What does the fourth industrial revolution mean for companies? Customers, businesses and technologies are changing. Business models are changing from enterprise-centric to network-centric. Products are becoming services, and connected world is a reality now. At the Focus Business Series (FBS) session at CIO100 2017, Bino George, business head of solution consulting at Infor spoke about how companies can outpace digital disruption to unlock different growth opportunities.
“With volumes of data coming in, you can’t manage it on-prem,” said George. He pointed out that Infor’s vision is to provide a network-enabled supply chain that eases the woes of manufacturing companies.
“Every company is on a journey of digital transformation; however, no two transformations are alike.”
Head, Solution Consulting, Infor
Infor has industry specific ERPs, with the same product also available on the cloud. “How do you make the data that’s lying in different applications work for you?” Infor’s vision of digital transformation is to chart a path that covers business network, customer experience, digital workforce, smart equipment and servitization, remarked George.
Even though every company is on a journey of digital transformation, no two transformations are alike, he pointed out. In a world where everything is getting connected, companies, especially manufacturing companies can’t afford to stick with traditional IT if they want to survive the digital age.