Digital Transformation Modelling in the Context of Slowbalization

The World ◽

Basic Level ◽

The Revolution

The world stands on the precarious edge of an innovative transformation that will on a very basic level modify the manner in which we live, work, and identify with each other. In its scale, degree, and unpredictability, the change will be not normal for anything mankind has encountered previously. We don't yet know exactly how it will unfurl, however one thing is clear: the reaction to it should be incorporated and exhaustive, including all partners of the worldwide nation, from the general population and private segments to the scholarly community and common society. It is The Fourth Industrial Revolution, the digital revolution. The digital revolution has opened way for many impacts. All of the emirates are experiencing the effects of the “Fourth Industrial Revolution.” This revolution reflects the velocity, scope, and systems impact of a digital transformation that is changing economies, jobs, and work as it is currently known. Characteristics of the revolution include a fusion of technologies across the physical, digital, and biological spheres.

Advances in Business Information Systems and Analytics - Innovative and Agile Contracting for Digital Transformation and Industry 4.0 ◽

Digital Transformation and Industry 4.0

10.4018/978-1-7998-4501-0.ch001 ◽

2021 ◽

pp. 1-17

Author(s):

Hanaa Abdulraheem Yamani ◽

Waleed Tageldin Elsigini

Keyword(s):

Customer Service ◽

Industry 4.0 ◽

Industrial Revolution ◽

Digital Transformation ◽

Industrial Companies ◽

The Future ◽

Information And Communication ◽

Definition Of

The current era is witnessing many changes on various levels. The information and communication revolutions are considered one of the important changes which has cast a shadow over how different institutions in society work via the phenomenon of digitization. As some of the most important institutions of society, industrial companies have been responding to this phenomenon of digital transformation to improve products and customer service while achieving a significant profitable return. This response by these institutions to the digital transformation has resulted in the emergence of the so-called fourth industrial revolution. In this context, this chapter reviews the definition of digital transformation as well as its dimensions, benefits, and obstacles. It also comments on the future of digital transformation and its relationship with industry. Ultimately it presents the fourth industrial revolution in terms of its definition, history, criteria, benefits, and the challenges it faces moving into the future.

Professional Training in Tourism for the Fourth Industrial Revolution

Research Anthology on Cross-Industry Challenges of Industry 4.0 ◽

10.4018/978-1-7998-8548-1.ch085 ◽

2021 ◽

pp. 1699-1710

Author(s):

Rosa María Rivas García ◽

Jésica Alhelí Cortés Ruiz

Keyword(s):

Industry 4.0 ◽

Professional Training ◽

Industrial Revolution ◽

Export Sector ◽

The World ◽

Tourism Professionals ◽

World Tourism Organization ◽

The Subject ◽

Tourism Organization

At present, the World Tourism Organization indicates that, as a worldwide export category, tourism occupies the third position, behind chemical and fuel products and ahead of the automotive industry. In many developing countries, tourism is the main export sector. Therefore, the purpose of this chapter is to propose an approach to the training of tourism professionals for the fourth industrial revolution, so this chapter proposes an approach to educational competencies in the training of tourism professionals for Industry 4.0 with a focus in sustainable development; initially, the subject of educational competencies in higher education will be described, since derived from these, professional competencies are achieved. Next, the exploration of the concepts of intellectual capital, tourism, and the fourth industrial revolution will be shown; to conclude the authors show the relation of the thematic axes.

The analysis of the digital transformation trends in the Ukrainian economy

VUZF Review ◽

10.38188/2534-9228.21.4.15 ◽

2021 ◽

Vol 6 (4) ◽

pp. 136-144

Author(s):

Hanna Snopenko ◽

Olga Balueva ◽

Olena Tanchyk

Keyword(s):

