Why Startup Companies Need a Digital Foundation to Ensure Success
External factors in the marketplace:
• Eco-friendly regulations
• Supply chain disruptions
• The emergence of new business models
To ensure success startup companies should be open to adopting change, addressing short comings early in the process and adjusting strategies along the way. Building a digital twin across engineering domains is key. With continuous changes to a tool, process or organizational structure, minimizing setbacks will be crucial to survival.