The urgent need for simplification, flexibility, and faster-time-to-market has accelerated digital transformation across all sectors. Indeed, there is a race to come out on top as the COVID pandemic, supply chain challenges, new consumer behaviors, and unstable market dynamics have quickly — and perhaps forever — changed industry as we know, or knew, it.
One of the biggest motivators behind digitization is undoubtedly the need for efficiency and sustainability. The imperative to limit the global warming to 1.5 degrees Celsius is more than ever tied with the future of many businesses. “It has never been more visible that resource efficiency and energy sobriety boost the company’s profitability” said Peter Weckesser, Chief Digital Officer of Schneider Electric.