Development Strategy ◽

Business Models ◽

Business Processes ◽

Industrial Revolution ◽

Digital Economy ◽

Digital Transformation ◽

New Production ◽

Digital World ◽

The consistent evolution of technology around the world creates new production tools and opportunities for different economic agents. As a result, new economic structures are emerging as a result of industrial revolutions. Today, the digital economy is seen as the backbone of the fourth industrial revolution, as there is a clear shift in the underlying technology and signs of a technological and economic paradigm shift. The current stage of the industrial revolution is associated with the Internet communication technologies development, which has significantly changed the technology of business processes and has been called "digitalisation". Thus, the fourth industrial revolution and the third wave of globalisation are based on the digital economy. The article explores trends in the development of the Ukrainian economy under the influence of ubiquitous digitalisation. Digital transformation changes traditional business models of organisations, allowing them to occupy profitable niches in global markets, raising the prestige of business and the state as a whole. In today's environment, the level of digitalisation illustrates the degree of companies' competitiveness and is a determining factor in development strategy. To analyse the processes of digitalisation and determine the place of Ukraine in the digital world, the article identifies and describes four zones of digital transformation, which are particular to the world economies. It is determined that Ukraine has fallen into a zone of prospective economies, where digital infrastructure is limited. Still, digital development is accelerating, indicating the potential for digitalisation to flourish, which will benefit economic recovery from the COVID-19 pandemic and long-term transformation. Ukraine's integral digital transformation index score is placed at 2.81 out of a possible 5 in 2021. It was determined that the main barriers to the digital transformation development in Ukrainian business include ineffective legislation, insufficient funding and low digital literacy of the population. However, the highest score among the index components was given to companies' overall level of digital transformation. A positive result of the survey is confirmation of increased investment in the digital technologies development in Ukraine: priority investments in this area include customer interaction, data analytics and HR management.

INDUSTRY 4.0 and TURKEY

Business And Management Studies An International Journal ◽

10.15295/bmij.v7i1.1038 ◽

2019 ◽

Vol 7 (1) ◽

pp. 24-41

Author(s):

Esra YAŞAR ◽

Tuba ULUSOY

Keyword(s):

Product Quality ◽

Industry 4.0 ◽

Industrial Revolution ◽

Production Costs ◽

International Competition ◽

Smart Factory ◽

Survey Technique ◽

In 2011, Germany kicked off the Fourth Industrial Revolution (Industry 4.0) to empower its economy. Since then, revolutionary changes have been implemented all over the world, increasing international competition. Smart-factory capabilities emerging from Industry 4.0 have many benefits such as lowering production costs of existing factories and increasing product quality. However, with such revolutionary changes, an orientation period is required for any implementer. To efficiently manage such an orientation period, the extant situation must first be analyzed. Only then should the necessary changes and innovations be applied. In this study, Turkey’s Industry 4.0 adoption opportunities are evaluated by using a survey technique that analyzes extant situations and potential results.

Transformation of the world job market in the conditions of the Fourth Industrial Revolution

Политика и Общество ◽

10.7256/2454-0684.2021.2.36764 ◽

2021 ◽

pp. 8-28

Author(s):

Elena Viktorovna Shirinkina

Keyword(s):

Industry 4.0 ◽

Business Models ◽

Industrial Revolution ◽

Job Market ◽

Scientific Publications ◽

Job Management ◽

Business News ◽

The World ◽

The Impact

The relevance of this research is substantiated by the fact that the world job market is currently under the influence of the Fourth Industrial Revolution (Industry 4.0). The goal lies in assessing the impact of cyclic and unexpected trends upon the job market, and thus, the forms of job management and employment functions. In this regard, analysis is conducted on the academic theories in the context of conceptualization of the impact of Industry 4.0 upon the job market and employment functions. The long-term trends in transformation of the job market are determined. The empirical basis of this research is comprised of the statistical data provided by Rosstat and the Ministry of Science and Higher Education of the Russian Federation, as well as the resources of analytical articles and scientific publications, including the materials of international organizations, leading consulting companies, global associations, leading educational institutions, other active participants of global educational environment, and job market experts. An overview is given to the trends that affect the companies, their strategies and business models; the impact of such trends upon the transformation of current professions and the emergence of new professions; skills required for these professions. The scientific novelty lies in substantiation of the concept of skill-biased technical change (SBTC) and the theory of routine-biased technological change (RBTC). The presented materials would allow the companies to combine business news with fundamental training of specialists for going along the new career trajectiory in light of the new technological challenges, which defines the practical value of this research.

Critical Issues Impacting Science, Technology, Society (STS), and Our Future - Advances in Human and Social Aspects of Technology ◽

Impact of Industry 4.0 Revolution on Science, Technology, and Society (STS)

10.4018/978-1-5225-7949-6.ch001 ◽

2019 ◽

pp. 1-20

Author(s):

Tuba Ulusoy ◽

Esra Yasar ◽

Mehmet Aktan

Keyword(s):

Industry 4.0 ◽

Industrial Revolution ◽

Service Systems ◽

Trade Fair ◽

Technology And Society ◽

Technological Unemployment ◽

Science Technology ◽

The Industry 4.0 concept, which leads the Fourth Industrial Revolution, was introduced by Germany in 2011 at the Hannover Messe trade fair and attracted the attention of the world. Since that time, its effects have been seen in different fields, such as science, technology, and society. In this chapter, in order to investigate the effects of Industry 4.0 revolution, answers to the following questions will be presented: Are there any concerns about technological unemployment as a result of Industry 4.0. revolution? Which professions have emerged? How has Industry 4.0 affected society directly or indirectly? What are the technologies of this concept? How do these technologies affect manufacturing and service systems? What are the challenges of implementing the technologies of Industry 4.0? What are the benefits of digitalized manufacturing? Which studies are conducted to accelerate the shift of Industry 4.0 from science to reality? and Which studies have been conducted so far about this concept?

