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digitalization

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Digitization can now be found everywhere and is spreading like wildfire. I am therefore now writing a whole series of articles on the subject of digitization. My motivation behind this is that digitization means something different for every industry and type of company and I want to work out these differences. An illustration of the differences in different industries can be found in the following figure. In this section I would now like to go into the real essence of this article and illustrate digitization in the real estate and construction industries. Industry characteristics The focus of the real estate and construction industry is clearly on the asset. For example, the property or the plot of land to be built on itself. The industry is known for its low flexibility and lack of dynamic processes. Because of this, digitization and agile methods have so far only rarely found their way…

Digitization can now be found everywhere and is spreading like wildfire. I am therefore now writing a whole series of articles on the subject of digitization. My motivation behind this is that digitization means something different for every industry and type of company and I want to work out these differences. An illustration of the differences in different industries can be found in the following figure. In this section I would like to go into the actual core of this article and illustrate digitization in the automotive industry. Industry characteristics In the automotive industry, the focus is clearly on the production of vehicles. IT, like agility, played in the background for a long time because the focus was more on production and lean principles. At the same time, mechanical and design-related innovations in automobiles have long been leading. Nonetheless, in the last few decades the industry has increasingly developed into…

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