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DIGITALIZATION OF BUSINESS MODELS THROUGH PLATFORM-BASED VALUE CHAIN MANAGEMENT

Shorter – faster – more transparent – shortened life cycles and ever faster changes, are taking business processes in a new direction. Customers expect accelerated business transactions, one-stop-shop solutions and supply chain transparency. A new networking between customers and business partners in the value chain is needed.

But how can companies overcome this hurdle?

Digitization is the keyword.

Only when companies are able to digitize information on products, customers, processes and services, as well as their entire business model, will new networking become possible.  The change creates a large amount of data from business and production processes as well as about internal and external communication. Important here is the management and analysis of the data and data quality.

In the next few days, we will introduce you to the digitalization of processes, the role of digital platforms and its importance for the value chain.

How have you adapted your company to the digital transformation?