Transformation
Transformation of classic IT Organisations to Sustainable IT Organisations
Due to hazards associated with conventional manufacturing techniques and regulations set out by stakeholders and governments, sustainability and digitalization are crucial responsibilities for businesses to fulfill in the current socioeconomic environment. Tools that assist in examining unclear future scenarios are crucial for corporations, governments, and financial institutions as they attempt to tackle such a difficult problem.
More innovation is one way to deal with the sustainability transition, which could result in significant changes to the capital structure, labor organization, business strategy, and technology. The movement toward sustainability-oriented innovation (SOI) and the trend toward digitization are being combined by the dematerialization of tangible goods. When it comes to an organization's culture, philosophy, and values, SOI supports systems transformation intending to establish social and environmental benefits in addition to financial gain.
The fourth industrial revolution, or Industry 4.0 (I4.0), encompasses a digital shift in the corporate model, strategy, product, and process through the application of cutting-edge technology (such as artificial intelligence, big data, the internet of things, etc). Academics and professionals agree that additional research is needed since this combination may have a disruptive impact on markets, business models, supply chains, and value chains, even though they are both aware of the potential benefits of I4.0 for SOI development.