Digital Transformation and Industry 4.0 Masterclass By Abhinav Singhal

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Digital Transformation and Industry 4.0 Masterclass By Abhinav Singhal – Instant Download!

Digital Transformation and Industry 4.0 Masterclass
Build real world understanding of Digital Transformation, Industry 4.0, value drivers and best practices to implement

What you’ll learn

• Understand what do terms like Digitalization, Industry 4.0, Society 5.0 mean
• Build a deep understanding of 7 core Industry 4.0 technologies (AI, IoT, Blockchain, AR/VR, RPA, Cloud, 3D Printing) and their applications in business
• Learn the key business drivers of digitalization and a framework for crafting digital strategy
• Practice a hands on case to implement digital transformation in a company and address the practical challenges involved
• Learn best practices, tip & tricks across various industries and functions to identify, design and implement digital initiatives

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Description
Update: It is one of the highest-rated courses on Digital Transformation and Industry 4.0 at Udemy with students from ~100 countries and all 6 continents. Thanks a lot for the overwhelming response !!!

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Digital transformation is a very popular topic these days. But what does it really mean and how can you identify the right digital technologies to create value at work and successfully implement them?

This course offers the right balance between the insights and best practices from top tier consulting firms and practical wisdom of what really works in a large corporate. The course content has already been vetted with digitalization experts across multiple events, forums and training sessions before and brings you the best of their collective experience. The course is filled with many cases and quizzes to reinforce your learning, covers digital use cases across 20+ sectors & industries, and includes a full case study in the end to design and implement a digital transformation program.

The course is structured in four sections:

Section 1: Introduce

• What is digital, exactly, and what does it mean for individuals, companies and the broader society?
• What do terms like Industry 4.0 and Society 5.0 mean?

Section 2: Learn

• What are the most relevant digital technologies (AI/ML, IoT, AR/VR, RPA, Cloud, Blockchain, 3D Printing) and how do they work?
• What are their applications, use cases and limitations today?

Section 3: Challenge

• How can companies create value from digitization?
• What are the value drivers and principles for crafting a robust digital strategy?
• What percentage of digital transformations are really successful? What are the top reasons behind their failure?

Section 4: Apply

• What are the best practices in creating a digital transformation roadmap?
• How to secure commitment for resources, manage stakeholders and scale up beyond the pilot phase?
• What are the different models for external partnerships (e.g., incubators, accelerators) and open innovation?

By the end of this course you will be able to:

• Build a strong foundation of key digital technologies
• Know how to apply them at work and create value for the company
• Design and implement a successful digitalization program

Who this course is for:

• This course is relevant for senior managers and executives who are involved in crafting digital strategy and leading digital transformation program for their companies
• It is equally useful for anyone who wants to learn about digitization and how can technology create value in their profession today

Course content

Course Overview

• Course Overview
  Get a preview of the key concepts which we will be discuss in the course and some ground rules to get us started !

Introduce What is Digital Transformation, Industry 4.0 and Society 5.0

• The 3Ds – Digitisation, Digitalization and Digital Transformation
  In this lecture we will first reflect on the learning objectives for this section and then understand the difference between the commonly used terms like digitisation, digitalization and digital transformation
• Digitalization for Consumers, Enterprises and Governments
  In this lecture we will understand how is technology is affecting individuals, companies and governments through various examples and case studies. We will also understand the meaning of terms like Society 5.0 and Smart Cities.
• The Fourth Industrial Revolution or Industry 4.0
  We will end this section by understanding the meaning of Industry 4.0, its underlying drivers and how does it tie back with all the concepts we have introduced so far.
• Introduce – What is Digital Transformation, Industry 4.0 and Society 5.0?
  For each of the caselets below select the option which best describes it

Learn What are the key Digital Technologies _ their applications

• Overview of Industry 4.0 technologies
  In this lecture we will first reflect on the learning goals and then introduce a simple framework to classify key technologies behind digitalization and Indusry 4.0 today
• Industry 4.0 Technology 1 – Artificial Intelligence (AI) & Machine Learning (ML)
  We will understand how AI/ML work, how do they compare with human intelligence today, what does it main for future of work and key use cases and applications
• Industry 4.0 Technology 2 – Internet of Things (IoT)
  We will understand how does IoT work, what is edge computing and key use cases and applications
• Industry 4.0 Technology 3 – Augmented Reality (AR) & Virtual Reality (VR)
  We will understand how AR/VR work, what are the common devices and key use cases and applications
• Industry 4.0 Technology 4 – Robotic Process Automation (RPA)
  We will understand how does RPA work, what processes are most attractive for RPA and key use cases and applications
• Industry 4.0 Technology 5 – Cloud Computing
  We will understand the basics of Cloud Computing, difference between SaaS, PaaS and IaaS models and key applications
• Industry 4.0 Technology 6 – Blockchain
  We will understand how does Blockchain work, see it in action using a video and key use cases and applications
• Industry 4.0 Technology 7 – Additive Manufacturing (3D Printing)
  We will understand how does 3D Printing work, benefits over conventional manufacturing, applications and adoption today
• Summary – Industry 4.0 technologies and relative adoption
  We will end this section by reflecting on the relative market size and adoption of the 7 technologies and outlook for next 5 years
• Learn: What are the key Digital Technologies & their applications?
  For each of the caselets below select the most likely underlying technology/technologies

