Digital transformation continues to be important as companies of all sizes modernize their operations. For large organizations, “becoming digital” is a complex effort that involves technology and business process changes together with adopting new mindsets, business models, and corporate cultures.
Given all these components, we can hardly overstate the complexity of genuine digital transformation.
Infrastructure and energy giant, ABB, is currently undertaking a large-scale program of digital transformation. With $36 billion in revenue and 135,000 employees, the company is driving change across its large portfolio of operations. The firm traces its founding back to 1883.
ABB describes its offering within two value propositions: “bringing electricity from power plant to plug” and “automating industries from natural resources to finished products.” These broad points cover the extensive scope of the company’s operations.
The conversation covered digital transformation, the Chief Digital Officer role, IoT, and the Industrial Internet of Things.
This interview between industry analyst Michael Krigsman ABB’s Chief Digital Officer, Guido Jouret, was part of episode 312 of the CXOTalk series of conversations with the world’s top business and technology innovators.
You can watch the entire conversation and read the full transcript here: https://www.cxotalk.com/episode/industrial-internet-things-digital-transformation