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.”Aerospace, News