuable data that a smart factory can provide, employees from every aspect of your business can make informed, strategic decisions, from product design to the assembly line to the marketing office.
Innovative Solutions
Finally, the additional business opportunities digital transformation enables are another important reason for industrialists to consider upgrading their facilities. Oftentimes the additional data and ability to identify and respond to trends in real time means businesses can use previously unavailable or unknown information to explore new business opportunities or prepare for disruptions to the market.
These are of course just a few of the benefits industrial players can earn from investing in a properly implemented industrial digital transformation. Forward-thinking industrialists can look forward to producing higher-quality products, better client satisfaction, and attracting technologically-literate talent (a boon in a time of labour shortages) by pursuing a digital transformation.
If you’d like more information about a digital transformation for your industrial facility, contact a TRINUS account manager today. We’ll be happy to consult with you about the best options for your factory, the implementation process, and even training options for your staff. And if you’re not yet ready, come back soon to learn about some in-depth use cases and how to prepare for one of your own.
Sincerely,
The TRINUS Team
trinustech.com
