Open Access Journal

ISSN : 2394-2320 (Online)

International Journal of Engineering Research in Computer Science and Engineering (IJERCSE)

Monthly Journal for Computer Science and Engineering

Open Access Journal

International Journal of Engineering Research in Computer Science and Engineering (IJERCSE)

Monthly Journal for Computer Science and Engineering

ISSN : 2394-2320 (Online)

Digitization Era– How the Manufacturing Sector Can Change Its Rationale

Author : D Saravanan 1 Amarjeet Kaur 2

Date of Publication :20th September 2017

Abstract: Nearly all uses connected devices, shares information, and builds a network according to specific expectations or desires. The automated cycle is evolving. Anything similar is happening in an industrial environment. For example, the IT and tech sectors in deeply connected economies are already coordinated. Within communities, an organization may play various strategic positions that affect the business strategy of an enterprise. If the company understands this, after evaluating its role in the current environment it can change its approach. A business model is used to execute the approach. This business model will effectively change the role of the enterprise in the environment and will enable digitization to be carried out. The traditional manufacturing industry will change as well. There is therefore a need to combine the transition in business dynamics into strategic decisions, so that they are competitive in the future. The article addresses an approach to handling these changes in the context of the enterprise. The environment concept is carried on to the manufacturing sector. A framework for a clear integration of an environment organization was suggested on the basis of this transition and review.

Reference :

    1. D. Paulus-Rohmer, H. Schatton, and T. Bauernhansl, ―Ecosystems, Strategy and Business Models in the age of Digitization - How the Manufacturing Industry is Going to Change its Logic,‖ in Procedia CIRP, 2016
    2. Cristene, ―The future of manufacturing is Cognitive.,‖ Medium, 2016. .
    3. L. Wong and Y. Chandra, ―Service Leadership Education Embedded in a Social Innovation and Entrepreneurship Framework,‖ 2015.
    4. L. E. Eskildson, ―(6/2010) Foxconn’s Wealth Growing, Workers Sinking,‖ McClatchy - Tribune Business News, 2010.
    5. W. Chae and P. S. Yang, ―China, World Economy and Korea-China Economic Cooperation,‖ SSRN Electron. J., 2013.
    6. C. Loebbecke and A. Picot, ―Reflections on societal and business model transformation arising from digitization and big data analytics: A research agenda,‖ J. Strateg. Inf. Syst., 2015.
    7. S. P. Bhavnani, J. Narula, and P. P. Sengupta, ―Mobile technology and the digitization of healthcare,‖ European Heart Journal. 2016.
    8. D. R. Desai, ―The new steam: On digitization, decentralization, and disruption,‖ Hastings Law J., 2014.
    9. A. Mattila, ―The future educator skills in the digitization era: Effects of technological development on higher education,‖ in Proceedings - 2015 5th International Conference on e-Learning, ECONF 2015, 2016.
    10. A. PORTILLA, J. VAZQUEZ, H. HARREIS, L. PANCALDI, K. ROWSHANKISH, and H. SAMANDARI, ―The Future of Risk Management in The Digital Era,‖ Inst. Int. Financ. McKinsey Company, Inc., 2017.
    11. J. Roy, ―Secrecy, security and digital literacy in an era of meta-data: Why the Canadian westminster model falls short,‖ Intell. Natl. Secur., 2016.
    12. S Balamurugan, N Divyabharathi, K Jayashruthi, M Bowiya, RP Shermy, R Shanker, "Internet of agriculture: Applying IoT to improve food and farming technology," International Research Journal of Engineering and Technology (IRJET), Volume 3 issue 10, pp.713-719, e-ISSN: 2395 -0056, p-ISSN: 2395-0072, 2016

Recent Article