MANUFACTURERS seeking to leverage new digital technologies to transform their businesses can turn to a new online tool to self-assess their operations and identify opportunities that deliver the highest potential return on investment.
According to global technology and software company Emerson, its newly launched Digital Maturity Quick Index builds upon several well-established maturity models and the company’s experience consulting and partnering with clients on their digital transformation programs.
Nathan Pettus, President of the company’s Operational Certainty Solutions business, said the index is an interactive diagnostic tool designed to help companies benchmark their competitiveness against industry peers. In addition, he said, the tool will uncover their biggest potential areas for improvement and technology investments by analysing the largest costs and key performance initiatives.
The tool scores operational maturity across key domains including reliability, energy and environmental sustainability, production, safety, security, systems and data, and organizational effectiveness.
“The companies with the most success tackling their challenges and seeing measurable performance improvements implement a thorough assessment to get an accurate picture of their digital readiness,” said Pettus.
“Our new Digital Maturity Quick Index is a tool to help customers in their journey to execute a digital transformation roadmap that addresses specific challenges, is adaptable to dynamic market demands and provides the greatest return on investment.”
The tool operates using Emerson’s Digital Transformation Roadmap at its core with input supplemented from the industry recognized BioPhorum Digital Plant Maturity Model and the Smart Industry Readiness Index. It combines specific company financials and business objectives, allowing organisations to compare themselves against others in their industries and have a clear picture of where their digital transformation programs can have the greatest impact.
From there, Emerson’s 100+ professional services consultants offer extensive domain expertise, experience and tools to help customers review their digital transformation objectives and develop and implement a multiyear roadmap.
Over the coming months, the company will continue to enhance the index with a focus on sustainability, analytics and data management assessments, Pettus said.