The impact of digital transformation on the electrical and electronic industries

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Opinion

  Posted by: electime      31st March 2021

Digital transformation has been underway in many industries over the last decade. Many businesses have put digital technology at the heart of their ongoing growth strategy, to stay in line with their customer’s appetites for digital technology and to meet production and delivery deadlines.

Over the course of the last 12 months this digital transformation has accelerated, partly due to consumer’s reliance on digital platforms and adaptations that have been necessary for business operations during a pandemic. This digital transformation has a widespread impact across many sectors and industries. Perhaps the most significant impact of this process is on the electrical and electronic industries.

Digital transformation as a process has been underway for a while now. Many manufacturing industries use automated electronics to streamline their production processes. While retail businesses have moved away from classic face-to-face sales to online transactions, therefore digitising their business models in a new way.

In the last year, we have also seen traditional work environments become digital first. This digital transformation of the office looks set to continue in the future too, as digital workplaces have been proven to boost employee engagement and productivity.

As digital technologies often require electricity to operate, the digital transformation across industries has, and will continue to increase demand for electricity and electronics to support digital systems. While this is a great boon for the electrical and electronic industries, it is important that digital transformation is balanced with environmental concerns.

One of the challenges facing the electrical and electronics industries is how to power digital transformation using renewable and sustainable energy. As a priority of the UK government and the Paris Climate Agreement, it is vital that digital transformation does not hinder net-zero emissions targets in the coming decades.

With the increased demand for electrical and electronic products comes huge opportunities for businesses operating within those industries. These opportunities should be consistent for all types of organisations, from multi-national corporations to self-employed workers. Companies offering repairs, spare parts and retailers of electronics are primed to grow over the next few years.

There will certainly be the scope for more home-based electronic repair businesses, and other similar ventures, increasing demand for workstation equipment like vices and tool kits. Offering screen, battery and hardware repairs could prove to be a lucrative and future-proof career option for many people in the years to come.

As the digital transformation of the world and industries continues, the next few years look to be very promising for the electrical and electronics industries. The time to capitalise on the digital future is now.