Case Study
Monday, April 20
03:30 PM - 04:00 PM
Live in Frankfurt
Less Details
This presentation explores the transformative potential of digitization in enhancing operational efficiency through effective change management. Focusing on power price prediction accuracy, we evaluate whether existing commercial tools are necessary or if simple machine learning (ML) models suffice for accurate forecasting. The discussion extends to the critical decision of whether to digitalize pre-existing processes or to innovate new workflows leveraging available digital technologies. We will also examine strategies for seamlessly integrating digitization into change management frameworks within operations, ensuring alignment with organizational goals. Additionally, we will identify potential failure points and challenges that may be faced during the implementation of digitization initiatives. The session will answer the following questions: