Formula 4.0 for Digital Transformation: A Business-Driven Digital Transformation Framework for Industry 4.0

Author:   Venkatesh Upadrista
Publisher:   Taylor & Francis Ltd
ISBN:  

9780367746841


Pages:   320
Publication Date:   27 May 2021
Format:   Paperback
Availability:   In Print   Availability explained
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Formula 4.0 for Digital Transformation: A Business-Driven Digital Transformation Framework for Industry 4.0


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Overview

A staggering 70% of digital transformations have failed as per McKinsey. The key reason why enterprises are failing in their digital transformation journey is because there is no standard framework existing in the industry that enterprises can use to transform themselves to digital. There are several books that speak about technologies such as Cloud, Artificial Intelligence and Data Analytics in silos, but none of these provides a holistic view on how enterprises can embark on a digital transformation journey and be successful using a combination of these technologies. FORMULA 4.0 is a methodology that provides clear guidance for enterprises aspiring to transform their traditional operating model to digital. Enterprises can use this framework as a readymade guide and plan their digital transformation journey. This book is intended for all chief executives, software managers, and leaders who intend to successfully lead this digital transformation journey. An enterprise can achieve success in digital transformation only of it can create an IT Platform that will enable them to adopt any new technology seamlessly into existing IT estate; deliver new products and services to the market in shorter durations; make business decisions with IT as an enabler and utilize automation in all its major business and IT processes. Achieving these goals is what defines a digital enterprise -- Formula 4.0 is a methodology for enterprises to achieve these goals and become digital. Essentially, there is no existing framework in the market that provides a step-by-step guide to enterprises on how to embark on their successful digital transformation journey. This book enables such transformations. Overall, the Formula 4.0 is an enterprise digital transformation framework that enables organizations to become truly digital.

Full Product Details

Author:   Venkatesh Upadrista
Publisher:   Taylor & Francis Ltd
Imprint:   CRC Press
Weight:   0.453kg
ISBN:  

9780367746841


ISBN 10:   0367746840
Pages:   320
Publication Date:   27 May 2021
Audience:   Professional and scholarly ,  Professional & Vocational
Format:   Paperback
Publisher's Status:   Active
Availability:   In Print   Availability explained
This item will be ordered in for you from one of our suppliers. Upon receipt, we will promptly dispatch it out to you. For in store availability, please contact us.

Table of Contents

Foreword by Erik Verrijssen. Foreword by Simon Hollins. Foreword by Satyanarayana Murthy. Foreword by Raahil Burhaani. Foreword by Julia Sattel. Acknowledgments. About the Author. Introduction. Section I INTRODUCTION TO FORMULA 4.0. 1 A Generic Industry Perspective on Digital Transformation. 2 Business-Driven Digital Transformation Framework: Formula 4.0. Section II IDENTIFYING BUSINESS PROCESSES FOR DIGITAL TRANSFORMATION USING SYSTEMS THINKING AND DESIGN THINKING. 3 Business Strategy for Digital Transformation. 4 Business Transformation Model and Intelligent Business Transformation Model. Section III FOUNDATION PLATFORM. 5 Creating a Foundation Platform with Digital Triplets (Atomic Architecture, Cloud Infrastructure, and Application Programming Interface). 6 Cloud Infrastructure. 7 SAP Cloud Migration. 8 Application Programming Interface (API). Section IV PEOPLE, PROCESSES, AND TOOLS. 9 Product Organization. 10 Human Resource Management. 11 Importance of DevSecOps in a Product-Based Organization. Section V DATA ANALYTICS, AUTOMATION, IT-OT INTEGRATION, AND ENTERPRISE GOVERNANCE. 12 Big Data and Analytics. 13 Automation with RPA and AI-ML. 14 IT-OT Integration. 15 Enterprise Governance. Section VI BRINGING THE PIECES TOGETHER. 16 The Formula 4.0 Methodology: Bringing All Capabilities Together for Digital Transformation. Index.

Reviews

Many books have been written about Digital Transformation, but so far nobody has been able to define a real good pragmatic framework for success, until this book is released. In my experience as CIO of large corporations, I can only testify that we need to a holistic framework for digital transformation; we need a clear guide, cookbook for success. This book is a big step forward to such guide. It contains true pragmatic approaches that can be applied very widely. To those who are trying to crack the digital transformation nut, FORMUL 4.0 framework as defined in this book is recipe to sure shot success and is worth your reading time! -- Erik Verrijssen, Chief Information Officer, Sanofi Over the last several years as the Chief Information Officer for Essar Oil UK and some of the other industries, I have come across many enterprises and individuals who spoke about digital transformation - most of the time it was about technology and less about business drivers. Business demand drives digital transformation and not vice versa - this is the most important point which every industry expert need to understand when they bring digital transformation agenda to their customers. Mr. Upadrista has been spot-on to this concept in the book which he named as Formula 4.0 for Digital Transformation . If you are looking for a capability with the breadth and depth of business and technology to make your enterprises successful in digital transformation, there is no better person than Mr. Upadrista and a model than Formula 4.0 to lead you to success. -- Raahil Burhaani, Chief Information Officer, Essar Oil (UK) Limited Before reading the book produced by Mr. Venkatesh Upadrista, I was not convinced that a single methodology exists in the market that can guide an enterprise in their digital transformation journey. Mr. Upadrista has since proved me wrong with his unique methodology on digital transformation, which he calls Formula 4.0. Few people are as well qualifies as Mr. Upadrista to help organizations understand and successfully navigate the challenges of digital transformation. My advice to all chief executives who aspire to excel in their business using technology: read this book, study its lessons. Take its advice to heart. There is no better guide than Mr. Venkatesh Upadrista to show the way to digital transformation success. -- Satyanarayana Murthy, Advisor to President, Microsoft Venkatesh Upadrista has written a book that outlines the practical approaches that any successful digital transformation will need. Venkat has created a work full of insights, techniques, and practical examples. Taken together, they represent all of the core skills that a leader needs to drive a transformation that is successful, enduring, and joyful. I wish I'd had this book to learn from when I started out as a CIO. I hope that you enjoy it as much as I have. -- Simon Hollins, Group CIO, Informa PLC (Retired)


Author Information

Venkatesh Upadrista is currently leading digital transformation for several clients across UK and Ireland, Benelux and France regions for a large IT Services company. He has been recognized as an exceptional digital talent leader by UK Tech Nation and is recipient of several national and international awards. He is a board advisor to digital start-ups and provides his guidance on technology trends to develop competitive products and service offerings. Mr. Upadrista is a thought leader in the digital transformation space. In his career of more than two decades experience, he got an opportunity to consult several Fortune 500 companies on large scale enterprise level digital transformations. Mr. Upadrista has also provided his guidance to several enterprises in areas of Cloud Transformation, IoT & Blockchain implementation, Project to Product Transformation, and Agile-DevOps set-up, and he used these varied experiences in crafting this book. Mr. Upadrista began compiling technical encyclopedias as a high school student. He took the vast collection of experimental facts from various sources and the research that he had been accumulating since several years and began to deploy them throughout his professional experience. He is an advisor to a number of digital initiatives in UK and has been a partner to CIOs of several large organizations to help them define ways to improve their business using technology. His experience moves across technology and sales leadership. He has worked in a blended mixture of the onsite/offshore model, and through his experience, he has helped many customers move their strategies to gain several qualitative and quantitative benefits.

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