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

Nivedita Agarwal, Alexander Brem

Publikation: Bidrag til tidsskriftTidsskriftartikelForskningpeer review

Resumé

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.
OriginalsprogEngelsk
TidsskriftInternational Journal of Technology Management
Vol/bind67
Udgave nummer2/3/4
Sider (fra-til)196 - 214
ISSN0267-5730
DOI
StatusUdgivet - mar. 2015

Fingeraftryk

Internet
Industry
Information technology
Business transformation
World Wide Web
General Electric
intelligence
Productivity
productivity
information technology
costs
evaluation
Costs
experience

Citer dette

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Strategic business transformation through technology convergence : implications from General Electric's industrial internet initiative. / Agarwal, Nivedita; Brem, Alexander.

I: International Journal of Technology Management, Bind 67 , Nr. 2/3/4, 03.2015, s. 196 - 214.

Publikation: Bidrag til tidsskriftTidsskriftartikelForskningpeer review

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