https://oldena.lpnu.ua/handle/ntb/43905| Title: | Digitalization as a tool for providing competitive advantages to enterprises in the machine-building industry |
| Authors: | Tsvok, D. Toczynska, J. |
| Affiliation: | Lviv Politechnic National University Silesian University of Technology (Poland) |
| Bibliographic description (Ukraine): | Tsvok D. Digitalization as a tool for providing competitive advantages to enterprises in the machine-building industry / D. Tsvok, J. Toczynska // Economics, Entrepreneurship, Management. — Lviv : Lviv Politechnic Publishing House, 2018. — Vol 5. — No 1. — P. 23–30. |
| Bibliographic description (International): | Tsvok D. Digitalization as a tool for providing competitive advantages to enterprises in the machine-building industry / D. Tsvok, J. Toczynska // Economics, Entrepreneurship, Management. — Lviv : Lviv Politechnic Publishing House, 2018. — Vol 5. — No 1. — P. 23–30. |
| Is part of: | Economics, Entrepreneurship, Management, 1 (5), 2018 |
| Issue: | 1 |
| Volume: | 5 |
| Issue Date: | 10-Feb-2018 |
| Publisher: | Lviv Politechnic Publishing House |
| Place of the edition/event: | Lviv |
| UDC: | 658.821 621-028.63 |
| Keywords: | competitive advantage digitalization service-oriented business models |
| Number of pages: | 8 |
| Page range: | 23-30 |
| Start page: | 23 |
| End page: | 30 |
| Abstract: | In such a climate, competition becomes ever more fierce and manufacturers must seize every opportunity and competitive advantage they can find.Increasingly, such advantages–along with new threats of disruption–come from digital technologies. A critical element of manufacturing innovation will be in the form of new business models, particularly regarding services and value-added offerings. In effect, simply making a good product may no longer be enough. Increasingly, what happens after the product is sold looms ever larger. Machine builders that successfully leverage services are using them to drive disruptive new business models that, in effect, enable them to charge for business outcomes–such as plant uptime–just as they now charge for physical products sold as a capital investment.Companies that don’t harness services–by converging their service and digital journeys–will risk falling behind in a rapidly changing marketplace in which innovation and agility rule. The author considers digitalization as a basis for service-oriented business models and considers digitalization as a tool for ensuring the competitive advantages of machinebuilding enterprises. |
| URI: | https://ena.lpnu.ua/handle/ntb/43905 |
| ISSN: | 2312-3435 |
| Copyright owner: | © Національний університет "Львівська політехніка", 2018 |
| References (Ukraine): | 1. “European Manufacturing a ‘Powerful Engine for Growth'”, The Parliament, September 2014. 2. “Top 5 Manufacturing Economies: What Challenges are They Facing?” Euromonitor International, September 2014. 3. ‘Made in Germany’ Lies in the ‘Gutter’ After Volkswagen Caught Cheating”, Telegraph, Sept.21, 2015. 4. “Italy Outlook: New Challenges”, Moody’s Analytics, October 2015. 5. “France ‘Stuck in the Doldrums’ with Second Worst Factory Sector in the Eurozone”, The Telegraph, September 2015. 6. “U.K. May Not Be A Manufacturing Powerhouse Anymore, But Here’s Why Our Economy Can Still Thrive”, The Telegraph, September 2015. 7. “U.K. Manufacturers Urge George Osborne to Maintain Spending on Innovation”, The Guardian, November 2015. 8. Our survey respondents included 81 percent enduser manufacturers and 19 percent original equipment manufacturers. 9. “What Is Industrie 4.0 and What Should CIOs Do About It?” Gartner, May 2015. 10. “Harnessing Digital Innovation for Enhanced Customer Service”, Tata Consultancy Services,2014. 11. “Bringing Production and Services Together”, Tim Baines, Sunday Times Magazine, January2014. 12. “Digital Vortex: How Digital Disruption Is Remaking Industries”, Global Center for Digital Business Transformation, June 2015. 13. “The Rolls Royce of Effective Performance- Based Collaboration”, Maintenance Technology, June 2012. 14. “Rolls-Royce: Britain’s Lonely High Flyer”, The Economist, January 2009. 15. “The Ubiquity Shift: Smart Systems Disruption”, Harbor Research, 2013. 16. “Overcoming the Service Paradox in Manufacturing”, European Management Journal, December 2004. 17. “7 Things to Know About the Internet of Things and Industrie 4.0”, Moder Machine Shop, September 2015. 