Three Best Practices for Digital Transformation You Should Know

Toshiba is revamping its business operations, aiming to become a world leading cyber-physical systems company. In this session, we will show three actual examples of digital transformation: development transformation, sales transformation, and business model transformation. First, we talk about development transformation, aiming to reduce or eliminate System Integrations for IoT development by applying development patterns. Next, we talk about our sales transformation by sharing Toshiba SPINEX Marketplace. We take components for security, AI, remote monitoring, predictive analytics, and asset admin shell and turn them into new horizontal managed services, creating a new revenue stream. Last, we talk about a “Virtual Power Plant” use case as an actual example of our business model transformation from hardware-sales to a subscription-based business model.