How can manufacturers put digital transformation into practice?

Rob McGreevy, leader of corporate strategy at the multinational IT firm AVEVA, writes that Barghest Building Performance (BBP) is a first-rate example of how companies can transform their business models by combining technology with human insight. BBP’s unique energy savings solution uses a patented algorithm to monitor environmental conditions and adjust HVAC systems to optimize energy usage; however, BBP has recently improved this offering by creating a control centre that compares real-time data against industry best practices from around the world. Clients do not need to invest in additional infrastructure, and BBP’s funding model means they’re only paid out of clients’ savings, giving new customers further incentive to use their solution. McGreevy points out that BBP has become so successful because the company has continued to adapt its business model with new insights.

Full story: How can manufacturers put digital transformation into practice?

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