digitalization

Introduction

Digitalization refers to the integration of digital technologies into various aspects of life and business, transforming processes, enhancing efficiencies, and creating new opportunities. This concept spans multiple domains, including business, thermodynamics, information management, and more, reflecting its broad and transformative impact.

Key Insights

Definition and Scope of Digitalization:
- Digitalization involves the use of digital technologies to change business models, improve efficiencies, and create new value-producing opportunities .
Impact on Business Processes:
- Digitalization enhances business processes by integrating digital technologies, leading to improved decision-making and operational efficiencies .
Technological Integration:
- The convergence of social, mobile, analytics, and cloud computing (SMAC) technologies is driving innovation and digital transformation across various sectors .
Sector-Specific Applications:
- In thermodynamics, digitalization is transforming modeling and simulation through the availability of large datasets and the integration of machine learning with classical theories.
- The steel industry is leveraging digitalization to optimize production processes and enhance sustainability, necessitating continuous skill updates for the workforce.
- In chemical plants, digitalization has improved asset reliability, process control, maintenance practices, and safety metrics.
Challenges and Opportunities:
- Digitalization presents both opportunities and challenges, such as the need for continuous skill development and the potential for enhanced efficiencies in traditionally non-IT sectors like universities .
Cultural and Societal Impact:
- Digitalization affects personal and societal interactions, including smart homes, e-healthcare, smart mobility, and smart cities, transforming how individuals and communities engage with technology.

Conclusion

Digitalization is a transformative process that integrates digital technologies into various aspects of life and business, driving innovation, improving efficiencies, and creating new opportunities. It impacts multiple sectors, from business and thermodynamics to cultural institutions and societal interactions, presenting both opportunities and challenges that require continuous adaptation and skill development.

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Summary

Introduction

Key Insights

Conclusion

Sources and full results

Models for digitalization

Digitalization can enhance personal relationships, business models, and customer needs, resulting in new revenue and value-producing opportunities.

Digitalization in Thermodynamics

Digitalization in thermodynamics is transforming modeling and simulation techniques, with machine learning offering new perspectives when combined with classical thermodynamic theory.

Digitalization in Controlling

Digitalization in controlling improves and accelerates decisions within organizations, particularly benefiting controllers.

On the Relationship Between Information Management and Digitalization

Digitalization mainly deals with concepts, tasks, and methods covered by established information management frameworks, but also addresses new phenomena, requiring a separate research field and main teaching area in tertiary education.

Digitalization: Opportunity and Challenge for the Business and Information Systems Engineering Community

Digitalization offers opportunities for the Business and Information Systems Engineering community to engage in innovative research and increase visibility, but also presents challenges due to the discipline's long history of integrating digital technologies.

An outcome of expert-oriented digitalization of university processes

The expert-oriented digitalization model (EXOD) is a useful and adaptable tool for digitalizing university processes, enhancing their efficiency and effectiveness.

The Challenge of Digitalization in the Steel Sector

Digitalization in the steel sector can increase production efficiency and sustainability, but requires continuous workforce skill updates and technological advancements.

A New Wave of Digitalization

Digitalization has transformed industries and shifted consumer habits, enabling remote temperature adjustments and enhancing safety.

Expert-Oriented Digitalization of University Processes

The expert-oriented digitalization model (EXOD) is a useful and adaptable tool for digitalizing university processes, enhancing their core functions and promoting overall digitalization in higher education.

Why Digitize?

Digitization of cultural materials can offer benefits and cost reductions, but realistic expectations must be balanced with potential risks to collections and services.

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