Proceedings of the International Conference on Emerging Challenges: Business Transformation and Circular Economy (ICECH 2021)

Digital Transformation in Electrical Equipment Manufacturing Enterprises

Authors
Nguyen Thi Thanh DAN1, *, Nguyen Quang CHUONG2
Department of Management Science and Law, School of Economics and Management, Hanoi University of Science and Technology, Hanoi, Vietnam
*Corresponding author: dan.nguyenthithanh@hust.edu.vn
Corresponding Author
Nguyen Thi Thanh DAN
Available Online 7 December 2021.
DOI
10.2991/aebmr.k.211119.021How to use a DOI?
Keywords
Digital transformation; enterprises; manufacturing; electrical equipment
Abstract

The study of digital transformation as the key to the implementation of a digital economy is a matter of utmost concern for businesses around the world. This study systematizes the theoretical basis of digital transformation in manufacturing enterprises, and on that basis, analyzes the current situation of digital transformation of manufacturing enterprises in general and electrical equipment manufacturing enterprises in particular, and lastly provide lessons for electrical equipment manufacturing enterprises in Hanoi. The analysis results show that electrical equipment manufacturing enterprises are at the beginning of digital transformation. Overall, companies show the highest levels of digital readiness in forward and backward linkages. The study also provides recommendations for businesses in the process of implementing digital transformation and recommendations on the state’s macro policies in creating favorable conditions for businesses to successfully implement digital transformation in the future.

Research purpose:

This study systematizes the theoretical basis of digital transformation in manufacturing enterprises, and on that basis, analyzes the current situation of digital transformation of manufacturing enterprises in general and electrical equipment manufacturing enterprises in particular, and lastly provide lessons for electrical equipment manufacturing enterprises in Hanoi

Research motivation:

The study of digital transformation as the key to the implementation of the digital economy is a matter of utmost concern for businesses around the world. Digital transformation is more and more developed and applied in the manufacturing industry thanks to its benefits.

Research design, approach and method:

The author systematizes the theory of digital transformation, especially in the field of production. The study conducted a survey for 20 electrical equipment manufacturing enterprises in Hanoi to assess the digital transformation situation of this enterprise, thereby proposing some recommendations to promote the digital transformation of enterprises.

Main findings:

The analysis results show that electrical equipment manufacturing enterprises are at the beginning of digital transformation. Overall, companies show the highest levels of digital readiness in forward and backward linkages.

Practical/managerial implications:

The study also provides recommendations for businesses in the process of implementing digital transformation and recommendations on the state’s macro policies in creating favorable conditions for businesses to successfully implement digital transformation in the future.

Copyright
© 2021 The Authors. Published by Atlantis Press International B.V.
Open Access
This is an open access article under the CC BY-NC license.

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Volume Title
Proceedings of the International Conference on Emerging Challenges: Business Transformation and Circular Economy (ICECH 2021)
Series
Advances in Economics, Business and Management Research
Publication Date
7 December 2021
ISBN
10.2991/aebmr.k.211119.021
ISSN
2352-5428
DOI
10.2991/aebmr.k.211119.021How to use a DOI?
Copyright
© 2021 The Authors. Published by Atlantis Press International B.V.
Open Access
This is an open access article under the CC BY-NC license.

Cite this article

TY  - CONF
AU  - Nguyen Thi Thanh DAN
AU  - Nguyen Quang CHUONG
PY  - 2021
DA  - 2021/12/07
TI  - Digital Transformation in Electrical Equipment Manufacturing Enterprises
BT  - Proceedings of the International Conference on Emerging Challenges: Business Transformation and Circular Economy (ICECH 2021)
PB  - Atlantis Press
SP  - 204
EP  - 210
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.211119.021
DO  - 10.2991/aebmr.k.211119.021
ID  - DAN2021
ER  -