Strategic business transformation through technology convergence: implications from General Electric's industrial internet initiative

被引:70
作者
Agarwal, Nivedita [1 ]
Brem, Alexander [2 ]
机构
[1] Otto Friedrich Univ Bamberg, D-96052 Bamberg, Germany
[2] Univ Southern Denmark, Mads Clausen Inst, DK-6400 Sonderborg, Denmark
关键词
business transformation; industrial internet; Industry; 4.0; operational technology; information technology; technology convergence; machine2machine; ORGANIZATIONAL TRANSFORMATION; INFORMATION-TECHNOLOGY; FIRM;
D O I
10.1504/IJTM.2015.068224
中图分类号
T [工业技术];
学科分类号
08 ;
摘要
Technology adoption is crucial for an organisation to remain competitive in the marketplace. Traditionally, two technologies - operational technology (OT) and information technology (IT) - have operated independently from one another; however, technological advancements that businesses are experiencing have increased the overlap and convergence of these two areas. Industrial organisations are investing heavily in the integration and alignment of these technologies and expect to benefit in several ways from this convergence, such as through increased productivity, reduction in cost, and real-time intelligence. This paper presents the case of General Electric (GE) and studies the various transitional phases and transformation dimensions that GE is experiencing, to manage this technology convergence. The evaluation of GE's experience indicates that convergence-related business transformation is nonlinear, and that some dimensions and stages of transformation previously thought to be relevant may not be pertinent for successful business transformations through technology convergence.
引用
收藏
页码:196 / 214
页数:19
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