Digital Transformation in Industry: Digital Twins and New Business Models

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This book offers a selection of the best papers presented at the annual international scientific conference “Digital Transformation in Industry: Trends, Management, Strategies (DTI2021),” held by the Institute of Economics, Ural Branch of the Russian Academy of Sciences, in Ekaterinburg (Russia) on October 29, 2021.  



The book focuses on the idea of introduction mechanisms for digitization processes and on highlighting successful digital transformation strategies in all sectors of industry. Key topics include the development of a cyber-physical production system for Industry 4.0; digital design technologies for enhancing the competitiveness of products and companies; digital twin-driven product manufacturing and services; and the effects of the industrial digital transformation on society and the environment. With regard to implementing IT and other technological innovations, lessons learned in developed and developing economies, as well as small and large enterprises, are included. Given its scope, the book offers a valuable asset for researchers and managers of industrial organizations alike.

Author(s): Vikas Kumar, Jiewu Leng, Victoria Akberdina, Evgeny Kuzmin
Series: Lecture Notes in Information Systems and Organisation, 54
Publisher: Springer
Year: 2022

Language: English
Pages: 487
City: Cham

Preface
About This Book
Contents
About the Editors
Digital Twins in the Industry: Maturity, Functions, Effects
1 Introduction
2 Methodology
3 Results
3.1 Definition of the Digital Twin Concept
3.2 Key Features of a Digital Twin
3.3 Classification of Digital Twins by Maturity Level
3.4 Technological Base of the Digital Twin
3.5 Application of Digital Twins in Industry
4 Discussion
5 Conclusion
References
Architecting Digital Twin-Driven Transformation in the Refrigeration and Air Conditioning Sector
1 Introduction
2 Literature Review
2.1 Digital Twins
2.2 The Role of Enterprise Architecture in Digital Twin Design
3 Research Approach
4 Architecting Digital Twins in the Refrigeration and Air Conditioning Sector
4.1 Digital Twin-Driven Sectoral Architecture—Strategy and Motivation
4.2 Sectoral Landscape for Digital Twin Developments
4.3 Air Conditioning Digital Twin Model
5 Discussion
6 Conclusion
References
Practical Application of the Concept of Digital Twins in the Aviation Sector
1 Introduction
2 Background
2.1 Digital Technologies
2.2 Smart Production in Aviation Industry
3 Discussion
4 Conclusions
References
Digital Revolution in the Energy Sector: Effects of Using Digital Twin Technology
1 Introduction
2 Digital Twins in Industrial Energy Efficiency and Energy Saving
3 Visualization of Physical Assets in Energy Sector
4 Digital-Twin Energy Saving System in Smart Grids
5 Conclusions
References
Digital Twins in Russian Metallurgy: Prerequisites and Limitations of Use
1 Introduction
2 Prerequisites for the Development and Implementation of Digital Twin Technologies in Metallurgy
2.1 Modern Metallurgy as an Object of Digital Transformation
2.2 Intellectualization of Metallurgical Production
3 Digital Twin Technologies—The Basis of Modern Metallurgical Production Organization
4 Largest Russian Metallurgical Companies-Leaders in the Introduction of Digital Twin Technology
5 Limitations of Digital Twin Technologies in Metallurgy
6 Conclusion
References
Digital Twin of the Social System: Calculating the Environment’s Reaction to the Company’s Activeness
1 Introduction
2 Literature Review
3 Methodology
4 Results
5 Discussion
6 Conclusion
References
Networking in the Platform Development of Ecosystems
1 Introduction
2 Literature Review
3 Methodology
4 Results
4.1 New Network Structures in Governance
4.2 Platform Base of the Network Structures Development
5 Discussion
6 Conclusions and Future Research
References
Digital Ecosystems in Industry: Conceptualization and Strategic Aspects of Development
1 Introduction
2 Literature Review
3 Material and Methods
4 Results
5 Conclusion
References
Digital Platform for Regional Industry: Prerequisites and Functionality
1 Introduction
2 Background
3 Methodology
3.1 Research Design
