Sándor Gyula Nagy – författare

Beginning in the mid-2010s, the Fourth Industrial Revolution has seen remarkable changes in information technology that have blurred the boundaries between the physical, digital and biological worlds. Industry 4.0 has enabled so-called smart factories in which computer systems equipped with machine learning algorithms can learn and control robotics with minimal need for human input. While smart technology has enabled many manufacturing businesses to increase efficiency and cut costs, many others are still struggling with implementing it.This book aims to help students, practitioners and industry leaders to become change agents and take their first steps on the path of transformation. Smart Business and Digital Transformation addresses the challenge of becoming "smart" from three different perspectives: smart factory, smart industry and smart environment. Covering technologies including the Internet of Things (IoT), cloud, artificial intelligence (AI), mobility, 5G and big data analytics, the book shows how enterprises can take advantage of them and ultimately beat the competition. The book considers the importance of operational processes, business models and organisational culture. The contributing authors and editors, based at Corvinus University, present a multidimensional picture of Industry 4.0 which is both diverse in its voices and unified in its vision. Smart Business and Digital Transformation meets the growing demand for a textbook that not only presents the latest concepts and theories but is also practical for planning, managing and implementing digital transformation in practice.The chapters include case studies to demonstrate the practical applications, and each chapter ends with review and discussion questions to develop students’ skills and competencies. Students of business and digital transformation on advanced undergraduate and MBA courses will find it an indispensable guide to a vibrant and challenging topic.

Beginning in the mid-2010s, the Fourth Industrial Revolution has seen remarkable changes in information technology that have blurred the boundaries between the physical, digital and biological worlds. Industry 4.0 has enabled so-called smart factories in which computer systems equipped with machine learning algorithms can learn and control robotics with minimal need for human input. While smart technology has enabled many manufacturing businesses to increase efficiency and cut costs, many others are still struggling with implementing it.This book aims to help students, practitioners and industry leaders to become change agents and take their first steps on the path of transformation. Smart Business and Digital Transformation addresses the challenge of becoming "smart" from three different perspectives: smart factory, smart industry and smart environment. Covering technologies including the Internet of Things (IoT), cloud, artificial intelligence (AI), mobility, 5G and big data analytics, the book shows how enterprises can take advantage of them and ultimately beat the competition. The book considers the importance of operational processes, business models and organisational culture. The contributing authors and editors, based at Corvinus University, present a multidimensional picture of Industry 4.0 which is both diverse in its voices and unified in its vision. Smart Business and Digital Transformation meets the growing demand for a textbook that not only presents the latest concepts and theories but is also practical for planning, managing and implementing digital transformation in practice.The chapters include case studies to demonstrate the practical applications, and each chapter ends with review and discussion questions to develop students’ skills and competencies. Students of business and digital transformation on advanced undergraduate and MBA courses will find it an indispensable guide to a vibrant and challenging topic.

This book develops a new methodological framework for measuring the efficiency of regional integration and the integration profile of member states. It includes rich case studies, which offer a comparative analysis of ten integrations spanning four continents - The Americas, the European Union, Africa and Asia. The Economics of Regional Integration shows the importance of regional (economic) integration in the world economy, based partially on descriptive analyses, the authors’ new methodological framework, and a new composite index integration profile. It implements and quantifies relevant theories (e.g. integration maturity, competitiveness, economic development, convergence) to one framework and a composite indicator. This helps to arrive at a more precise measurement of these integrations, resulting in useful feedback for decision-makers and leading to policy recommendations for each organisation to improve efficiency or to include new members. The text presents a comparative perspective of regional integration based on case studies, by applying the same theoretical framework and a comprehensive methodology for assessing the economic readiness of membership-seeking countries while also considering regional differences. It investigates the impact of regional integration on income inequality and poverty reduction by examining how common development, economic policies and social programs implemented by regional organizations affect the distribution of income and wealth among member states. The comprehensive investigation of regional integration, covering economic, social and institutional factors, makes the book highly relevant for advanced students, researchers and scholars. Additionally, its potential policy context application makes it useful for policymakers and practitioners participating in regional integration programs.