Embracing Technology as a Value Creation Tool
Monday 2:15 pm - 3:00 pm, Conference Room (Ballroom A)
Moderators: Jim Lavelle
Panelists: Bimal Mehta, Girish Juneja, David Savage, Mike McNamara
Keeping up with the fast pace of technological advances and adapting to these changes is a challenge and opportunity that all middle-market industrial companies face, whether they are publicly or privately owned. With the rapid pace of gains in artificial intelligence, machine learning and all manner of digital communications, industrial companies could find that their business models are suddenly upended by technological changes and competitors they never anticipated.
As technology moves from bolt-on to built-in, middle market companies must become active partners in determining how technology not only supports manufacturing and product/service creation, but also how it should be used to provide a competitive advantage.
The user/supplier game needs a new playbook.
Our Executive Panel participants are uniquely positioned to share their expertise on Industry 4.0 and ways in which middle-market industrial companies can harness the coming changes to create operational value in the future.
Topics to be covered include:
- Why technology drives constant business reinvention, and how middle market companies can meet the challenge.
- Betting on the promise: How to make better tech buying decisions.
- How to develop and encourage in-house expertise.
- Calculating timeframes for tech implementation, payback and obsolescence.