Digitalization and with-it digital transformation have become vital for organizations to adapt, survive, and thrive. New technologies and enhancing customer experience are key drivers for companies investing in digital transformation. At the same time, it will create new business models and revenue streams.
The mass adoption of smart devices has sparked a new wave of remote work. This type of working arrangement is estimated to inject $441 billion into the global economy every year. However, remote working looks different depending on the industry.
In the past year, we have also developed a term connected worker, an employee, who carries out different tasks remotely using digital technologies. Every connected worker plays a crucial role in achieving digital transformation, using real-time data and real-time benefits.
When workers are connected to assets in real-time, they can make better, more informed decisions and becoming a more efficient workforce overall. As a result, industries could unlock a wealth of benefits, such as:
- Reducing human error,
- Increasing productivity,
- Reducing dangerous incidents,
- Saving time and money,
- Monitoring assets 24/7.