Research on the Impact of Digital Technology on the Transformation and Upgrading of Manufacturing Industry

DOI: https://doi.org/10.62517/jiem.202403408

Author(s)

Yujie Chen*

Affiliation(s)

Business School, Shandong University of Technology, Zibo, Shandong, China *Corresponding Author.

Abstract

In the ongoing evolution of the "double cycle," digital technology emerges as the principal catalyst for transforming and advancing the manufacturing sector. As economic globalization and technological advancements evolve, manufacturing companies confront novel challenges and pressures. Within this framework, adopting digital transformation has emerged as instrumental in bolstering business competitiveness, particularly through employing big data, artificial intelligence, the Internet of Things, and various other digital advancements, thereby greatly advancing production efficiency and market reaction speed. Pertaining to this, the article examines the underlying reasoning and execution route of how manufacturing firms achieve transformation and enhancement via digital technology, aimed at offering guidance for the advancement and transformation of manufacturing entities.

Keywords

Digital Technology; Manufacturing Enterprises; Transformation and Upgrading; Development Countermeasures

References

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