Trends and Challenges Related to the Digital Transformation of Industry

Abstract :

The paper examined the content, goals and objectives, principles, main directions, tools and stages of digital transformation of industry. The systemic problems of digital transformation are identified, on the basis of which a general digital transformation scheme and digital business model are proposed. The presented developments will make it possible to comprehensively transform the industry on the basis of transition to new business models, communication channels with customers and suppliers, products, business and production processes, and corporate culture, which are based on fundamentally new approaches to data management using digital technologies, with the aim of significant increase of industrial efficiency and long-term sustainability.