Per McKinsey, company adoption and strategic importance of digital technologies have grown dramatically. However, most firms achieve less than one-third of the impact they expected from digital investments.
Three factors have emerged as critical to capturing value from digital transformation: (1) use digital tech to achieve strategic differentiation on customer engagement and innovation rather than cost efficiencies; bolder digital strategies are more likely to be successful than incremental ones (2) develop proprietary assets, such as AI, data and software, rather than relying on off-the-shelf tools and (3) focus on attracting/developing tech-savvy executives and better integrating tech talent into the organization rather than just getting new tech talent in the door.
MOSIMTEC can be your guide to digital transformation. We focus on digital twins and advanced computer simulation to help companies plot strategy, change course and improve performance every single day. We guide you through the simulation modeling process to not only make your digital investments count, but help you achieve the strategic differentiation, proprietary asset capability and in-house technology skillset that McKinsey identified to set your business apart.
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