Abstract
Digital transformation can be observed in business as well as in broader society, but we are far from having identified and defined all the issues and implications of this ongoing transformation and how it impacts on a traditional company. In an attempt to better understand this phenomenon and the changing role of IT that it brings with it, this article presents the field of energy efficiency as an example of the strategic implementation in the context of digital transformation.
In the first section, the Digital Economy trend will be presented in order to better understand to what extent this trend could be a key to the future of traditional industries on the macro level. The paper goes into more detail in the second section with the definition of digital transformation. Its dimensions will be addressed in order to better understand the inherent strategic impacts. Coming to the micro level of the plant in a manufacturing company then, the specific case of energy efficiency will be analyzed, which is supported by a patented process innovation based on digital technologies such as self-learning algorithms and hence on an increasing role of IT in the production area.
Finally, in order to encourage researchers and practitioners to advance in the field, future areas of interest are identified and further application fields are proposed as a conclusion to this article.
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Notes
- 1.
The term Digital Economy was introduced in [6].
- 2.
- 3.
You can find a definition of the Cyber Physical Twins and other Primary IT Trends in [22].
- 4.
Also called “latecomer industries” by Kohli and Johnson in R. Kohli, S. Johnson, Digital Transformation in Latecomer Industries: CIO and CEO Leadership Lessons from Encana Oil & Gas (USA) Inc., MISQ Executive Vol. 10 No. 4, December 2011.
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Benzerga, S., Hauf, D., Pretz, M., Bounfour, A. (2018). When Energy Revolution Meets Digital Transformation. In: Czarnowski, I., Howlett, R., Jain, L. (eds) Intelligent Decision Technologies 2017. IDT 2017. Smart Innovation, Systems and Technologies, vol 73. Springer, Cham. https://doi.org/10.1007/978-3-319-59424-8_7
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