Thriving in an Uncertain World with a Resilience Focused Operational Digital Twin
For many years globalization, automation, and lean principles were the basis of a successful business, be it manufacturing, finance, or retail. These strategies relied on an assumption of a smooth and reliable flow of resources; so that outcomes broadly matched predictions, and any variation was slow and with only local impact.
Then a global pandemic, a ship stuck in a canal, and a fire at a chip factory showed just how much the new world breaks those assumptions. Resource availability and flows are chaotically unpredictable, over short timescales, and with impact across the business. Predictions are now, at best, a good guess. This is the new normal.
This demands new solutions that can rapidly detect disruption, show the total impact to all downstream dependencies, provide meaningful measures of fragility at all scales, and recommend the most effective measures to reduce those risks for any contingency.
Recorded: Data Innovation Summit, 5th & 6th of May 2022 in Stockholm, Sweden.