Abstract
This chapter introduces the central theme of the book and the following chapters. In our book, we present 20 selected examples of digitalization in the age of digital change. The chapters are divided into two parts, called “Digital Innovation” and “Digital Business Transformation”. On the one hand, digital innovation includes cases where a new technology stimulates or enables new business opportunities. On the other hand, digital business transformation collects examples of digitalization in which business or management concepts exploit certain technological solutions for their practical implementation. To share this mind-set with the reader, quantum-computing technology will be taken as an example of digital innovation. This will be followed by reflections on digital business transformation, which seeks and uses digital technologies. Finally, the next chapters will be presented accordingly.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
References
Dornberger, R.: Business Information Systems and Technology 4.0: New Trends in the Age of Digital Change. Springer (2018)
Dornberger, R., Inglese, T., Korkut, S., Zhong, V.J.: Digitalization: yesterday, today and tomorrow. In: Dornberger, R. (ed.) Business Information Systems and Technology 4.0: New Trends in the Age of Digital Change, pp. 1–11. Springer International Publishing, Cham (2018)
Bornmann, L., Mutz, R.: Growth rates of modern science: a bibliometric analysis based on the number of publications and cited references. J. Assoc. Inf. Sci. Technol. 66, 2215–2222 (2015). https://doi.org/10.1002/asi.23329
Digital Business Transformation. https://www.gartner.com/en/information-technology/glossary/digital-business-transformation
Fenn, J., Blosch, M.: Understanding Gartner’s Hype Cycles. https://www.gartner.com/en/documents/3887767/understanding-gartner-s-hype-cycles
Farouk, A., Tarawneh, O., Elhoseny, M., Batle, J., Naseri, M., Hassanien, A.E., Abedl-Aty, M.: Quantum Computing and Cryptography: An Overview. In: Hassanien, A.E., Elhoseny, M., Kacprzyk, J. (eds.) Quantum Computing: An Environment for Intelligent Large Scale Real Application, pp. 63–100. Springer International Publishing, Cham (2018)
Harrow, A.W., Montanaro, A.: Quantum computational supremacy. Nature 549, 203–209 (2017). https://doi.org/10.1038/nature23458
Ferrie, C.: Why are scientists so excited about a recently claimed quantum computing milestone? http://theconversation.com/why-are-scientists-so-excited-about-a-recently-claimed-quantum-computing-milestone-124082
Hayes, A.S.: Cryptocurrency value formation: An empirical study leading to a cost of production model for valuing bitcoin. Telemat. Inform. 34, 1308–1321 (2017). https://doi.org/10.1016/j.tele.2016.05.005
Hallgren, S., Vollmer, U.: Quantum computing. In: Bernstein, D.J., Buchmann, J., Dahmen, E. (eds.) Post-quantum cryptography, pp. 15–34. Springer, Berlin Heidelberg, Berlin, Heidelberg (2009)
Silver, D., Huang, A., Maddison, C.J., Guez, A., Sifre, L., van den Driessche, G., Schrittwieser, J., Antonoglou, I., Panneershelvam, V., Lanctot, M., Dieleman, S., Grewe, D., Nham, J., Kalchbrenner, N., Sutskever, I., Lillicrap, T., Leach, M., Kavukcuoglu, K., Graepel, T., Hassabis, D.: Mastering the game of Go with deep neural networks and tree search. Nature 529, 484–489 (2016). https://doi.org/10.1038/nature16961