18. “Digital Vortex: How Digital Disruption Is Remaking Industries”, Global Center for Digital Business Transformation, June 2015. 19. Cisco defines “Value at Stake” as the potential bottom-line value (higher revenues and lower costs) that can be created or will migrate among companies and industries based on their ability to harness digital technologies. 20. “GE CEO Says Software, Analytics Are Path To Zero Unplanned Downtime”, GE Automation News, October 2014. 21. “7 Things to Know About the Internet of Things and Industrie 4.0”, Moder Machine Shop, September 2015. 22. “Global Manufacturing Outlook: Performance in the Crosshairs”, KPMG, 2014. 23. “GE Says Internet Connected Machines Are No Threat to Human Workers”, VentureBeat, October 2013. 24. “Overall Equipment Effectiveness”, Maintenance Assistance, 2015. 25. “Fast IT: Accelerating Innovation in the Internet of Everything Era”, Cisco, 2014. 26. Ten Ways Big Data Is Revolutionizing Manufacturing” Forbes, November 2014. 27. “A New Go-To-Market Model for the Industrial Internet”, Industry Week, October 2015. 28. “Take Digital to the Core: Harness Three Forces To Win in Digital Business”, Gartner, September2015. |
| References (International): | 1. "European Manufacturing a ‘Powerful Engine for Growth'", The Parliament, September 2014. 2. "Top 5 Manufacturing Economies: What Challenges are They Facing?" Euromonitor International, September 2014. 3. ‘Made in Germany’ Lies in the ‘Gutter’ After Volkswagen Caught Cheating", Telegraph, Sept.21, 2015. 4. "Italy Outlook: New Challenges", Moody’s Analytics, October 2015. 5. "France ‘Stuck in the Doldrums’ with Second Worst Factory Sector in the Eurozone", The Telegraph, September 2015. 6. "U.K. May Not Be A Manufacturing Powerhouse Anymore, But Here’s Why Our Economy Can Still Thrive", The Telegraph, September 2015. 7. "U.K. Manufacturers Urge George Osborne to Maintain Spending on Innovation", The Guardian, November 2015. 8. Our survey respondents included 81 percent enduser manufacturers and 19 percent original equipment manufacturers. 9. "What Is Industrie 4.0 and What Should CIOs Do About It?" Gartner, May 2015. 10. "Harnessing Digital Innovation for Enhanced Customer Service", Tata Consultancy Services,2014. 11. "Bringing Production and Services Together", Tim Baines, Sunday Times Magazine, January2014. 12. "Digital Vortex: How Digital Disruption Is Remaking Industries", Global Center for Digital Business Transformation, June 2015. 13. "The Rolls Royce of Effective Performance- Based Collaboration", Maintenance Technology, June 2012. 14. "Rolls-Royce: Britain’s Lonely High Flyer", The Economist, January 2009. 15. "The Ubiquity Shift: Smart Systems Disruption", Harbor Research, 2013. 16. "Overcoming the Service Paradox in Manufacturing", European Management Journal, December 2004. 17. "7 Things to Know About the Internet of Things and Industrie 4.0", Moder Machine Shop, September 2015. 18. "Digital Vortex: How Digital Disruption Is Remaking Industries", Global Center for Digital Business Transformation, June 2015. 19. Cisco defines "Value at Stake" as the potential bottom-line value (higher revenues and lower costs) that can be created or will migrate among companies and industries based on their ability to harness digital technologies. 20. "GE CEO Says Software, Analytics Are Path To Zero Unplanned Downtime", GE Automation News, October 2014. 21. "7 Things to Know About the Internet of Things and Industrie 4.0", Moder Machine Shop, September 2015. 22. "Global Manufacturing Outlook: Performance in the Crosshairs", KPMG, 2014. 23. "GE Says Internet Connected Machines Are No Threat to Human Workers", VentureBeat, October 2013. 24. "Overall Equipment Effectiveness", Maintenance Assistance, 2015. 25. "Fast IT: Accelerating Innovation in the Internet of Everything Era", Cisco, 2014. 26. Ten Ways Big Data Is Revolutionizing Manufacturing" Forbes, November 2014. 27. "A New Go-To-Market Model for the Industrial Internet", Industry Week, October 2015. 28. "Take Digital to the Core: Harness Three Forces To Win in Digital Business", Gartner, September2015. |
| Content type: | Article |
| Appears in Collections: | Economics, Entrepreneurship, Management. – 2018. – Vol. 5, No. 1 |
| File | Description | Size | Format | |
|---|---|---|---|---|
| 2018v5n1_Tsvok_D-Digitalization_as_a_tool_for_23-30.pdf | 227.81 kB | Adobe PDF | View/Open | |
| 2018v5n1_Tsvok_D-Digitalization_as_a_tool_for_23-30__COVER.png | 364.63 kB | image/png | View/Open |
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