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The opportunities and challenges of digitalization for SME's

  • University of Johannesburg
  • London South Bank University

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

Abstract

Small and Medium-sized Enterprises (SME's) are prevalent in the South African Industry and have been globally recognized for their contributions to economic development, job creation, poverty alleviation, and innovation. Although SME's are aware and can benefit significantly from digital systems, the time, skills, and finances required to develop SME-specific systems are prohibitive. This is because the ability to define sensor to enterprise systems demands for SME's is dependent on specific needs. The current solutions that are offered to SME's are stand-alone and not integrated. This research provides insights into the engagement and development of a demand-driven SME ecosystem. The research provides insights into the digital system priorities of some 200 South African SME's. Based on the analysis of the survey conducted, the researchers designed and developed the initial four systems for SME's out of the 10 identified. This paper covers the data gathering, design, and delivery phase of the 4 functions.
Original languageEnglish
Title of host publication4th International Conference on Industry 4.0 and Smart Manufacturing
EditorsFrancesco Longo, Michael Affenzeller, Antonio Padovano, Weiming Shen
PublisherElsevier
Pages689-698
Number of pages10
DOIs
Publication statusPublished - 2 Nov 2022
Externally publishedYes
Event4th International Conference on Industry 4.0 and Smart Manufacturing (ISM 2022) - Linz, Austria
Duration: 2 Nov 20224 Nov 2022

Publication series

NameProcedia Computer Science
Volume217
ISSN (Electronic)1877-0509

Conference

Conference4th International Conference on Industry 4.0 and Smart Manufacturing (ISM 2022)
Period2/11/224/11/22

Bibliographical note

Organising Body: Industry and Smart Manufacturing (ISM)

Keywords

  • Digitalization
  • SME's
  • Innovation
  • System development
  • Challenges
  • Opportunitiess
  • Business and management studies

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