Digital Transformation of Business Processes of an Enterprise
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Date
2020-11
Journal Title
Journal ISSN
Volume Title
Publisher
UIKTEN – Association for Information Communication Technology Education and Science,Serbia
Abstract
Industry 4.0 is the digital transformation
of business processes. In the process of modernization
of the enterprise in question, a new production factor is
gradually replacing the previous production factor. At
the same time, the value of the output of the old
production decreases to zero, and the limit value of the
output of the new production is steadily increasing.
The production functions for each production
component and the enterprise as a whole, based on the
results of a numerical solution of the Cauchy problem,
which describe the process of replacing one production
enterprise with another, are proposed.
Description
Keywords
digital transformation, business processes, smart product
Citation
Digital Transformation of Business Processes of an Enterprise / Viktoriia Kondarevych, Kateryna Andriushchenko, Nataliia Pokotylska [et al.] // TEM Journal. – 2020. – Vol. 9, Iss. 4, November. – P. 1800–1808.