Reshaping business and operational models for digital era in manufacturing industries

Jukka Hemilä, Anna Aminoff, Outi Kettunen

Research output: Chapter in Book/Report/Conference proceedingConference article in proceedingsScientificpeer-review

Abstract

Digitalization and Internet of Things (IoT) are the concepts that are becoming more and more famous in manufacturing industries. Digital innovations have been recognized as one of the main trends shaping the industrial economy and it is said to be a driving force for a fourth industrial revolution. Entire business model and operational model should be redefined for being successful and competitive in the future. The purpose of the paper is to discuss and define which kind of business and operational model manufacturer should have in the digital era.
Original languageEnglish
Title of host publication5th World P&OM Conference Proceedings
Number of pages6
Publication statusPublished - 2016
MoE publication typeA4 Article in a conference publication
Event5th World Conference on Production and Operations Management - Havana International Conference Cente, Havana, Cuba
Duration: 6 Sep 201610 Sep 2016
Conference number: 5

Conference

Conference5th World Conference on Production and Operations Management
Abbreviated titleP&OM
CountryCuba
CityHavana
Period6/09/1610/09/16

Fingerprint

Manufacturing industries
Business model
Innovation
Internet of things
Driving force
Industrial revolution

Keywords

  • manufacturing
  • digitalization
  • business model

Cite this

Hemilä, J., Aminoff, A., & Kettunen, O. (2016). Reshaping business and operational models for digital era in manufacturing industries. In 5th World P&OM Conference Proceedings
Hemilä, Jukka ; Aminoff, Anna ; Kettunen, Outi. / Reshaping business and operational models for digital era in manufacturing industries. 5th World P&OM Conference Proceedings. 2016.
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Hemilä, J, Aminoff, A & Kettunen, O 2016, Reshaping business and operational models for digital era in manufacturing industries. in 5th World P&OM Conference Proceedings. 5th World Conference on Production and Operations Management, Havana, Cuba, 6/09/16.

Reshaping business and operational models for digital era in manufacturing industries. / Hemilä, Jukka; Aminoff, Anna; Kettunen, Outi.

5th World P&OM Conference Proceedings. 2016.

Research output: Chapter in Book/Report/Conference proceedingConference article in proceedingsScientificpeer-review

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AB - Digitalization and Internet of Things (IoT) are the concepts that are becoming more and more famous in manufacturing industries. Digital innovations have been recognized as one of the main trends shaping the industrial economy and it is said to be a driving force for a fourth industrial revolution. Entire business model and operational model should be redefined for being successful and competitive in the future. The purpose of the paper is to discuss and define which kind of business and operational model manufacturer should have in the digital era.

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Hemilä J, Aminoff A, Kettunen O. Reshaping business and operational models for digital era in manufacturing industries. In 5th World P&OM Conference Proceedings. 2016