Digital Engineering is the fusion of advanced digital technologies with best-in-class product engineering capabilities, delivering physical resource-intensive processes in a digital environment.
Existing engineering capabilities based on sequential approaches and extensive physical testing are incapable of delivering the complex products of the future. Digital engineering solutions will play a critical part in the journey to develop the (‘net-zero’) mobility products and services of tomorrow and meet this generation’s customer expectations.
Along with great opportunity, the emergence of the Internet of Everything presents technological, organizational, process, regulatory, cultural, and other challenges, which need to be solved because the benefits of increased connectedness, to business and society alike, far outweigh these challenges.
With the high degree of connectedness, the need to protect the privacy and security of individuals, systems, and organizations of all kinds, giving them the power to choose and control how their information is shared.
Developing technological capabilities has become easier and more cost-effective as mobility, cloud, and other IT service models enable companies to acquire the right technologies, in the right amounts, at a reasonable cost. Today’s bleeding-edge capabilities will quickly become tomorrow’s “table stakes.” Given this, Enterprises must continue to invest in the innovative technologies that will enable the unique offerings and business models that generate profits from IoE to achieve long-term success.
With more and more companies gaining access to technology and innovations that level the playing field, such as cloud computing, what really matters is how to harness these innovations to maximize value realized from IoE. To that end, the top three challenges in realizing value in a connected environment are :