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

Beitrag in einer Fachzeitschrift


Details zur Publikation

Autor(en): Agarwal N, Brem A
Zeitschrift: International Journal of Technology Management
Verlag: Inderscience Publishers
Jahr der Veröffentlichung: 2015
Band: 67
Heftnummer: 2/3/4
Seitenbereich: 196-214
ISSN: 0267-5730
Sprache: Englisch


Abstract


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.


FAU-Autoren / FAU-Herausgeber

Brem, Alexander Prof. Dr.
Lehrstuhl für Technologiemanagement


Autor(en) der externen Einrichtung(en)
Otto-Friedrich-Universität Bamberg


Zitierweisen

APA:
Agarwal, N., & Brem, A. (2015). Strategic business transformation through technology convergence: implications from General Electric's industrial internet initiative. International Journal of Technology Management, 67(2/3/4), 196-214. https://dx.doi.org/10.1504/IJTM.2015.068224

MLA:
Agarwal, Nivedita, and Alexander Brem. "Strategic business transformation through technology convergence: implications from General Electric's industrial internet initiative." International Journal of Technology Management 67.2/3/4 (2015): 196-214.

BibTeX: 

Zuletzt aktualisiert 2018-20-12 um 19:40