The Impact of Digital Transformation on Business Models and Competitive Advantage

Agustian, Kresnawidiansyah; Mubarok, Endang Saefuddin; Zen, Agustian; Wiwin, Wiwin; Malik, Aulia Januar

doi:10.61100/tacit.v1i2.55

Cited by 29 publications

(15 citation statements)

References 47 publications

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“…This marked propensity for digital integration is consistent with modern corporate practices, where technology is used to spur innovation, efficiency, and competitive advantage(Saarikko et al, 2020). The outcome is consistent with the widespread agreement that digital transformation is not a luxury but a must in today's fast-paced business climate (Agustian et al, 2023) for survival. In addition, embracing digital technology will have a revolutionary effect on organizational structures, processes, and business models, paving the way for increased competitiveness and sustainability in the long term.…”

Section: Resultssupporting

confidence: 81%

Enhancing Supply Chain Resilience Through Digital Integration: A Case Study of Moroccan Businesses

Fatih,

Junejo

2024

CJMS

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This study examines Moroccan enterprises' digital transformation and supply chain resilience. To adapt to changing market situations, we examine digital integration attitudes and approaches. The results demonstrate that digital technologies are increasingly essential to corporate operations, responding strategically to market changes and strengthening supply chain resilience. This study offers a fresh perspective after the COVID-19 pandemic exposed global supply chain flaws. Digital technologies, remote supplier relationship management, and data security's rising importance in supply chain security are examined. Detailed supply contract analysis and supplier diversification are also critical. Health, safety, and operational continuity are stressed in this context, and effective staff management is essential to solving modern problems. Combining theoretical foundations with empirical investigation, this research examines digital integration and supply chain resilience. It advises Moroccan firms to enhance their defences against possible attacks. Digital transformation and strategic measures may help firms survive and thrive in today's dynamic business climate while maintaining a stable supply chain.

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Section: Resultssupporting

confidence: 81%

Enhancing Supply Chain Resilience Through Digital Integration: A Case Study of Moroccan Businesses

Fatih,

Junejo

2024

CJMS

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“…It helps to create entirely new ways of working. Conversely, a company may face fierce competition and be unable to survive in today's market (Agustian et al, 2023;Ginting et al, 2023). Digitalisation has a significant impact on the modern market and transforms it deeply, leading to the speed of change as one of its key characteristics.…”

Section: Literature Reviewmentioning

confidence: 99%

Business Innovations and Digital Transformation: Trend, Comparative and Bibliometric Analysis

Ponomarenko,

Kovalov,

Melnyk

2024

BEL

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The rapid development of digital technologies, digital transformation, business innovation, and the emergence of such technologies as artificial intelligence, blockchain, the Internet of Things provides significant potential for transforming business processes and creating new innovative models. The trend analysis conducted in this article (using the Google Trends tool) around the world for 2009-2023 showed that public interest in “business innovation” was almost constant until 2021 (according to the GT Scale, it ranged from 0.25 to 0.5). After 2021, it increased (according to the GT Scale, it was more than 0.5). At the same time, public interest in “digital transformation” has significantly increased since 2014, reaching almost maximum values in 2020-2023 (0.75 – 1.00 on the GT Scale). This confirms a growing need in society to acquire new knowledge related to the ability of businesses to adapt to digital transformation, including through creating innovative developments. Unlike trend analysis, bibliometric and comparative analyses identify trends in developing interest in this topic not among ordinary citizens – users of the Google search platform ‒ but among scientists who publish the results of their research either in monographs or in authoritative peer-reviewed scientific journals indexed by leading scientometric databases. The comparative analysis conducted in the article using the Google Books Ngram Viewer (Google) tool, which displays the frequency of references to relevant terms in English-language books for 2009-2019 worldwide, showed similar trends: the persistence of scholars’ attention to business innovation, while their interest in digital transformation is growing: in 2009-2013 – a slight increase, in 2013-2019 ‒ a significant increase. In the bibliometric analysis, a five-level mechanism for limiting the research sample was applied: only English-language and most recent (for 2018-2022) scientific articles indexed by the Scopus database in the subject area of Business, Management and Accounting were subject to analysis. Based on these limitations, the research sample for the keyword “digital transformation” was reduced from 12131 to 1700 papers, and for “business innovation” from 865 to 70. The analysis of the published articles, their views and citations, carried out using the SciVal tool, fully confirmed the conclusions drawn from the trend and comparative analysis results. In terms of digital transformation, the leaders in terms of the number of papers and the number of views are Germany, Italy, the UK and the US; in terms of citations – the UK, Germany, the US, and in terms of individual scientists – Brazil and Germany. As for the topic of business innovation, the United States is the undisputed leader in all these parameters, followed by China and the United Kingdom. Some scientists from Germany and Spain also attract the attention of the academic community (in terms of views and citations). Changes in trends and research priorities in each of the studied topics were identified and described using SciVal (analysis of the reference dynamics to the top 50 keywords in articles for 2018-2023). For example, in 2023, compared to 2022, scientific interest in issues related to “value creation” (+61.5%), “incumbents” (+66.7%), “service economy” (+83.3%), “digital marketing” (+75.0%), and “design thinking” (+150.0%) increased the most. VOSviewer software made it possible to cluster the scientific work by thematic areas. The largest cluster on digital transformation relates this concept to small and medium-sized businesses and technologies, and the largest cluster on business innovation relates it to the development of small and medium-sized enterprises and the protection of property rights.

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“…The digital era reflects a period in which information and communication technology, especially the internet, has a significant impact on various aspects of human life, including communication, work, shopping, and accessing information (Agustian et al, 2023). In this era, digital technology has fundamentally changed how we interact with the world, enabling instant, global, and geographically unlimited information exchange (Suherlan, 2023).…”

Section: Digital Eramentioning

confidence: 99%

The Influence of Community Support on the Sustainability of MSMEs in the Digital Era

Metris,

Kraugusteeliana,

Amory

et al. 2024

J.Tirakat

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With the advancement of technology and internet penetration, the Micro, Small, and Medium Enterprises (MSMEs) sector has undergone significant changes. The digital era presents new opportunities and challenges for MSMEs, enabling them to leverage technology to enhance productivity, marketing, and market access. This research aims to contribute additional insights to the existing literature, focusing on the sustainability of MSMEs amidst the dynamics of the digital era. The study adopts a qualitative approach with an emphasis on literature review, drawing data from Google Scholar during the period 2009 to 2023. The findings indicate that community support plays a crucial role in maintaining the sustainability of Micro, Small, and Medium Enterprises (MSMEs) in the digital era. Awareness of the importance of local products, financial support through investment and crowdfunding, and social support in the form of promotion and active participation form a strong foundation for MSME growth. The strong bond between MSMEs and the community creates an environment in which MSMEs can develop and compete effectively in the dynamic digital market.

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The Impact of Digital Transformation on Business Models and Competitive Advantage

Cited by 29 publications

References 47 publications

Enhancing Supply Chain Resilience Through Digital Integration: A Case Study of Moroccan Businesses

Enhancing Supply Chain Resilience Through Digital Integration: A Case Study of Moroccan Businesses

Business Innovations and Digital Transformation: Trend, Comparative and Bibliometric Analysis

The Influence of Community Support on the Sustainability of MSMEs in the Digital Era

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