The line between IT and Operational Technology (OT) has blurred. Companies are seeking to improve efficiencies by creating greater value from their data, streamline processes and teams and change business models. This is only made possible by the tight integration across operations and IT, where smart capabilities are created. The opportunity to improve efficiencies and create value is significant, but with that comes change and some increased risk. Technology developments across the third platform – cloud, mobility, big data/analytics and social – and the innovation accelerators – particularly robotics, IoT, cognitive process, virtual reality and next gen security are coming together to enable integrated smart and digital operations, but for most companies having the right data foundations in place is a real challenges and raises many questions. How do technology priorities need to be made given fixed budgets? Where do budget lie? Who owns the data? What about security? What are the risks of integrating operational systems with IT? What is the role of R&D when IT capabilities represent a significant component of the requirement? Where do the third platform IT capabilities need to sit? Who should lead decision making across IT and operations, and how does that work?
In this webinar, IDC Insights will share our perspective of the importance of IT/OT convergence, the challenges that companies are facing and what best practice organizations are doing. This includes survey insights from our recently completed global survey of end users across manufacturing, energy and mining sector:
- For mining companies, the top motivators for IT/OT convergence are organizational agility, delivery to the requirements of customers and reducing costs.
- The top barriers of IT/OT convergence for utilities companies in Asia Pacific are too many decision makers, not a high enough priority and lack of familiarity with the concept of IT/OT convergence.
- 39.7% of Asia Pacific manufacturing companies say that they spend 5–6% of their annual revenues on capital and operational investments within operational technology.
Join IDC Insights' IT/OT Convergence webinar to find out about the things you need to be doing within your organization and have your questions answered by IDC analysts. We look forward to speaking with you!