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Change Through Digitization—Value Creation in the Age of Industry 4.0

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Management of Permanent Change

Abstract

Digitization—the continuing convergence of the real and the virtual worlds will be the main driver of innovation and change in all sectors of our economy. The exponentially growing amount of data and the convergence of different affordable technologies that came along with the definite establishment of Information and Communication Technology are transforming all areas of the economy. In Germany, the Internet of Things, Data and Services plays a vital role in mastering the energy transformation, in developing a sustainable mobility and logistics sector, in providing enhanced health care and in securing a competitive position for the leading manufacturing industry. This article discusses the impact, challenges and opportunities of digitization and concludes with examples of recommended policy action. The two key instruments for enhanced value creation in the Age of Industrie 4.0 are platform-based cooperation and a dual innovation strategy.

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Notes

  1. 1.

    More information about the project is available at: http://www.smart-rti.de/.

  2. 2.

    See the Platform’s web site (www.plattform-i40.de).

  3. 3.

    See the web site (www.acatech.de/energiesysteme).

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Authors and Affiliations

  1. acatech - NATIONAL ACADEMY OF SCIENCE AND ENGINEERING, Unter den Linden 14, 10117, Berlin, Germany

    Prof. Dr. Henning Kagermann

Authors
  1. Prof. Dr. Henning Kagermann
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Correspondence to Henning Kagermann .

Editor information

Editors and Affiliations

  1. Leipzig, Germany

    Horst Albach

  2. Münster, Germany

    Heribert Meffert

  3. HHL Leipzig Graduate School of Management, Leipzig, Sachsen, Germany

    Andreas Pinkwart

  4. & Cooperation, Handelshochschule Leipzig Center for Leading Innovation, Leipzig, Germany

    Ralf Reichwald

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Kagermann, H. (2015). Change Through Digitization—Value Creation in the Age of Industry 4.0. In: Albach, H., Meffert, H., Pinkwart, A., Reichwald, R. (eds) Management of Permanent Change. Springer Gabler, Wiesbaden. https://doi.org/10.1007/978-3-658-05014-6_2

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