What aerospace and defense firms are investing in the digitization of their businesses? According to a new study by the Boston Consulting Group (BCG), the answer is just about everyone. But simply spending money on digital capabilities doesn’t make you a leader in this rapidly changing sector.

“How much a company invests in digital generally does not influence whether it is a digital frontrunner or a digital follower,” says Greg Mallory, a BCG senior partner and a coauthor of the report. “Rather, the frontrunners in the race to extract value from digital are those A&D companies that define an enterprise-wide digital vision to guide their investment decisions across functions and that establish the right supporting structures, roles, and culture.”

Click Here to Read the Full Article

Aerospace, The Fastener Museum