The new Oliver Wyman publication “Modernizing IT Platforms Successfully“ discusses the challenges machinery and plant engineering companies face when they modernize their IT platforms. To overcome these difficulties, the article identifies five key factors that determine whether a platform renewal effort will be successful in the long term.
The machinery and plant engineering industry is under pressure to transform. Globalization, new competitors, demand for product tailoring, and digital transformation – among other challenges – are all putting pressure on companies to act. Flexible and scalable IT platforms are indispensable for meeting these challenges.