Research identifies mechanisms of digitalization transforming manufacturing processes and business models, highlighting the organizational gap.
Key Points
A threshold effect of digitalization leads to significant productivity growth after achieving a technology maturity index greater than 0.65.
The transformation of business models correlates strongly with strategic management (r=0.79) and change competencies (r=0.72), but weakly with IT investments (r=0.31).
Results-oriented services, platform ecosystems, and data-centric models are the dominant archetypes of new business models identified.
Industry-specific factors moderate the correlation between digitalization and profitability, varying across discrete and continuous manufacturing processes.