Technological Developments in Industry 4.0 for Business Applications - Advances in Logistics, Operations, and Management Science ◽

Digital Transformation in the Utilities Industry

10.4018/978-1-5225-4936-9.ch013 ◽

2019 ◽

pp. 304-330 ◽

Cited By ~ 1

Author(s):

Marcelo Teixeira de Azevedo ◽

Alaide Barbosa Martins ◽

Sergio Takeo Kofuji

Keyword(s):

Industry 4.0 ◽

Industrial Revolution ◽

Treatment Plant ◽

Water Treatment Plant ◽

Digital Transformation ◽

Efficient Management ◽

Industrial Internet ◽

Management Of Resources ◽

Third Industrial Revolution

Nowadays, there is a digital transformation in industry, which is being referred to as a new revolution, known as the fourth industrial revolution. Today, we are in the fourth industrial revolution, which strongly supports itself at enabling technologies, such as: Internet of Things (IoT), big data, cyber-physical systems (CPS) and cloud computing. These technologies are working cooperatively to promote a digital transformation in the forms of: Industry 4.0, Industrial Internet Consortium and Advanced Manufacturing. To meet these needs and as a proof of concept, a platform for digital transformation for a water issue is proposed with the objective of achieving an efficient management of resources linked to rational use of water. For the platform definition, a survey was performed of the process of a water treatment plant from the third industrial revolution and improved the process by applying the concepts of digital transformation to improve the new platform.

Change Management, Organizational Adaptation, and Labor Market Restructuration

10.4018/978-1-6684-3374-4.ch001 ◽

2022 ◽

pp. 1-21

Author(s):

Charis Vlados ◽

Theodore Koutroukis ◽

Dimos Chatzinikolaou

Keyword(s):

Labor Market ◽

Change Management ◽

Structural Changes ◽

Industrial Revolution ◽

Organizational Adaptation ◽

Working Environment ◽

Organizational Resilience ◽

Foreseeable Future ◽

The recent transformation caused by the COVID-19 pandemic crisis drives the world economy to an accelerated mutation. This chapter focuses on how the current developments affect the various socioeconomic organizations and systems and how they can adapt to this new emerging reality. To this end, relevant forecasts on the current pandemic crisis are examined. Τhis crisis seems to cause the acceleration of the Fourth Industrial Revolution, functioning as a catalyst of the structural changes also observed in the working environment. The chapter suggests that all socioeconomic organizations (irrespectively of their size, spatial reach, and sectorial focus) are called upon nowadays to readjust themselves and that innovation is the fundamental generator for exiting the ongoing structural crisis. However, innovation unavoidably creates significant changes that socioeconomic organizations must manage effectively in the foreseeable future, according to a new way of perceiving organizational resilience and adaptability for the post-COVID-19 era.

Impact of Industry 4.0 Revolution on Science, Technology, and Society (STS)

Research Anthology on Cross-Industry Challenges of Industry 4.0 ◽

10.4018/978-1-7998-8548-1.ch002 ◽

2021 ◽

pp. 21-36

Author(s):

Tuba Ulusoy ◽

Esra Yasar ◽

Mehmet Aktan

Keyword(s):

Industry 4.0 ◽

Industrial Revolution ◽

Service Systems ◽

Trade Fair ◽

Technology And Society ◽

Technological Unemployment ◽

Science Technology ◽

The Industry 4.0 concept, which leads the Fourth Industrial Revolution, was introduced by Germany in 2011 at the Hannover Messe trade fair and attracted the attention of the world. Since that time, its effects have been seen in different fields, such as science, technology, and society. In this chapter, in order to investigate the effects of Industry 4.0 revolution, answers to the following questions will be presented: Are there any concerns about technological unemployment as a result of Industry 4.0. revolution? Which professions have emerged? How has Industry 4.0 affected society directly or indirectly? What are the technologies of this concept? How do these technologies affect manufacturing and service systems? What are the challenges of implementing the technologies of Industry 4.0? What are the benefits of digitalized manufacturing? Which studies are conducted to accelerate the shift of Industry 4.0 from science to reality? and Which studies have been conducted so far about this concept?