2020
DOI: 10.18421/tem94-63
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Digital Transformation of Business Processes of an Enterprise

Abstract: Industry 4.0 is the digital transformation of business processes. In the process of modernization of the enterprise in question, a new production factor is gradually replacing the previous production factor. At the same time, the value of the output of the old production decreases to zero, and the limit value of the output of the new production is steadily increasing. The production functions for each production component and the enterprise as a whole, based on the results of a numerical solution of the Cauchy… Show more

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Cited by 17 publications
(13 citation statements)
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References 9 publications
(12 reference statements)
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“…Through digital transformation, manual or nondigital processes are converted into digital processes with advanced technologies. Digital transformation modernizes business processes (Hagberg et al, 2016;Heinze et al, 2018;Kondarevych et al, 2020). Digital transformation, along with smart technologies, increases the possibilities for optimum production.…”
Section: Digital Transformation and Smart Technologiesmentioning
confidence: 99%
“…Through digital transformation, manual or nondigital processes are converted into digital processes with advanced technologies. Digital transformation modernizes business processes (Hagberg et al, 2016;Heinze et al, 2018;Kondarevych et al, 2020). Digital transformation, along with smart technologies, increases the possibilities for optimum production.…”
Section: Digital Transformation and Smart Technologiesmentioning
confidence: 99%
“…Based on the positions of urgent updating of semantic content, stages, and regulations of reengineering, in this study, reengineering of a construction enterprise was defined by the authors as a "target development project for the rapid renovation of a construction enterprise". It is also appropriate to define reengineering of a construction enterprise as "a target current activity of reorganization of all management and organizational and technological subsystems of a construction enterprise, which takes place within the framework of the enterprise's implementation of its production multi-project program" [12,14]. The implementation of reengineering of a construction enterprise should be carried out on the condition of constant monitoring and adjustment of the targeted reference points of a reengineering project.…”
Section: Development Of Conceptual and Methodological Components Of A...mentioning
confidence: 99%
“…Research [12] examines the reengineering modernization processes within digital technologies (Industry 4.0). The numerical algorithms proposed here describe the formalization of the replacement of the old production and product component with the new one due to the numerical solution of the Cauchy problem.…”
Section: Literature Review and Problem Statementmentioning
confidence: 99%
“…Under the influence of improvements in business management models, the use of modern communication opportunities with business partners, the principles of customer orientation, enterprises will have new opportunities to achieve competitive advantages. Kondarevych et al (2020) note the relevance of Industry 4.0 for business. In the mode of the enterprise upgrade in today's realities, information, as a new factor of production, gradually replaces the previous factors of production.…”
Section: State Enterprises Societymentioning
confidence: 98%