The impact of digitalization on the manufacturing industry

The article provides a summary of a study that was conducted to measure the effects of digitalization on the manufacturing sector of the economy. The study utilized statistical data on output and production factors from various regional manufacturers in Russia to create mathematical and computer mod...

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Main Authors: Kupriyanova Marina, Evdokimova Elena, Soloviova Irina, Simikova Irina
Format: Article
Language:English
Published: EDP Sciences 2023-01-01
Series:E3S Web of Conferences
Online Access:https://www.e3s-conferences.org/articles/e3sconf/pdf/2023/68/e3sconf_itse2023_05030.pdf
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author Kupriyanova Marina
Evdokimova Elena
Soloviova Irina
Simikova Irina
author_facet Kupriyanova Marina
Evdokimova Elena
Soloviova Irina
Simikova Irina
author_sort Kupriyanova Marina
collection DOAJ
description The article provides a summary of a study that was conducted to measure the effects of digitalization on the manufacturing sector of the economy. The study utilized statistical data on output and production factors from various regional manufacturers in Russia to create mathematical and computer models. These models were used to evaluate and forecast the benefits of digitalization. Through dynamic simulation modeling, it became possible to not only monitor the current state of digitalization in the industrial sector, but also to test various transformation scenarios and support strategic decisions by regional and federal authorities. The study's findings suggest that digitalization has a positive impact on the manufacturing sector, particularly in terms of productivity and efficiency. The models developed in the study can be used to identify areas where digitalization can be implemented to achieve the greatest benefits. This information can be used to guide policies and investments aimed at promoting digitalization in the manufacturing sector.
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spelling doaj.art-ff8896ee929d4eb2a9acbabd86ebd96a2023-10-17T08:49:23ZengEDP SciencesE3S Web of Conferences2267-12422023-01-014310503010.1051/e3sconf/202343105030e3sconf_itse2023_05030The impact of digitalization on the manufacturing industryKupriyanova Marina0Evdokimova Elena1Soloviova Irina2Simikova Irina3Ryazan State Radio Engineering UniversityRyazan State Radio Engineering UniversityRyazan State Radio Engineering UniversityRyazan State Radio Engineering UniversityThe article provides a summary of a study that was conducted to measure the effects of digitalization on the manufacturing sector of the economy. The study utilized statistical data on output and production factors from various regional manufacturers in Russia to create mathematical and computer models. These models were used to evaluate and forecast the benefits of digitalization. Through dynamic simulation modeling, it became possible to not only monitor the current state of digitalization in the industrial sector, but also to test various transformation scenarios and support strategic decisions by regional and federal authorities. The study's findings suggest that digitalization has a positive impact on the manufacturing sector, particularly in terms of productivity and efficiency. The models developed in the study can be used to identify areas where digitalization can be implemented to achieve the greatest benefits. This information can be used to guide policies and investments aimed at promoting digitalization in the manufacturing sector.https://www.e3s-conferences.org/articles/e3sconf/pdf/2023/68/e3sconf_itse2023_05030.pdf
spellingShingle Kupriyanova Marina
Evdokimova Elena
Soloviova Irina
Simikova Irina
The impact of digitalization on the manufacturing industry
E3S Web of Conferences
title The impact of digitalization on the manufacturing industry
title_full The impact of digitalization on the manufacturing industry
title_fullStr The impact of digitalization on the manufacturing industry
title_full_unstemmed The impact of digitalization on the manufacturing industry
title_short The impact of digitalization on the manufacturing industry
title_sort impact of digitalization on the manufacturing industry
url https://www.e3s-conferences.org/articles/e3sconf/pdf/2023/68/e3sconf_itse2023_05030.pdf
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