Digital transition is a risk for a sleeping company, but it is an incredible opportunity for an agile one—it opens up opportunities to reinvent the business and thus create new value.
Evolution is taking place much more rapidly today, in part because the capital expenditure associated with digital innovation is much less than what was needed for designing appliances.
Digital technology is quite different from most of the earlier technologies that contributed to the grand catalog. As such, it is taking by surprise many industrial players. Let’s examine the aspects of digital technology that are changing so dramatically the innovation process.
The history of the equipment manufacturer Hutchinson demonstrates the importance of innovation. Its CEO, Jacques Maigné, shares his vision of current and future major issues in this industrial sector.
Within the Thales Group, digital transformation is only one aspect of the innovation strategy. To understand this strategy, we went to meet Marko Erman, Research & Technology Director.