Event Date/Time: December 12, 2024, 12pm EST
Speaker Name: Michael Schank
Presentation Title: Digital Twins leverage AI to drive operational excellence
Presentation Abstract:
Digital Twins are a powerful tool in driving operational excellence by leveraging AI-driven, real-time insights and
simulations of business processes. A Digital Twin is a virtual model of the real-world environment, which, when
combined with an AI-backed engine, can analyze multiple signals within your business to ensure consistent execution,
optimal performance, and efficiency. While this solution has been primarily deployed in physical environments like
manufacturing, for it to thrive in non-physical environments—such as financial services and back-office functions—a
comprehensive model is required to connect the dots, uncover inefficiencies, redundancies, and hidden challenges. A
robust Process Inventory is the key to building this model.
Speaker Bio:
Michael is a distinguished thought leader and executive, specializing in addressing Digital Transformation and
Operational Excellence challenges through his innovative, process-based framework. With over 25 years of
experience in the Financial Services industry, he has primarily served as a management consultant,
empowering clients with forward-thinking solutions in technology, process, and risk and spearheading large-
scale business and digital transformations. Michael brings a powerful combination of superior sales and
delivery skills, having personally sold and delivered over $100M in transformation services. He is the author of
the book, ‘Digital Transformation Success,’ in which he introduces his groundbreaking Process Inventory
framework. This promises to be a transformative approach to achieving success in the digital era, unlocking
unprecedented levels of operational efficiency and strategic alignment. The book is available on Amazon.