Silver, D., Schrittwieser, J., Simonyan, K., Antonoglou, I., Huang, A., Guez, A., Hubert, T., Baker, L., Lai, M., Bolton, A., Chen, Y., Lillicrap, T., Hui, F., Sifre, L., van den Driessche, G., Graepel, T., Hassabis, D.: Mastering the game of Go without human knowledge. Nature 550, 354–359 (2017). https://doi.org/10.1038/nature24270
Lanctot, M., Lockhart, E., Lespiau, J.-B., Zambaldi, V., Upadhyay, S., Pérolat, J., Srinivasan, S., Timbers, F., Tuyls, K., Omidshafiei, S., Hennes, D., Morrill, D., Muller, P., Ewalds, T., Faulkner, R., Kramár, J., De Vylder, B., Saeta, B., Bradbury, J., Ding, D., Borgeaud, S., Lai, M., Schrittwieser, J., Anthony, T., Hughes, E., Danihelka, I., Ryan-Davis, J.: OpenSpiel: A Framework for Reinforcement Learning in Games. ArXiv190809453 Cs. (2019)
Georgescu, I.M., Ashhab, S., Nori, F.: Quantum simulation. Rev. Mod. Phys. 86, 153–185 (2014). https://doi.org/10.1103/RevModPhys.86.153
Williams, C.P.: Quantum search algorithms in science and engineering. Comput. Sci. Eng. 3, 44–51 (2001). https://doi.org/10.1109/5992.909001
Berry, C., Wang, H., Hu, S.J.: Product architecting for personalization. J. Manuf. Syst. 32, 404–411 (2013). https://doi.org/10.1016/j.jmsy.2013.04.012
Moon, J., Chadee, D., Tikoo, S.: Culture, product type, and price influences on consumer purchase intention to buy personalized products online. J. Bus. Res. 61, 31–39 (2008). https://doi.org/10.1016/j.jbusres.2006.05.012
Mohseni, M., Read, P., Neven, H., Boixo, S., Denchev, V., Babbush, R., Fowler, A., Smelyanskiy, V., Martinis, J.: Commercialize quantum technologies in five years. Nature 543, 171–174 (2017). https://doi.org/10.1038/543171a
Pollard, S.: The Genesis of Modern Management: a Study of the Industrial Revolution in Great Britain. Harvard University Press (1965)
Lasi, H., Fettke, P., Kemper, H.-G., Feld, T., Hoffmann, M.: Industry 4.0. Bus. Inf. Syst. Eng. 6, 239–242 (2014). https://doi.org/10.1007/s12599-014-0334-4
Coase, R.H.: The nature of the firm. Economica 4, 386–405 (1937). https://doi.org/10.1111/j.1468-0335.1937.tb00002.x
Porter, M.E., Heppelmann, J.E.: How smart, connected products are transforming competition. Harv. Bus. Rev. 92, 64–88 (2014)
Porter, M.E.: Location, competition, and economic development: local clus-ters in a global economy. Econ. Dev. Q. 14(1), 15–34 (2000). https://doi.org/10.1177/089124240001400105
Hol, A., Ginige, A., Lawson, R.: System level analysis of how businesses adjust to changing environment in the digital eco-system. In: 2007 Inaugural IEEE-IES Digital EcoSystems and Technologies Conference, pp. 153–158 (2007)
Grieder, H., Schwaferts, D.: Digital ecosystem—how companies can achieve a sustainable competitiveness in the future and the digital age. In: Verkuil, A.H., Hinkelmann, K., Aeschbacher, M. (eds.) Digitalisierung und andere Innovationsformen im Management. Edition gesowip, Basel (2019)
Author information
Authors and Affiliations
Corresponding author
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2021 Springer Nature Switzerland AG
About this chapter
Cite this chapter
Dornberger, R., Schwaferts, D. (2021). Digital Innovation and Digital Business Transformation in the Age of Digital Change. In: Dornberger, R. (eds) New Trends in Business Information Systems and Technology. Studies in Systems, Decision and Control, vol 294. Springer, Cham. https://doi.org/10.1007/978-3-030-48332-6_1
Download citation
DOI: https://doi.org/10.1007/978-3-030-48332-6_1
Published:
Publisher Name: Springer, Cham
Print ISBN: 978-3-030-48331-9
Online ISBN: 978-3-030-48332-6
eBook Packages: Intelligent Technologies and RoboticsIntelligent Technologies and Robotics (R0)