“Successful digital transformation is like a caterpillar turning into a butterfly. It’s still the same organism, but it now has superpowers,” says George Westerman, a research scientist at the MIT Center for Digital Business. When digital transformation is done wrong, however, “all you have is a really fast caterpillar,” he points out, “and it’s hard to keep up with your competitors if you’re crawling ahead while they can fly.” The transformation of a building into a smart building can also be seen like the caterpillar’s metamorphosis into a butterfly. Like an old, dumb building, the caterpillar has all the basic functions for life. The butterfly on the other hand, like a smart building, has advanced features that allow the creature to soar to new heights, capture more desirable targets, and dominate their environment. Poor integration of smart technologies, however, only creates a dumb building with smart features – like a butterfly that can’t fly. In […]