Digital Transformation

Digital transformation is the integration of digital technologies and devices in the way you operate and deliver value  to customers. To embrace new technologies is a sine qua non in this rapidly changing world, where fresh views are needed in order to walk outside the beaten track.  The increase of digital solutions and interconnection of value chains open up the development of digital ecosystems.

Blockchain is revolutionizing the way transactions are handled - and cutting costs in the process. The development of smart contracts and solutions will change the existing modus operandi, where sensor data is connected to the network.  Experion is developing a solution that will fundamentally change the way a certain aspect in our industry is executed - here algorithms and mathematics play a crucial role.  Also well-known companies saw the writing on the wall and invest heavily in blockchain technology.

Although AI is just kicking off, expectations are that this will revolutionize quality of operational decision-making. Especially digital savvy companies are willing to explore new technologies and step away from functional silos that are not connected. They focus on end-to-end solutions and create a blueprint on basis of five basic principles: 

1) Where is my business heading to?

2) Which digital solutions support my business?

3) How can we  operate efficiently?

4) What are the expectations of my stakeholders?

5) What is needed for my organisation? 

There was quite some criticism by many experts when information about the Malacca-Max containership (18,000 TEU) was published, but see what  happened thereafter.  The same can be said about the power of the internet in the early 1990s.  To stay open for new ideas, while taking advantage of new opportunities and solution, are real challenges.  That is where Experion comes into the picture.