Real and Digital
Digitalization and interconnectedness of business are the engine for growth, jobs and new business models. Key added value here is provided by safety/security and sustainability. TÜV AUSTRIA provides guidance and support to its customers and partners in the process of digital transformation in an application-oriented and cross-sectoral manner.
What was initially a strictly technological change has now long
since become a dynamic reality for society as a whole –
digitalization has reached business, science, politics and personal
reality of life all in equal measure. Now the task is to find the right
approaches: to explore expenditures and benefits, to raise
potentials and thus make digitalization a success factor – real
added value for companies and employees.
The economy can benefit to varying degrees from the use of new
technologies. The convergence of conventional production with
information and communication technologies is making the
structuring of production processes and workflows more flexible
and efficient, thus boosting productivity.
In the service sector, on the other hand, digital technologies are
not only creating innovation processes but are also making it
possible for existing services to be modernized and new ones to
be developed. And finally, developing and deploying digital
technologies holds enormous potential for innovation. It promotes
the implementation of new ideas and products, which opens up
new business segments and markets. This is because digital
change is also changing consumer behavior. And it is doing so
at high speed. The classic task for every company, finding
customers, has remained the same. What has changed is how
and where. So, digitalization is not only an important issue for
industry and big services companies – sooner or later, digitalization
will affect every small and medium-sized enterprise in the B2B
or B2C sectors. Digital change is affecting all industries,
challenging established business models and creating new
business ones.
Read the Report here
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