Sight Machine Introduces Digital Readiness Index for Manufacturing

DRI Guides Manufacturers Launching Digital Transformation Initiatives

SAN FRANCISCO–(BUSINESS WIRE)–Sight Machine Inc., the category leader for manufacturing analytics,
today introduced the Digital Readiness Index (DRI), a methodology to
evaluate a manufacturer’s readiness for digital transformation and
identify the projects likely to deliver the most impactful returns.

Sight Machine developed DRI based on insights from digital manufacturing
projects with some of the world's largest manufacturers. It reflects
best practices from successful digital initiatives and lessons learned
from some that were less successful.

The DRI process is freely available at http://sightmachine.com/digital-readiness/,
where companies can find an interactive tool for gauging their readiness
for manufacturing digitization and an explanatory DRI white paper. DRI
uses an online questionnaire to measure technical readiness—the
necessary technical assets and skills—and organizational readiness, the
organizational assets and buy-in needed for an initiative to succeed.

Based on the answers to the questionnaire, DRI uses a weighted scoring
system to place organizations into one of five Digital Readiness Zones:
Connection, Visibility, Efficiency, Advanced Analytics, and
Transformation. For each zone, Sight Machine has recommended quick win
projects and areas for investment to develop more advanced capabilities.

“The majority of large manufacturers understand the competitive need for
digital transformation, but getting started or even knowing where to
begin is often a challenge,” said Sight Machine CEO and Co-Founder Jon
Sobel. “DRI provides a roadmap for digital transformation. It makes use
of insights we’ve gained through helping dozens of companies
operationalize digital manufacturing.”

As companies move into higher Digital Readiness Zones, they are able to
take on projects that can deliver greater impact in operations, quality,
and profitability. At lower levels of readiness, project use cases
include a global operations view of real-time production across the
network, and statistical process control to provide alerts for
out-of-control events. As they rise to a moderate level of readiness,
companies can confidently take on projects like parts traceability
across the value chain and high-level defect analysis. At the highest
level of readiness, they can delve deeply into supply chain
transformation and new business model innovation.

“Across a wide range of industries, manufacturers encounter the same set
of technical and organizational challenges to getting their digital
transformation projects off the ground,” said Sudhir Arni, a former
McKinsey & Co. consultant now at Sight Machine, who led DRI’s
development. “We have learned that success isn’t determined by a plant’s
overall level of sophistication, but rather by selecting projects that
align with a company’s current level of digital readiness.”

For more information, see http://sightmachine.com/digital-readiness/.

About Sight Machine

Sight Machine is powering the digital transformation of manufacturing,
used by Global 500 companies to make better, faster decisions about
their operations. Sight Machine’s analytics platform, purpose-built for
discrete and process manufacturing, uses artificial intelligence,
machine learning and advanced analytics to help address critical
challenges in quality and productivity throughout the enterprise. For
more information, please visit www.sightmachine.com.

Contacts

Media Contact for Sight Machine
Paul Sherer, +1 415-385-5970
[email protected]