1、Intelligence,meet experience:Convergence of physical and digital realities,-at scale1Navigating the new industrial digital landscape.A pragmatic perspective for CXOs and digital transformation practitioners.Intelligence,meet experience:Convergence of physical and digital realities,-at scale2Foreword
2、The Challenges Industrial companies are increasingly under immense pressure,from external economic and geo-political stresses,as well as significant internal financial and operational challenges.If businesses are to manage these pressures,they need to improve their operational efficiency.They must r
3、educe product development time,accelerate innovation integration cycles,and optimize production costs,while maintaining quality and enhancing supply chain resilience.Moreover,they also need to achieve a step-change in sustainable transformation over the next 5-10 years,by focusing on sustainable pro
4、duct design,carbon neutrality,and circularity principles.Finally,in the context of a global talent war,they must rethink their employee experience,modernize their operations and improve recruitment attractiveness,particularly for the younger generation.The Solution To address these imperatives,a key
5、 path is to accelerate,converge and scale-up ongoing digital transformation streams,such as data and AI-driven strategy,digital continuity,IIoT(the Industrial Internet of Things)or software centricity,while also leveraging cutting-edge technologies.This will achieve the needed transformation,with ef
6、ficiency,seamless integration and accuracy benefits.Key to this achievement is the Industrial Metaverse,which is both an approach and a technology convergence platform,with a unique ability to converge physical and digital,and significantly,do so at scale.The benefits are comprehensive:Greater Opera