Digital Transformation: New Drivers and New Risks

Dokuchaev, V. A.

doi:10.1109/emctech49634.2020.9261544

Cited by 6 publications

(5 citation statements)

References 4 publications

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“…Consequently, companies included in this research concentrate on developing automated systems to future-proof their operations while addressing external challenges like skilled labor shortages. In contrast to the findings from some previous studies (Cirjevskis 2022;Dokuchaev 2020), most participants (except for E2) did not think that new technologies were the main drivers of DT in their companies.…”

Section: Discussioncontrasting

confidence: 97%

“…For instance, it underscored the scarcity of skilled labor and identified long-term competitiveness as a prominent external factor influencing the adoption of DBT (Manyika et al 2023;Soto-Acosta 2020). On the other hand, some of the findings from previous studies (Cirjevskis 2022;Dokuchaev 2020) were challenged by the results of this research. As an example, the majority of interviewees did not consider new technologies to be the primary catalysts for digital transformation in their respective companies.…”

Section: Discussionmentioning

confidence: 66%

“…A multitude of emerging technologies compel companies to reconfigure their traditional operational models. These technologies encompass machine learning, artificial intelligence, virtual reality, IoT, blockchain, and more (Dokuchaev 2020;Miklosik and Evans 2020). Intelligent applications are also gaining wide acceptance (Dokuchaev 2020), incl.…”

Section: Literature Reviewmentioning

confidence: 99%

“…These technologies encompass machine learning, artificial intelligence, virtual reality, IoT, blockchain, and more (Dokuchaev 2020;Miklosik and Evans 2020). Intelligent applications are also gaining wide acceptance (Dokuchaev 2020), incl. ML-and AI-powered apps such as chatbots (Miklosik et al 2021).…”

Section: Literature Reviewmentioning

confidence: 99%

“…The surge in remote work also drove a notable increase in the use of video and audio conferencing, necessitating investments in technological infrastructure, including bandwidth expansion, network equipment, and software for cloud services (De' et al 2020). Cloud services have already been identified as pivotal drivers of DT in the past (Abolhassan 2017;Dokuchaev 2020;Reinking 2017;Strecker and Kellermann 2017). Lockdown measures led to a substantial upswing in the utilization of internet-based services, resulting in internet traffic during lockdown periods surging to levels 25 to 30% higher than usual (Branscombe 2020).…”

Section: Literature Reviewmentioning

confidence: 99%

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Pinpointing the Driving Forces Propelling Digital Business Transformation

Miklosik,

Krah

2023

JRFM

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Comprehending the motivating factors that drive Digital Business Transformation (DBT) is crucial for cultivating success in DBT initiatives. The objective of the research outlined in this paper was to pinpoint and categorize the factors that inspire companies to embark on the DBT journey. Through qualitative analysis, employing expert interviews as the method, the authors extracted the necessary information to address three key research questions: (i) What are the external drivers of DBT in the plastic extrusion machine industry? (ii) Which internal factors are driving DBT in these companies? (iii) Is there anything else significantly impacting the DBT initiatives? The identified driving forces propelling DBT in German businesses within this industry include external factors: skill shortage, social impact, COVID-19, supply bottlenecks, competitiveness, and customer requirements; internal factors: cost reduction, process acceleration, efficiency increases, and time savings; and mixed factors: attitude of young people, basic education, and work–life balance. The insights derived from this research enhance the understanding of the circumstances and dynamics of traditional companies across other Western European countries. Our findings enrich the existing theory by presenting a distinctive threefold categorization of the drivers behind DBT, providing unique insights into the factors propelling the advancement of DBT initiatives.

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Section: Discussioncontrasting

confidence: 97%