News


Digital transformation is critical to business strategy

June 2023 News

Schneider Electric and technology market research firm, Omdia have found that while digital transformation is critical to business strategy, many industrial process organisations are still not ready. The finding was part of a study conducted by the two companies to better understand the pain points and specific challenges faced by companies in the process industry when embarking on their digital journeys.

Over three quarters (78%) of respondents to the survey, which focused on the efficacy of distributed control systems (DCS), stated they are actively deploying digital transformation initiatives at one or more facility. However, just over half (55%) are only ‘somewhat equipped’ to effectively carry out these activities. This deficit poses a huge challenge, as almost all organisations (94%) expect that digital transformation will have a significant impact on their operations over the next two to three years.

Building successful digital journeys

The research surveyed hundreds of buyers and end users across North America, Europe, the Middle East and the Asia-Pacific region in six industries: water, chemicals, oil and gas, refining, pulp and paper, and power generation.

A full 88% of respondents said their control vendor’s expertise to support DCS upgrades or modernisation was excellent. Yet despite this confidence in vendor support, customers identified three top qualities they are looking for in control vendors to improve their DCS:

• Better system performance and functionality.

• Greater system integration capabilities.

• Proven return on investment.

Implementing advanced DCS solutions such as Schneider Electric’s EcoStruxure Foxboro DCS process automation system, is high on the agendas of many organisations. EcoStruxure Foxboro DCS supports industrial processes and plants to consistently deliver safe and measurable operation and profitability improvements, enabling 100% return on investment in less than a year.

Blurring the line between IT and OT

The study also found that more collaboration between information technology (IT) and operational technology (OT) is needed for successful digital transformation. The convergence between IT and OT is happening in organisations, but with mixed levels of behavioural alignment and shared prioritisation.

The research showed that OT and IT departments collaborate most in addressing enterprise IT issues and collaborate least on network security strategy and oversight. Meanwhile, the top three areas with the most influence over defining control system digital transformation specifications are IT, corporate, and production/manufacturing.

Ensuring an open ecosystem and scalability for success

According to the report, open automation and interoperable architectures associated with distributed control systems are considered ‘relatively important’ when implementing new technologies or working with new vendors. This supports solutions like EcoStruxure Automation Expert which demonstrate clear efficiencies in open industrial environments designed for engineering automation.

Improved scalability − a key value of an interoperable architecture − ranked third among the most important influences towards implementing control system digital technologies. Open ecosystems ranked as ‘very important’ to 88% of respondents when selecting control system vendors.

SVP and president, Nathalie Marcotte said: “For industrial companies worldwide, it is business critical to put the right tools in place to effectively implement digital transformation and stay effective and resilient. This research has highlighted the readiness issues many companies are facing. Ensuring that vendors have the right expertise and are using open and scalable ecosystems is critical to customer readiness and can enable OT and IT collaboration.”

“With EcoStruxure Foxboro DCS, which features built-in flexibility and scalability, organisations can harness future-proofed technology that preserves investments, and measures and controls every point of the process consistent with their overall business objectives,” emphasises DCS leader, Michael Martinez, “Only with these capabilities will buyers and end users enjoy the foundation for an effective digital transformation.”


Credit(s)



Share this article:
Share via emailShare via LinkedInPrint this page

Further reading:

BMG’s machine tools on show at Machine Tools Africa
Bearing Man Group t/a BMG News
BMG will be participating at the Machine Tools Africa exhibition. Its stand will showcase the company’s comprehensive range of quality branded tools and equipment, which has been carefully selected by specialists, to meet the exact requirements of customers in diverse sectors.

Read more...
Enlit Africa reimagines energy security in Africa
News
The prestigious Enlit Africa 2024 exhibition has the goal of addressing the very real energy security concerns felt by companies across Africa.

Read more...
From the editor's desk: The digital deluge
Technews Publishing (SA Instrumentation & Control) News
One of the issues arising out of our newfound ability to generate our own electricity is the ability to store it. BESS systems are the order of the day, and we regularly run stories on this new development. ...

Read more...
Turck Banner welcomes Ivan De Waal as new managing director
Turck Banner Southern Africa News
Turck Banner Southern Africa is pleased to announce the appointment of Ivan De Waal as its new managing director.

Read more...
University of Pretoria unveils immersive technology laboratory
News
The University of Pretoria’s faculty of Engineering, Built Environment and Information Technology is proud to announce the launch of its new Immersive Technology Lab at the Department of Information Science. This cutting-edge facility marks a significant milestone in the university’s journey towards integrating advanced immersive technologies into its curriculum and research initiatives.

Read more...
IS3 X-Change 2024 conference
News
X-Change is an annual gathering of tech enthusiasts, industry leaders and visionaries pushing the boundaries of innovation. Join IS3 for an immersive experience that celebrates the latest in technology and fosters networking opportunities, and discover how your organisation can benefit from AVEVA software and the IS3 industry solution partner ecosystem.

Read more...
Exploring the role of AI in recruitment
News
In an era defined by rapid technological advancements, the integration of AI is proving to be transformative across various industries. Thankfully, and in contradiction to what many people believe, AI enhances many functions, rather than replacing real people.

Read more...
Celebrating three decades of innovation in Africa's premier industrial software conference
News
With a rich 29-year history, the X-Change User Conference stands as Africa's largest and most prestigious annual gathering dedicated to industrial software and related technology. Hosted by Industry Software Solutions & Support (IS3), this year, X-Change 2024 promises to be even more impactful as it celebrates three decades of innovation and collaboration.

Read more...
4Sight OT Automation achieves prestigious AVEVA Endorsed Partner status
News
4Sight OT Automation, a leading industrial software solutions provider, has achieved Endorsed Partner status within the AVEVA Partner Network.

Read more...
Schneider Electric announces 2023 Global Alliance Partner Programme award winners
Schneider Electric South Africa News
Schneider Electric has announced the winners of the 2023 Global Alliance Excellence Awards. Throughout 2023, Schneider Electric’s Alliance Partners supported customers in the digitalisation of industrial automation, delivering value with innovative initiatives, solutions and services.

Read more...