How Industrial Machinery Makers Are Capturing the Digital Opportunity
New digital technologies are changing the way businesses operate in nearly every industry. However, few industries will be transformed as thoroughly as industrial machinery, where digital technologies are not merely changing the way products are sold, but how companies operate. This Bain Brief clearly explains what industrial machinery makers must look out for and transform themselves. Please read the PDF of the Brief here and get a glimpse of [...]
All About Sensors: fundamental operating principles
“Sensors” have now become crucial to improve productivity. There is a wide variety of sensors, each has its strengths and weaknesses. This document is designed to serve as a textbook to learn the basics of sensors/measuring instruments based on “detection principles.” A very simple and easy to understand document by Keyence Corporation on Sensors
An incumbent’s guide to digital disruption
Incumbents needn’t be victims of disruption if they recognize the crucial thresholds in their life cycle, and act in time. What’s the secret of those incumbents that do survive—and sometimes even thrive?This article looks at the four stages of disruption from an incumbent’s perspective, the barriers to overcome, and the choices and responses needed at each stage. McKinsey Insights have this must-read Article to take on the challenge of digital [...]
The economic essentials of digital strategy
Digital disruption can be a frightening game, especially when some of the players are as yet out of view. By subjecting the sources of disruption to systematic analysis solidly based on the fundamentals of supply and demand, executives can better understand the threats they confront in the digital space—and search more proactively for their own opportunities and plan a robust digital strategy. McKinsey clearly explains digital disruption, a must-read Article
Curiosity didn’t kill the Cat!
Imagine yourself in 10,000 BC on a hunt… Naturally, the prey doesn’t present itself to you on a platter. Usually, it’s hiding in plain sight, camouflaged you might say. You observe your surroundings and you “sense” something…something different; your curiosity is triggered. Your mind analyses the situation and concludes that it could be a prey. You think fast and come up with numerous strategies on how to capture the prey. [...]