Formula 4.0 for Digital Transformation: A Business-Driven Digital Transformation Framework for Industry 4.0

A staggering 70% of digital transformations have failed as per McKinsey. The key reason why enterprises are failing in their digital transformation journey is because there is no standard framework existing in the industry that enterprises can use to transform themselves to digital. There are several books that speak about technologies such as Cloud, Artificial Intelligence and Data Analytics in silos, but none of these provides a holistic view on how enterprises can embark on a digital transformation journey and be successful using a combination of these technologies. FORMULA 4.0 is a methodology that provides clear guidance for enterprises aspiring to transform their traditional operating model to digital. Enterprises can use this framework as a readymade guide and plan their digital transformation journey. This book is intended for all chief executives, software managers, and leaders who intend to successfully lead this digital transformation journey. An enterprise can achieve success in digital transformation only of it can create an IT Platform that will enable them to adopt any new technology seamlessly into existing IT estate; deliver new products and services to the market in shorter durations; make business decisions with IT as an enabler and utilize automation in all its major business and IT processes. Achieving these goals is what defines a digital enterprise -- Formula 4.0 is a methodology for enterprises to achieve these goals and become digital. Essentially, there is no existing framework in the market that provides a step-by-step guide to enterprises on how to embark on their successful digital transformation journey. This book enables such transformations. Overall, the Formula 4.0 is an enterprise digital transformation framework that enables organizations to become truly digital.

Venkatesh Upadrista is currently leading digital transformation for several clients across UK and Ireland, Benelux and France regions for a large IT Services company. He has been recognized as an exceptional digital talent leader by UK Tech Nation and is recipient of several national and international awards. He is a board advisor to digital start-ups and provides his guidance on technology trends to develop competitive products and service offerings.

Mr. Upadrista is a thought leader in the digital transformation space. In his career of more than two decades experience, he got an opportunity to consult several Fortune 500 companies on large scale enterprise level digital transformations. Mr. Upadrista has also provided his guidance to several enterprises in areas of Cloud Transformation, IoT & Blockchain implementation, Project to Product Transformation, and Agile-DevOps set-up, and he used these varied experiences in crafting this book.

Mr. Upadrista began compiling technical encyclopedias as a high school student. He took the vast collection of experimental facts from various sources and the research that he had been accumulating since several years and began to deploy them throughout his professional experience.

He is an advisor to a number of digital initiatives in UK and has been a partner to CIOs of several large organizations to help them define ways to improve their business using technology.

His experience moves across technology and sales leadership. He has worked in a blended mixture of the onsite/offshore model, and through his experience, he has helped many customers move their strategies to gain several qualitative and quantitative benefits.