The digital age requires new ways of producing goods. New ways of organizing work. New job definitions. This innovation, however, also needs a strong base on which to build new ideas from information. Our competitive edge has always been industrial depth and breadth, rooted in the spirit of invention.
So, how did we build digital onto an industrial core? First, we asked, “why not us”? Willingness to try is a great thing. Small moments of trial become everyday habits. We developed software and started using it in our own factories. 15 years ago, our operators monitored jet engines, locomotives, and gas turbines manually. Today, we use analytics and AI to predict asset failures in advance. To harness these new technologies, we trained numerous scientists and engineers on data science and machine learning to perform digital jobs. Second, we offered this software and expertise in the form of products and services to our customers. Third, we built an ecosystem of partners and opened it up to the world. Here we create value inside and outside the company, through our platform and industrial apps. We became a digital industrial, over time and across geographies.