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Digital Transformation of Industrial Businesses: The Role of Digital Twin, Digital Thread and Digital Mindset as Enablers of Digital Transformation

SSRN, ISSN: 1556-5068
2024
  • 0
    Citations
  • 189
    Usage
  • 0
    Captures
  • 0
    Mentions
  • 0
    Social Media
Metric Options:   Counts1 Year3 Year

Metrics Details

  • Usage
    189
    • Abstract Views
      139
    • Downloads
      50

Article Description

Digital transformation (DT) disrupts industrial businesses, and advanced technologies accelerate this transformation. However, industrial managers need more certainty about the means to transform their business digitally and whether those means have their intended consequences or bear unintended effects. The scholarship needs these insights to form accurate theories about the digitalized firm. Our analysis attempts to unveil the role of digital twins and digital threads as enablers, or otherwise, of successful DT. We further assess whether the digital mindset influences digital twins and digital threads on the successful DT. We investigated DT by quantitatively studying the leading industrial businesses and discovered that digital twins and digital threads directly influence DT. A digital mindset is a key enabler influencing the relationship between digital thread and DT. However, such influence was not found for digital twins. We propose an empirically informed framework for digital transformation to guide scholars, managers, and advisors in resolving DT challenges.

Bibliographic Details

Swapan Ghosh; Mathew Hughes; Paul Hughes; Ian Hodgkinson

Elsevier BV

Multidisciplinary; Digital transformation; advanced technologies; digital strategy; industrial business; digitalization; digital twin; digital thread; digital mindset; Industry 4.0.

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