Embarking on a digital transformation journey is a big commitment. When implementing systems like the 3DEXPERIENCE platform, which impact every aspect of the business, you want to be sure you’re choosing the right technology. And you want reassurance that your efforts and investment will lead to improved corporate performance.
Research exposes the risks of jumping into transformation projects without good planning, as research from McKinsey shows failure rates hover around 70%. But there are steps businesses can take to significantly improve the likelihood of success, and that begins by asking the right questions and defining the true scope of the digital transformation. Dassault Systèmes’ Value Engagement model does exactly that. This unique methodology applies the best strategies and practices to address each client’s specific challenges with the goal of delivering success on high-risk, must-succeed digital business transformation projects.
Czech mining equipment specialist Ferrit is on a mission to decarbonize and diversify its product portfolio while bringing new innovations to market faster. To achieve this, it needs to connect its processes and departments and bring visibility to the entire product lifecycle. Ferrit chose the 3DEXPERIENCE platform as the backbone for product lifecycle management (PLM) and also decided to follow Dassault Systèmes’ Value Engagement methodology to plan and manage its digital transformation.
“We followed the methodology to understand our business drivers and link them to company objectives and expected benefits,” said Petr Mohelnik, CEO of Ferrit.
Using this approach, Ferrit is able to validate the business value of the 3DEXPERIENCE platform, set shared, measurable objectives, define its overall digital roadmap and follow a clear implementation plan. Today, as the company rolls out the platform across its business, starting with product and project management, it is able to track the impact of the 3DEXPERIENCE platform with clear key performance indicators.
Read the full story to discover exactly how Ferrit plans to take advantage of the 3DEXPERIENCE platform to operate more efficiently and accelerate time to market, backed by Dassault Systèmes’ Value Engagement model.