What's Hot 2018 Survey - A look at our digital future kaastrup|andersen March 2018 - Kaastrup & Andersen

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What's Hot 2018 Survey - A look at our digital future kaastrup|andersen March 2018 - Kaastrup & Andersen
What’s Hot 2018
Survey
A look at our digital future

kaastrup|andersen
March 2018
BACKGROUND

The digital future creates opportunities for new areas of business and revenue streams for almost all companies. However,
digitalization also means that companies are met with the need for creating a number of cross-disciplinary and -departmental
changes. And, at the same time, these changes also bring new knowledge, new surprises and new challenges.

We have conducted a survey in order to assess which topics are at the top of the agenda for companies, when looking at the digital
future. The responses from the survey have been collected and consolidated, and are presented in this report. On the following
pages we dive into 5 categories and take a closer look at the highest scoring topics, adding our own words and experiences for each
category.

Enjoy.
CATEGORIES

Our survey covered 36 topics, grouped in 5
categories:

•   DATA
•   Business
•   IoT
•   Digitalization
•   IT

On the following pages, we take a closer look at the
trends and new opportunities for business that your
company can tap into and benefit from in the near
future.
HOW TO READ THE REPORT

  The categories and topics have been selected
  on the basis of what we see in our daily work
  as sparring partners and project managers.
  The report is built upon the responses we
  have received and is therefore an
  independent assessment of what will be the
  most important topics in 2018.

  You can read more about the different topics
  on our homepage (in Danish) by clicking the
  links in the report.
CATEGORY: DATA

                                           IT MANAGEMENT IN RAPID DEVELOPMENT

                                                                                              Data lakes
                                                              Data                           50%
                                                                                             40%
        Make IT a competitive parameter                                                      30%
                                                                                             20%
        The volume of demands and the                                                        10%
        complexity is historically high and we                              Big data          0%                 Data control
        are confronted with concepts such as
        cloud, big data, analytics, cyber crime,
        machine learning, AI, augmented
        reality, blockchain and many more.
                                                                                                GDPR

                                                   Top scorer: GDPR, 45% in the category
        In order to observe the regulations, each company or organization must take a look at where and how personal data flows in the
        organization: Who has access to which data and, not least, for how long is the data kept? First step in the process is to find out
        where the personal data is kept. Read more here (in Danish).
CATEGORY: BUSINESS

                         CYBER PHYSICAL SYSTEMS CONTROL THE PRODUCTION PROCESS

                                                             Business                     Digital customer
                                                                                               portals
                                                                                            50%
            Streamlining the processes                                    Machine learning 40%             Remote workers
                                                                                            30%
        Production must be enterprising,                                                    20%
                                                                     Improved decision
                                                                                            10%               Content marketing
        willing to adopt and highly scalable.                             making
                                                                                             0%
        Challenges      in   production   are
        intensified by the increased speed of                             Enhanced role
                                                                                                             Immersive UX
        both technological development and                                 specification
        the market that is caused by                                                Hyper local
                                                                                                      Customer centricity
        digitalization.                                                             advertising

                                            Top scorer: Machine Learning, 41% in the category
        Virtual simulations of the solutions help ensure that all relevant parameters are defined and cover all use cases and scenarios.
        When the system is launched and is in use, system data will continuously be picked up, analysed and used for optimising the model
        of the system, thereby building the foundation for further development and refinement of the operational system. Read more here
        (in Danish).
CATEGORY: INTERNET OF THINGS

                                                  OPERATION OPTIMISATION WITH IOT

                                                              Inter T
                                                                                             Intelligent products
                                                                                                 25%
            Streamlining the processes                                                           20%              Automatic
                                                                                         IoT     15%              production
        Gathering the right data and using it                                                    10%
                                                                                                   5%
        in the right context can lead to better                                                    0%
        decision making, more efficiency and                                                                           Device
                                                                           Industrial IoT
                                                                                                                    management
        help us spot trends by using data
        analysis.
                                                                                   Industry 4.0          Smart cities

                                                      Top scorer: IoT, 23% in the category
        Implementing digitalization and using Internet of Things makes it possible to optimise, streamline and create more value in daily
        operations. The challenge lies in finding out how and in what way. There is a high focus on processes that create value, but
        sometimes, the simplest ideas prove to be the best and most efficient. Read more here (in Danish).
CATEGORY: DIGITALIZATION

                             USING INDUSTRIAL INTERNET OF THINGS FOR PREDICTIONS

                                                             Digitalization
                                                                                               3D printing
                                                                                              40%
         Identifying the right parameters                                                     30%
                                                                           Asset tracking                        4D printing
                                                                                              20%
        Maintenance is vital when working                                                     10%
        with production. A single hour’s                                                          0%
        standstill on a production line can                        Digital Supply chain                            Robotics
        amount to large losses for a company.
        Using the right technology enables us
        to secure a continuous production.                                                                    Information
                                                                                  Digital twins
                                                                                                             management

                                                Top scorer: Robotics, 40% in the category
        Industrial Internet of Things (IIoT) contains great potential when it comes to predictive maintenance. The vast amounts of data
        accumulated via IIoT solutions can be analysed and used for defining plans for maintenance and replacement of parts. Read more
        here (in Danish).
CATEGORY: IT

                               CREATE BETTER PRODUCTS WITH BEHAVIOURAL ANALYSIS

                                                               IT                                   Applications
                                                                                                    development
                                                                                                    20%
         Identifying the right parameters                                           Servitization                  Edge computing
                                                                                                    15%
                                                                                                    10%
        It is a human trait that knowledge and                                  Cognitive
                                                                                                                       Blockchain
                                                                               computing             5%
        the will to change do not always
                                                                                                     0%
        create actual action and change.
        Changing habits and behavioural                              Artificial intelligence                           AR & VR

        patterns call for other means and
        methods. But what about IT?                                               Cybersecurity                    Finance robotics
                                                                                                Cloud computing

                                           Top scorer: Artificial Intelligence, 20% in the category
         We live in a hyper connected world. Both money and optimisation is at stake when we look into how we can utilise our machines
         and equipment more efficiently. This makes it highly important that we, as manufacturers and service providers, ensure that the
         right data is analysed and applied. Read more here (in Danish).
OUR DIGITAL FUTURE

    This report provides a snapshot of how our digital future is evolving, making it useful as a tool for pinpointing
    which directions we, as companies, can benefit from looking into. The digital future enables your company to
    create new areas of business, streamline and counter risks. However, it is up to each individual company which
    model to choose in order to organise, facilitate and manage the digital future, and we all have the opportunity to
    shape the road to the digital future, making it an efficient and value creating process.

    A relevant next step could be to take inspiration from the results, to draw up a business case for your digital
    solutions. One example could be to focus on the insights into GDPR, working with how personal data is handled in
    your company.

    You can gain deeper insight by accessing our website www.kaastrupandersen.dk. Please also feel free to contact us
    at info@kaastrupandersen.dk
OUR DIGITAL FUTURE

    About kaastrup|andersen

    kaastrup|andersen combines business knowledge and technological overview with project management, ensuring
    that our customers gain the maximum return on their investments. Since our establishment in 2001, our customers
    have acknowledged us for our direct approach and ability to accelerate development, run projects and implement
    changes through strong, constructive and honest leadership.

    We share your ambitions and have one goal: To fulfil them.
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