Companies need a digitalization roadmap to be competitive globally


There is an essential need for Industry 4.0 technologies to allow greater global competitiveness for every company via a digitalization journey with accompanying enhancements. Technology is moving quickly and constantly, affecting design and manufacturing automation, product design, manufacturing simulations, model-based design/engineering, IoT and more to replace outdated technologies. Therefore, investing wisely is crucial to determining a future focus, using the right strategy and digitalization roadmap.

Learn more in the Digitalization Roadmap Fact Sheet.

Siemens XceleratorTM is a comprehensive and integrated portfolio that provides a digitalization roadmap workshop that assists customers in developing a valuable executable multi-phase digitalization strategy that allows business transformation separate from market disruptions. The roadmap includes a one-day rapid-moving workshop that investigates the digitalization landscape to determine critical value areas and maturity levels that focus on a comprehensive value solution and a broad range of improvement options.

So, these improvements include:
Value and solution prioritization – A lead consultant develops an iterative digitalization transformation roadmap using Siemens’ Solutionlink application.

Solution review – A workshop solution review assists customers in understanding Siemens’ best practice solutions. Consultants also explain solutions for best practice business processes, participants, and roles. In addition, it will include discussing crucial capabilities for each solution from a process/scenario viewpoint.

Solution-specific benchmark – Assists customers from a process and technology perspective relative to others in the industry segment to make wise decisions about the timing for solution deployment initiatives and the comprehensive roadmap.

Return-on-investment – A return-on-investment (ROI) analysis using key performance indicators (KPIs) to determine a benefit aligned with a solution rollout schedule offset by project costs to achieve a cash flow and ROI summary. This analysis includes payback, internal rate of return (IRR) and net present value (NPV) calculations.

Download the fact sheet.

Xcelerator, the comprehensive and integrated portfolio of software and services from Siemens Digital Industries Software, helps companies of all sizes create and leverage a comprehensive digital twin that provides organizations with new insights, opportunities and levels of automation to drive innovation.

For more information on Siemens Digital Industries Software products and services, visit siemens.com/software or follow us on LinkedInTwitterFacebook and Instagram. Siemens Digital Industries Software – where today meets tomorrow.

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This article first appeared on the Siemens Digital Industries Software blog at https://blogs.sw.siemens.com/thought-leadership/2022/07/12/digitalization-roadmap/