Adopting Continuous Improvement Through Digital Transformation

Our guest David Westrom is responsible for global business development at MachineMetrics and has led business development organizations and driven strategy at three IIoT start-ups that experienced successful exits, including most recently ThingWorx, that was acquired by PTC. In this episode, Dave and Bruce discuss: Digitally transforming discreet manufacturing operations to start a continuous improvement program. Digital improvements for high volume/low mix versus low volume/high mix manufacturing. Expanding data collection from machines to machines, people and business systems. How the scope of data collection is related to the overall value generated. Related links you may find useful: Season 2: Episodes and show notes Season 2 book: The Private Equity Digital Operating Partner Season 1: Episodes and show notes Season 1 book: IoT Inc Training: Smart digital transformation certification

Om Podcasten

This talk show is about the next big thing in value creation. It is for fund managers and corporate leadership investigating smart digital transformation for their companies, and for service providers, subject matter experts and vendors wanting to broaden their digital skills. Although the show’s focused on value creation in the context of private equity, it’s sector agnostic and can get pretty geeky, digging into IoT, data science (analytics & ML) and other high technology. At a high level, the show is about how to frame the digital investment thesis and how to execute it. Your host, Bruce Sinclair, is an ex-PE operating partner who has written the best-selling books, The Private Equity Digital Operating Partner and IoT Inc, and has certified thousands of professionals with his ICIP program and LinkedIn Learning courses. Season 1 of this show was called, The IoT Inc Business Show.