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Informative Article | Business Management | India | Volume 12 Issue 8, August 2023 | Popularity: 7 / 10
Digital Modernization by Upgrading Industrial Machinery, Business Processes and Services
Rayasam Venkata Lakshmi Manohar
Abstract: The article aims to explore to provide an informative overview of the topic for Digital Modernizationfor the companies which are facing challenges with outdated technology systems and processes or struggling to keep up with changing customer expectations, digital modernization may be a good starting point. Such an approach would help keep the technical infrastructure in the green, leading to process improvements, efficiency gains, and reduced operational cost savings. Provides high level overview of benefits of upgrading Industrial Machinery, Business Process and Services as part of Digital Modernization and how it can positively impact business performance as seen by Rayasam Venkata Lakshimi Manohar as an individual, his thoughts and opinions are his and not necessarily those of his employer. With the recent ever evolving trends in technology for industrial landscape, the scope for the companies to invest in the future of their operations and witness the business performance has increased. The upgraded Machinery and business processes are equipped with advanced technology to predict the performance and automated features, allowing for smoother and more efficient ways. Modernized industrial machinery and digitalizing the business processes and services can attract more clients, boost customer loyalty and helps the top management in positioning the business as a global leader in industrial segment. It is suggested that companies look to the DIRECT project leadership framework that helps in leading projects on digital modernization based on competitive edge, performance and safety smooth transition. In today?s world where the innovation drives the success, staying up to date with modernized industry machinery, business process and services is essential for business looking to thrive in the ever-expanding market. This does not delve into specific technical details or case studies. It serves as a starting point for readers interested in exploring the benefits of Digital Modernization by modernizing Industrial Machinery, Business Process and Services.
Keywords: Industrial Machinery Upgrade, Business Performance Boost, Benefits of Upgrading, Enhancing Industrial Efficiency, Strategic Investment, Maximising Efficiency
Edition: Volume 12 Issue 8, August 2023
Pages: 1094 - 1099
DOI: https://www.doi.org/10.21275/SR23810171929
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