Hardly any other term is used as frequently these days as "digitalization." But what exactly do we mean by it? What does digitalization mean to the voestalpine Group? Which opportunities and risks are implied? What examples do we have of digitalization? What measures have already been taken?
In the coming weeks and months, voestalpine’s communication campaign will focus on providing an overview of digitalization and how the group will be using digitalization to its own advantage.
Digitalization has already led to substantial changes in many areas of our lives, and economies are experiencing a significant transformation. This transformation process began decades ago, and we already have a glimpse of what our world of work will look like tomorrow.
Digitalization processes are currently undergoing changes in two different ways: On the one hand, new technologies and possibilities in data processing are accelerating digitalization processes. On the other hand, digitalization is being implemented on more and more levels. The great digital transformation—with its technological impact on our production processes, jobs and employment, business models as well as on the interaction between suppliers and customers both inside and outside the company—is still ahead of us.
"The process of digitalization is very profound. It significantly impacts our production and R&D operations as well as our sales channels, our purchasing processes, our human resource management. All of these departments will not be the same in ten to fifteen years."
In the coming months voestalpine will be using the internal and external communications channels to report extensively on the various aspects of digitalization. voestalpine would like to demonstrate what concerns in the corporate group and what voestalpine mean by digitalization. Individual topics will be discussed and placed into their proper context. Please find articles, videos and much more at the dedicated microsite.
"We are currently in the process of carefully, deliberately and decidedly making an important digital transformation, just as we carefully, deliberately and decidedly evolved from our role as a steelmaker into a technology enterprise."