3.2 Data Sample
4 Results
4.1 Relevant Functionality of Digital Platforms
4.2 Prerequisites for a Digital Platform in the Ural Macroregion (Russia)
4.3 Requests from Key Stakeholders
5 Conclusion
References
Towards Digital Twins for the Development of Territories
1 Introduction
2 Methodology
3 Results
3.1 Digital Twin Concept: Theoretical Foundations
3.2 Application of Digital Twins to Address Problems of Urban and Regional Development
3.3 Characteristics of Digital Twins of Territories
4 Discussion
5 Conclusion
References
Digitalisation of the Economy and Regional Development
1 Introduction
2 Literature Review
3 Material and Methods
4 Results
5 Discussion
6 Conclusion
References
Structural Effects of the Introduction of Cross-Industrial Advanced Manufacturing Technologies: Experience of the European Union
1 Introduction
2 Literature Review
3 Material and Methods
4 Results and Discussion
5 Conclusions
References
Best Regional Practices for Digital Transformation in Industry: The Case of the Industry 4.0 Program in Portugal
1 Introduction
2 Background
2.1 Industry 4.0
2.2 Governmental Subsidies
3 Material and Methods
4 Results
4.1 Best Regional Practices for Digital Transformation in Industry 4.0 in Portugal
4.2 Analysis of the Non-parametric Tests
5 Discussion
6 Conclusions
References
Digital Transformation and Current Trends in the Technological Development of the Industrial Complex: Russian Experience
1 Introduction
2 Literature Review
3 Materials and Methods
4 Results and Discussion
5 Conclusions
References
Knowledge Analysis on the Industry 4.0 Diffusion in Italian Manufacturing: Opportunities and Threats
1 Introduction
2 Background
2.1 Characteristics and Implications of 4.0 in Manufacturing: A Digitized Manufacturing
2.2 The Different European Plans on Industry 4.0
2.3 The Macro-environment for the Development of the Industry 4.0 Phenomenon
3 Methodology
4 Results
4.1 The Diffusion in Quantitative Terms of the 4.0 Phenomenon in Italy
4.2 A SWOT Analysis of Italian Manufacturing in Relation to the 4.0 Phenomenon
5 Conclusions
5.1 Managerial Implications
5.2 Limitations and Future Research Directions
References
Development of the Digital Economy: A Case Study of 5G Technology
1 Introduction
2 Methods
3 The Development of 5G
4 Advantages of 5G
5 Application of 5G
6 Conclusion
References
Digital Transformation of a Public Lighting Infrastructure: A Sustainable Proposal
1 Introduction
2 Objectives
3 Methodology
3.1 Regulatory Framework
3.2 Context Analysis
4 Results
4.1 Lighting Results
4.2 Telemanagement Results
4.3 Economic Results
5 Conclusions
References
Additive Manufacturing as a Digital Design Technology in the Wood-Furniture Sector: Benefits and Barriers to Its Implementation
1 Introduction
2 Background
3 Methodology
3.1 Sampling Design
3.2 Data Analysis
3.3 Non-response Bias
4 Results
4.1 Profile of Respondent Companies
4.2 Attitudes and Behaviors of Wood-Furniture Businesses
4.3 Different Perceptions of Advantages and Disadvantages of AM
4.4 Binary Regression
5 Discussion
6 Conclusion
References
Strategy for Digital Transformation of Financial-Industrial Groups
1 Introduction
1.1 Problem Statement
1.2 Research Questions
1.3 Research Significance
2 Literature Review
3 Material and Methods
3.1 Realization Path (Literature Analysis)
3.2 Influence Elements (Case Analysis)
3.3 Elements of Digital Strategy
4 Results
4.1 Marketing Model Innovation
4.2 Production Model Innovation
4.3 Organizational Model Innovation
4.4 R&D Model Innovation
5 Conclusion
References
Theoretical Framework of Business Model Innovation Exploration for Sustainable Development
1 Introduction
2 Literature Review
2.1 General Overview of Sustainable Development and Business Models
2.2 Research Status of Sustainable Business Models
3 Material and Methods
3.1 Research Method
3.2 Realization Path
3.3 Theoretical Framework
4 Results
5 Conclusion
5.1 Research Implications
5.2 Research Limitations
5.3 Managerial Implications
References
Open Innovation in Industry 4.0—A Risk Assessment Framework for SMEs
1 Introduction
1.1 Statement of Problem
1.2 Objectives
2 Literature Review
2.1 Digitalization
2.2 Open Innovation
2.3 Risk Management in SMEs
3 Research Method
