Formula 4.0 for Digital Transformation : A Framework Using Digital Enablers from Industry 4.0 book cover
1st Edition

Formula 4.0 for Digital Transformation
A Framework Using Digital Enablers from Industry 4.0

  • Available for pre-order. Item will ship after May 27, 2021
ISBN 9780367746841
May 27, 2021 Forthcoming by Productivity Press
304 Pages 56 B/W Illustrations

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Book Description

A staggering 70% of digital transformations have failed as per McKinsey. The key reason why enterprises are failing in their digital transformation journey is because there is no standard framework existing in the industry that enterprises can use to transform themselves to digital. There are several books that speak about technologies such as Cloud, Artificial Intelligence and Data Analytics in silos, but none of these provides a holistic view on how enterprises can embark on a digital transformation journey and be successful using a combination of these technologies. FORMULA 4.0 is a methodology that provides a clear guidance for enterprises aspiring to transform their traditional operating model to digital. Enterprises can use this framework as a readymade guide and plan their digital transformation journey. This book is intended for all chief executives, software managers, and leaders who intend to successfully lead this digital transformation journey. An enterprise can achieve success in digital transformation only of it can: create an IT Platform that will enable them to adopt any new technology seamlessly into existing IT estate; deliver new products and services to the market in shorter durations; make business decisions with IT as an enabler and utilize automation in all its major business and IT processes. Achieving these goals is what defines a digital enterprise -- Formula 4.0 is a methodology for enterprises to achieve these goals and become digital. Essentially, there is no framework existing in the market that provides a step-by-step guide to enterprises on how to embark on their successful digital transformation journey. This book enables such transformations. Overall, the Formula 4.0 is an enterprise digital transformation framework that enables organizations to become truly digital.

Table of Contents

Table of Contents



Section I: Introduction to Formula 4.0

Chapter 1: A Generic Industry Perspective on Digital Transformation

Chapter 2: Business Driven Digital Transformation Framework: Formula 4.0

Section II : Identifiying Business Processes for Digital Transformation using Systems thinking and Design thinking

Chapter 3: Business Strategy for Digital Transformation

Chapter 4: Business Transformation Model and Itelligent Transformation Model

Section III: Foundation Platform

Chapter 5: Creating a Foundation Platform with Digital Triplets

Chapter 6: Cloud Infrastructure

Chapter 7: SAP Cloud Migration

Chapter 8: Application Programming Interface (API)

Section IV: People, Processes and Tools

Chapter 9: Product Organization

Chapter 10: Human Resource Management

Chapter 11: Importance of DecSecOps in a Product Based Organization

Section V: Data Analytics, Automation, IT-OT Integration and Enterprise Governance

Chapter 12: Big Data Analytics

Chapter 13: Automation with RPA and AI-ML

Chapter 14: IT-OT Integration (IoT)

Chapter 15: Enterprise Governance

Section VI: Bringing the Pieces Together

Chapter 16: The Formula 4.0 Methodology



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Venkatesh Upadrista has 23 years of experience working for Fortune 500 client and is currently leading digital Transformation for several clients at UK and I. He is a thought leader in Digital Transformation and has worked for large change programs using Composable platforms using RPA, AI-ML, Cloud, Data Analytics, Big Data and IoT. He is an advisory Board Member for a digital firm and has built this company from $0 to $10 mil business in 16 month. He is recognized by UK Tech Nation as an exceptional digital talent leader. During his IT career, he has won several large business deals based on the knowledge he possesses in consultative selling techniques. He began compiling management encyclopedias as a high school student. Venkatesh took the vast collection of experimental facts from various sources and the research that he had been accumulating for several years and began to deploy them throughout his professional experience. He is an advisor to a number of business development initiatives and has been a partner to CIOs of several large organizations to help them define ways to improve their top-line and bottom-line revenues and to prioritize their business initiatives. His experience moves across project management and sales leadership. He has worked in a blended mixture of the onsite/offshore model and through his experience, has helped many customers move their strategies to gain several qualitative and quantitative benefits.