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Digital Transformation in Manufacturing Enterprises: Unveiling the Path to Innovation and Efficiency
- 1 Faculty of Natural, Kings College London, London, United Kingdom, WC2R 2LS
* Author to whom correspondence should be addressed.
Abstract
Abstract: With the development and advancement of technology, the manufacturing industry has undergone a major transformation in recent years. The emergence of digital transformation has become a defining force in the global manufacturing landscape, reshaping traditional paradigms and driving companies toward greater efficiency and innovation. This study delves into the far-reaching impact of digitalization on manufacturing companies, combining a comprehensive analysis of several Chinese companies. By seamlessly integrating advanced digital technologies such as the Internet of Things, big data analytics and artificial intelligence into traditional manufacturing processes, companies are opening up new realms of productivity and competitiveness. However, the road to digital integration is challenging, and companies need to deal with technical challenges and organizational resistance. This study illuminates the path for manufacturing companies to thrive in digitalization through empirical insights and strategic recommendations. By fostering a culture of innovation, optimizing productivity and expanding market reach, digital transformation becomes a key underpinning for sustainable growth in manufacturing.
Keywords
Keywords: Digital transformation, Manufacturing enterprises, Innovation, Efficiency
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Cite this article
Xiao,X. (2024).Digital Transformation in Manufacturing Enterprises: Unveiling the Path to Innovation and Efficiency.Advances in Economics, Management and Political Sciences,122,46-50.
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Volume title: Proceedings of the 8th International Conference on Economic Management and Green Development
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