TECH BUYER May 2020 - IDC PlanScape - Doc # US46223520

IDC PlanScape: Digitizing Legacy Assets in Industrial Operations

By: Jonathan LangResearch Manager, Worldwide IT/OT Convergence Strategies, Kevin ProutyGroup Vice President, Energy and Manufacturing Insights

Abstract

This IDC PlanScape helps readers understand the who, what, why, and how of digitizing legacy assets. The outcomes of unlocking data-driven decision making around assets include reduced risk, improved operational performance, and reduced costs.

In most Industry 4.0 programs today, the focus of transformation only includes assets that are digitally native or are already instrumented and connected through industrial networks and producing data through control systems. This IDC PlanScape guides technology users through the prerequisite to digital asset transformation, which is digitizing legacy assets. Enterprises must now consider more options than ever before for gathering operational performance readings with sensors and connecting them to compute resources for analysis and decision support.

"There are 100-year-old assets holding critical roles in the operations of many industries today. Operations and IT professionals need to understand that they can improve the reliability of those assets with minimal investment and gain a broader understanding of their end-to-end operation," says Jonathan Lang, research manager for IDC's Worldwide IT/OT Convergence Strategies Program. "But to digitize those legacy assets requires IT and OT collaboration to successfully identify those assets and create a strategy to get them connected."


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