3.1 Proposed Approach
3.2 Models’ Design
4 Case Study
5 Conclusion
References
Digital Transformation of Russian Industry: The Specifics of Large, Medium and Small Enterprises
1 Introduction
2 Literature Review
3 Materials and Methods
4 Current Situation in the Digitalization of Industry in Russia
5 Features of Digitalization of Enterprises of Different Sizes
6 Measures of State Support for Digital Transformation of Industry
7 Conclusion
References
Business Model Innovation for the Internet of Things
1 Introduction
2 Business Model Patterns
3 Methodology for the Selection of Business Model Patterns
4 Demonstration of the Methodology Using the Example of Atlas Copco
5 Conclusion and Outlook
References
Analysis of Visual Modeling Tools Development for Complex Production Systems
1 Introduction
2 Analysis of Trends in the Development of Visual Modeling Tools
3 Comparative Analysis of Diagrammatic and Parametric Visual Tools
4 Discussion
5 Conclusion
References
Impact of Digital Technology on Supply Chain Efficiency in Manufacturing Industry
1 Introduction
2 Background
2.1 Internet of Things (IoT)
2.2 Artificial Intelligence (AI)
2.3 Supply Chain Management (SCM)
3 Methodology
3.1 Systematic Literature Review (SLR)
3.2 Selection Criteria
3.3 Sample Selection
4 Findings and Discussions
4.1 How Do AI and IoT Improve Supply Chain Efficiency
4.2 IoT Application in SCM and the Impact
4.3 AI Application in SCM and the Impact
4.4 Factors Influencing the Successful Implementation of the Digital Supply Chain
5 Conclusions
References
Options, Structure, and Digitalization of Value Chain Management Objects
1 Introduction
2 Literature Review
3 Material and Methods
4 Background
4.1 Value Chain Management Options
4.2 Value Chain Management Structure
4.3 Digitalization of Value Chain Management Objects
5 Discussion
6 Conclusion
References
Artificial Intelligence Disclosures in Sustainability Reports: Towards an Artificial Intelligence Reporting Framework
1 Introduction
2 Background
2.1 AI Disclosure Practices in European Companies
2.2 Previous Studies
2.3 Corporate Digital Responsibility
2.4 Corporate Digital Responsibility as a New Layer of Corporate Social Responsibility
2.5 Theoretical Background (Legitimacy Theory)
2.6 Technology Overview
3 Material and Methods
4 Results
4.1 General Elements Disclosure
4.2 ADM Transparency
5 Discussion
6 Conclusions
Appendix 1
References
Economic Indicators of the Algorithm for Introducing Artificial Intelligence into the Automated Process Control System
1 Introduction
2 Background
3 Results
3.1 Purpose of the Work
3.2 Implementation Object—APCS
3.3 Algorithm of AI Implementation in APCSs
3.4 Evaluation of AI Implementation Stages
4 Conclusion
References
Integrating a Project Risk Model into a BI Architecture
1 Introduction
2 Literature Review
2.1 Project Risk Management in Organizations
2.2 Social Network Analysis in Organizations
2.3 Business Intelligence in Organizations
3 Integration Process of a Process of a Project Risk-Model into a BI Architecture
4 Conclusions, Implications and Further Developments
4.1 Academic Implications of the Integration
4.2 Managerial Implications of the Integration
References
Impact of Digital Transformation on Labor Productivity Growth in the Manufacturing Industry in Russia
1 Introduction
2 Literature Review
3 Regional Labor Productivity
4 Digitalization of Industry in Industrial Regions
5 Conclusion
References
Trends, Factors and Guidelines for the Development of Human Resources for Industry 4.0
1 Introduction
2 Literature Review
3 Methods
4 Results
5 Discussion
6 Conclusion
References
Digital Transformation and Its Staffing in the Russian Economy
1 Introduction
2 Background
3 Materials and Methods
4 Results
4.1 Providing the Digital Economy with Human Resources
4.2 Development of Employee Competencies Involved in the Digital Economy
5 Discussion
5.1 The Issues of Maintaining and/or Updating the Initially Received Education
6 Conclusion
References
Priorities of Human Resources Policy in the Context of Digitalization and the COVID-19 Pandemic
1 Introduction
2 Related Work
3 Materials and Methods
4 Skyrocketing Topics
5 Potential Employers and Educational Centers
6 Conclusion
References