Key Recommendations for Manufacturers for Digital Transformation during COVID-19 Crisis
Published on : Saturday 22-08-2020
Organizations continue to embark on their digital transformational journey with enterprise applications through challenging times. The future is unlikely to be a continuation of the past. The time is ripe for innovation and transformation, rather than a minor reset.
Most business leaders have decided to launch digital transformation initiatives to keep businesses running as smoothly and to better prepare for the recovery phase. Business continuity today seems impossible without the right technology in place.
Even before this pandemic, 70% of companies had a digital transformation in place or were working on one. But COVID-19 is forcing companies to speed up and implement new digital transformation initiatives. Migrating to the cloud helps organizations transform and turn IT expenditure from CAPEX into OPEX to maximize their budget. Moreover, shifting operations to the cloud can cut costs and improve efficiency, data capture, decision-making, and modeling.
Leading manufacturers transform their manufacturing operations with the most comprehensive and advanced set of cloud solutions available today while taking advantage of the highest level of security.
Key Recommendations for Manufacturers:
• Improve Operations: Cloud Comrade makes it easy to build and tailor your data lake through AWS allowing you to securely store, categorize, and analyses all your data in one, centralized repository. Add a wide variety of cost-effective and powerful analytics products to process, analyses, and visualize data. Provide real-time and predictive analytics to improve overall equipment effectiveness (OEE), service levels, product quality, and supply chain efficiency.
• Innovate Faster: AWS allows you to improve your pace of innovation without the need for large capital investments. Running High-Performance Compute (HPC) in the cloud allows designers, scientists, and engineers to solve complex, compute-intensive problems quickly enabling you to reduce time-to-results by scaling to larger numbers of parallel tasks than would be practical in most on-premises environments.
• Lower IT/OT Costs: Focus on improving business operations with innovation, not Information Technology, and Operational Technology infrastructure. AWS pay-as-you-go microservices and serverless computing models reduce the cost of running your connected plant or smart product programs. With minimum upfront investment and nearly unlimited on-demand capacity, you can focus on differentiating your business, not on infrastructure.
• Enhanced Security: Cloud security at AWS is the highest priority. As an AWS customer, you benefit from a data center and network architecture built to meet the requirements of the most security-sensitive organizations. OT infrastructure cyber-attacks have recently risen dramatically. Protect your factory by leveraging S3 and other storage services in the AWS Cloud for a robust disaster recovery plan.
Leaders must recognize that digital technology will shape the form of the company’s future. At the same time, the company’s future will shape the form of the digital transformation.
New technologies have redefined the energy ecosystem, democratizing access and allowing participants to move away from costly, complicated, and time-consuming procurement processes toward Software as a Service (SaaS) offerings.