Digital Thread: An Approach to Value Realization
Is your digital transformation journey becoming an ‘infinity project’? And as a result, are competitors gaining market share at your expense?
If your answer to any (or both) of these questions is ‘Yes,’ or if you are looking for ways to streamline your digital journey, a digital thread is your answer.
A digital thread constitutes an end-to-end, digital data-driven value chain linking diverse information streams across people, processes, or product lifecycles. It empowers organizations to anticipate, implement, and leverage effective bi-directional communication for allowing real-time access to the most current data, helping drive a quicker response to new, emerging opportunities.
Intelligent data to the right stakeholders at the right time creates new avenues for accelerating innovation, improving quality, driving incremental productivity, and mitigating risks.
However, identifying the starting point of a digital thread implementation can often prove to be a challenge for most businesses.
Download and read our paper on “Digital Thread: An Approach to Value Realization” to find out more.