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Scientific Article details

Title Digitalization and the global technology trends
ID_Doc 70941
Authors Ignat, V
Title Digitalization and the global technology trends
Year 2017
Published
DOI 10.1088/1757-899X/227/1/012062
Abstract Digitalization, connected products and services, and shortening innovation cycles are widely discussed topics in management practice and theory and demand for new concepts. We analysed how companies innovated their business models and how are the new the technology trends. We found out, that have a positive approach to digitalization but the technology strategy still runs its original business model. Digitalization forces to new solution orientation. For companies it is necessary to master the digital transformation, new innovations have to be developed. Furthermore, digitalization / Industry 4.0 linking the real-life factory with virtual reality, will play an increasingly important role in global manufacturing. Companies have to obtain new digital capabilities, in order to make their company sustainable for the future. A long term growth and welfare in Europe could be guaranteed only by new technology innovation.
Author Keywords
Index Keywords Index Keywords
Document Type Other
Open Access Open Access
Source Conference Proceedings Citation Index - Science (CPCI-S)
EID WOS:000409221600062
WoS Category Engineering, Industrial; Materials Science, Multidisciplinary
Research Area Engineering; Materials Science
PDF https://iopscience.iop.org/article/10.1088/1757-899X/227/1/012062/pdf
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