Smart Business and Digital Transformation

ISBN 10: 1032486937 ISBN 13: 9781032486932
Published by Routledge, 2023
New Soft cover

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Synopsis:

Beginning in the mid-2010s, the Fourth Industrial Revolution has seen remarkable changes in information technology that have blurred the boundaries between the physical, digital and biological worlds. Industry 4.0 has enabled so-called smart factories in which computer systems equipped with machine learning algorithms can learn and control robotics with minimal need for human input. While smart technology has enabled many manufacturing businesses to increase efficiency and cut costs, many others are still struggling with implementing it.

This book aims to help students, practitioners and industry leaders to become change agents and take their first steps on the path of transformation. Smart Business and Digital Transformation addresses the challenge of becoming "smart" from three different perspectives: smart factory, smart industry and smart environment. Covering technologies including the Internet of Things (IoT), cloud, artificial intelligence (AI), mobility, 5G and big data analytics, the book shows how enterprises can take advantage of them and ultimately beat the competition. The book considers the importance of operational processes, business models and organisational culture. The contributing authors and editors, based at Corvinus University, present a multidimensional picture of Industry 4.0 which is both diverse in its voices and unified in its vision. Smart Business and Digital Transformation meets the growing demand for a textbook that not only presents the latest concepts and theories but is also practical for planning, managing and implementing digital transformation in practice.

The chapters include case studies to demonstrate the practical applications, and each chapter ends with review and discussion questions to develop students’ skills and competencies. Students of business and digital transformation on advanced undergraduate and MBA courses will find it an indispensable guide to a vibrant and challenging topic.

About the Author:

Sándor Gyula Nagy, PhD, is Full Professor and the Director of the Research Centre for Supplier and Industrial Development, Corvinus University of Budapest, Hungary.

Tamás Stukovszky, PhD, is research fellow at the Research Centre for Supplier and Industrial Development of the Corvinus University of Budapest, Hungary.

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Bibliographic Details

Title: Smart Business and Digital Transformation
Publisher: Routledge
Publication Date: 2023
Binding: Soft cover
Condition: New

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