Digital transformation in industry trends, management, strategies

The emergence of advanced technologies has marked the new era of global development. The large-scale use of digital and information-communication solutions is fundamentally changing social life and restructuring economic relationships. Digitalization is exerting a profound effect on the industrial sector. Many enterprises are facing obstacles to digitalization and forced to alter their business processes. Typically, the sustainable introduction of digital innovations is driven by best practices. Theoretical and empirical analysis of digitalization case studies will allow forming effective support mechanisms.This book provides a selection of the best papers presented at the International Scientific Conference “Digital Transformation in Industry: Trends, Management, Strategies”, which was held in Ekaterinburg, Russia on November 27, 2020. The purpose of the discussion was to create an idea of new approaches to studying digitalization and to substantiate successful strategies of digital transformation at industrial enterprises. The conference focuses on evaluating trends in the use of digital technologies, discusses the prospects dissemination of Industry 4.0 and sketches the image of economy of the future. The authors clarified the perception of Industry 4.0 basic technologies and the extent to which they affect digitalization processes; established the prerequisites for forming the system of digital platforms as a universal environment for creating new products; modeled the procedure and structural links between digitalization components and its factorial influence on the entire industrial sector, as well as industrial enterprises and regions; examined the cases of using neural networks and artificial intelligence; reviewed the demand for human capital and the peculiarities of intellectual capital formation amid digitalization; evaluated the effects and risks of digital solutions in supply chains, determined the closeness of relationships between companies in production chains; identified the role of digital innovation in the sustainable development of the industrial sector; within the project-based approach, the authors investigated the issues of competence training of Industry 4.0 specialists; explored the practice of using digital technologies in the oil industry, education, finance, chemical industry, etc.; and formulated the principles of new industrial policy in the era of digitalization