Challenge Why is Digital Transformation even relevant

• Five Value Drivers of Digitalization
  In this lecture we will first reflect on the learning objectives, then understand what do we mean by value and how can digitalization create value for companies
• Value Driver 1 – New Platform based Business Models
  Understand the basics of platform business model and examples of how companies are creating value from it
• Value Driver 2 – Accelerate New Product Development
  Understand how digitalization can help accelerate new product development process, meaning of agile and MVP approach and reasons behind the rise of startups over the last decade
• Value Driver 3 – Provide Superior Customer Experience
  Understand the basics of customer experience, customer journey, omnichannel offerings and use cases and applications of technology to create value from it
• Value Driver 4 – Generate Data Driven Insights across the Value Chain
  Understand the various sources of data which can be leveraged to create unique insights and use cases and applications of creating value from having a unified view of data across the supply chain
• Value Driver 5 – Reduce Operational Costs and Improve Efficiency
  Understand how technology can be used to reduce costs in manufacturing and back office processes and various use cases and applications with benchmarks
• Summary – Case Study of Digitalization in Banking Industry
  We will summarise the five value drivers by applying them in the context of banking industry
• Reality Check – What are the chances of success?
  We will end this section by looking at some data on how many digital transformation initiatives are truly successful, what are the common reasons of failure and look at best practice examples of companies who have truly managed to transform
• Challenge: Why is Digital Transformation even relevant?
  For each of the questions/caselets below select the best option

Apply How to implement a successful Digital Transformation program

• Introduction to the Case & Digital Transformation Framework
  We will introduce the case for this section and also look at the core elements of the best practice digital transformation framework for this section
• First Task
  This lesson will introduce the challenges associated with the first element of the framework in the case and introduce the first task for the participants
• Building Awareness
  In this assignment we will reflect on the challenges of building awareness as outlined in the case and come up with ideas/ways to address them for a successful digital transformation program
• Success Factor 1 – Awareness
  In this lecture we will look at some best practices to build awareness and outline the challenges for the next element
• Creating Engagement
  In this assignment we will reflect on the challenges of creating engagement as outlined in the case and come up with ideas/ways to address them for a successful digital transformation program
• Success Factor 2 – Engagement
  In this lecture we will look at some best practices to create engagement and outline the challenges for the next element
• Ensuring Focus
  In this assignment we will reflect on the challenges of building focus as outlined in the case and come up with ideas/ways to address them for a successful digital transformation program
• Success Factor 3 – Focus
  In this lecture we will look at some best practices to build focus and outline the challenges for the next element
• Securing Commitment
  In this assignment we will reflect on the challenges of securing commitment as outlined in the case and come up with ideas/ways to address them for a successful digital transformation program
• Success Factor 4 – Commitment
  In this lecture we will look at some best practices to secure commitment and outline the challenges for the next element. This will include defining operating model, securing talent, partnerships, IT infrastructure , funding and stakeholder management
• Creating Agility
  In this assignment we will reflect on the challenges of creating agility as outlined in the case and come up with ideas/ways to address them for a successful digital transformation program
• Success Factor 5 – Agility
  In this lecture we will look at some best practices to create agility and also to shape a digital first culture given the future of work
• Summary – Recap of the five Success Factors & Case Closing
  We will recap the five elements critical for success of any digital transformation program and close the case by creating a sample digital transformation roadmap
• Case Study of Domino’s Digital Transformation Journey
  Video Case Study of Domino’s Digital Transformation journey and key learnings from it
• Apply: How to implement a successful Digital Transformation program?
  For each of the caselets below select the most likely success factor NOT addressed

Key Takeaways & Closing

• Key Takeaways & Closing
  Recap of key concepts discussed in the course and five summary takeaways from the course
• Final Task – My Reflections & Learnings from the course
  Please write down your key learnings from this course and record it in a journal

Bonus Content

• Keynote, AI Summit UK 2020 – Bringing AI to the shop floor
  Learn about the state of AI in manufacturing and industrial sector today and key opportunities and challenges to address

Digital Transformation and Industry 4.0 Masterclass By Abhinav Singhal, what is it included (Content proof: Watch here!):

• 01 Course Overview
• 02 Introduce What is Digital Transformation, Industry 4.0 and Society 5.0
• 03 Learn What are the key Digital Technologies _ their applications
• 04 Challenge Why is Digital Transformation even relevant
• 05 Apply How to implement a successful Digital Transformation program
• 06 Key Takeaways _ Closing
• 07 Bonus Content