"We've had technology disruptions before, but the market was stable. Now the market is being disrupted as well as the technology." ~Semiconductor Executive
McKinsey&Company recently published an exceptional article entitled "How industrial companies can respond to disruptive forces" in which authors Rajat Dhawan, Bernd Heid, Paul Kuderli, and Kevin Laczkowski provide data with executive commentaries from over 300 surveyed participants that can be summarized and categorized as follows:
* Incumbents are grappling with five disruptive forces (the disruptive forces themselves and the ability of companies to prepare for them)
* Disruption is upending the core of industrial companies (the implications for incumbents of the new disruptive world)
* What can incumbents do to stay relevant - or win (the way companies can deliver a sustained, successful response)
The study is targeted on three industrial sectors: automotive, aerospace and defense, and diversified industrials (building and industrial technologies, machinery, and power equipment) and is loaded with insights and observations on a wide variety of subjects including AI, IoT, electrification, cybersecurity, talent acquisition and other critical business factors. For the full article, follow the link provided.
#Aerospace #defense #electronics #industrial #infrastructure #IOT #AI #artificialintelligence #electrification #diversifiedindustrials #cybersecurity #RF #microwave #semiconductor #manufacturing
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