The impacts of the digital transformation of the industry

Abstract EN

The digitization of industry or plant 4.

0 is an interconnected system that connects machines, management methods and products.

New technologies, new products and services, as well as new business models can disrupt operations.

In this case, the adoption of the principles of Industry 4.

0 becomes a necessity.

The managers of the firms must be ready to acquire a new organizational structure.

In this new economic order, Industry 4.

0 will transform businesses in many ways.

The article aims to explain the endogenous and exogenous impacts of the digitization of industry on the functioning of organizations, consumer behavior, work organization, market variations, and influences on different activity area.