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Digital Transformation for Innovation (guest post)

How can manufacturers improve their product innovation processes to outperform their competition? Jim Brown shares his perspective on digital transformation for innovation and invites manufacturers to take a free digital innovation assessment in his guest post on the Siemens Thought Leadership Blog.

Jim Brown - March 27, 2020

Digital Transformation for Innovation
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Digital Transformation for InnovationHow can manufacturers improve their product innovation processes to outperform their competition? Jim Brown shares his perspective on digital transformation for innovation and invites manufacturers to take a free digital innovation assessment in his guest post on the Siemens Thought Leadership Blog.

Top Innovators have Digitally Transformed Innovation

Product innovation requires inspiration and a conducive culture to flourish. It is also heavily reliant on effective product design, development, and engineering practices. Turning an idea into a profitable product takes a coordinated effort supported by the right processes and tools. Our research shows that top innovators – those companies that outperform their competitors in revenue growth, profit margin expansion, and product portfolio freshness – have digitalized their product innovation process.  These companies have embraced digitalization across four pillars:

  • Digital Twin
  • Digital Thread
  • Digital Manufacturing
  • Digital Innovation Platform

Read More

Please click the synopsis below to read the full guest post on digital transformation for innovation including:

  • The four pillars of digital innovation
  • How to understand your digital innovation maturity
  • How to benchmark your maturity and get customized recommendations
  • An invitation to take the assessment to benchmark your company
  • Next steps

Ready to take the assessment? You can reach the Digital Innovation Maturity Assessment directly here. Or, read more about the assessment tool here.

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Filed Under: Insights & Activity, In the News Tagged With: Benchmark, Recommendations, Digital Twin, Digital Thread, Digital Transformation, Digital Innovation, Product Innovation, Framework

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