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For few years, industry, economy and society have suffered deep transformations under the effect of technological developments and digital innovations. Firms in almost all industries have reacted to these changes and conducted a number of initiatives to explore new digital technologies, in order to preserve and enhance their competitive advantage. This frequently involves transformations that impact not only business operations and processing but that can also reshape entire business models, affecting products, services as well as organizational structure.
In this paper, we analyse the concept of digital transformation and describe the different steps to define a strategy related to this topic and initiate change. The aim is to apply the learnings on a company in particular, SOCAMUT subsidiary from SOWALFIN Group. We want to understand how the company can adapt to digital evolution and keep its processes and products attractive for its customers, namely banks and small Walloon-based enterprises. 

We examine SOCAMUT’s environment, as well as its internal structure and performance. We have found that the most significant threat comes from the changes in SOCAMUT customers’ expectations, due to technological advances, for which SOCAMUT’s offer is not sufficiently adapted. At the same time, technologies are sources of opportunities: they allow automation, possibilities of software integration, use of omni-channel distribution, or valuable data collection. 

Based on our observations, we formulate proposition for a new vision towards digital transformation and we recommend strategic and operational objectives, along with key performance indicators to monitor their achievement. We recommend starting the transformation with the development of a sharing structure dedicated to digital thinking, as well as the improvement of operational efficiency and communication with banks thanks to use of new technologies.

digital transformation --- financial sector --- strategy --- SOCAMUT --- Sciences économiques & de gestion > Stratégie & innovation

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Normen und Standards sind integraler Bestandteil der digitalen Transformation. Unternehmen und Anwender finden jedoch eine immer komplexere Standardisierungs- und Normungslandschaft vor. Das Buch leistet einen wichtigen Beitrag, um diese Komplexität besser zu durchdringen. Im ersten Teil "Normen und Standards anwenden" werden Recherche- und Analysetools vorgestellt, die Bedeutung von Normen für die Verbreitung neuer Technologien diskutiert und Referenzarchitekturmodelle detailliert erklärt. Im zweiten Teil "Normen und Standards erstellen" werden innovative Methoden zur Konsensfindung, die unternehmerische Entscheidung in Bezug auf Normung, Patentierung, Offenlegung und Lizenzierung, die Rolle der Open-Source-Communities in der Normung sowie das Thema Cybersicherheit in den Blick genommen. Die Autoren aus Wissenschaft und Praxis liefern Unternehmern, Normungsorganisationen sowie politischen Entscheidungsträgern konkrete Entscheidungshilfen und Anregungen für die Anwendung und Erstellung von Normen und Standards. Norms and standards are indispensable for the success of the economy's digital transformation, even as their applications become more and more complex. This book sheds light on relevant findings from standards research, participation in standardization consortia, certification, and other important aspects and condenses them into specific recommendations.

Standardization --- Information technology --- Data processing. --- Standards. --- Industrial engineering --- Grading --- Mass production --- Specifications --- Testing --- BUSINESS & ECONOMICS / Commerce. --- digital transformation --- norms --- standards --- standards research --- standardization consortia

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Following the digital revolution, technology has shaken up the codes of some traditional professions. After the banking world, technology and new business models are attacking the insurance sector. It is therefore important for the actors in this sector to consider the threats but also the opportunities that InsurTechs bring to the market. Because of this digitalisation of insurance, it is now easier for the insured to subscribe to insurance without using a broker. This is the threat that Patrimoine Consult S.A., which operates on the Belgian-Luxembourgish market, faces.
The objective of the project presented in this book is to help the digital transformation of the life insurance and investment broker through the implementation of new tools. These tools make it possible to offer new services, mainly digital, to the (new) clients of Patrimoine Consult so that the company can avoid being swallowed up by InsurTechs. These new solutions bring real added value to the services offered in a niche market in order to attract more and more demanding customers with an increasing interest in using digital channels. This diversification of services is not only essential for the company to thrive but also to show the usefulness of brokers against new 100% digital players and against competitors offering standardised products and services.

InsurTechs --- Broker --- Life Insurance --- Investments --- Digital Transformation --- Business Processes --- Information Flows --- Digital Signature --- Digital Brokerage --- Sciences économiques & de gestion > Production, distribution & gestion de la chaîne logistique

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The purpose of this Special Issue is to investigate topics related to sustainability issues in the new era, especially in Industry 4.0 or other new manufacturing environments. Under Industry 4.0, there have been great changes with respect to production processes, production planning and control, quality assurance, internal control, cost determination, and other management issues. Moreover, it is expected that Industry 4.0 can create positive sustainability impacts along the whole value chain. There are three pillars of sustainability, including environmental sustainability, economic sustainability, and social sustainability. This Special Issue collects 15 sustainability-related papers from various industries that use various methods or models, such as mathematical programming, activity-based costing (ABC), material flow cost accounting, fuel consumption model, artificial intelligence (AI)-based fusion model, multi-attribute decision model (MADM), and so on. These papers are related to carbon emissions, carbon tax, Industry 4.0, economic sustainability, corporate social responsibility (CSR), etc. The research objects come from China, Taiwan, Thailand, Oman, Cyprus, Germany, Austria, and Portugal. Although the research presented in this Special Issue is not exhaustive, this Special Issue provides abundant, significant research related to environmental, economic, and social sustainability. Nevertheless, there still are many research topics that require our attention to solve problems of sustainability.

carbon reduction --- PID controller --- n/a --- time study --- VIKOR --- life cycle cost analysis (LCCA) --- Activity-Based Costing (ABC) --- LS-ARIMAXi-ECM model --- DANP (DEMATEL based ANP) --- multi-attribute decision model (MADM) --- artificial intelligence --- white noise --- OECD --- integrated mathematical programming --- Activity-Based Standard Costing (ABSC) --- qualitative-empirical study --- energy efficiency --- multi-attribute value theory (MAVT) --- e-commerce platform --- decision making trial and evaluation laboratory (DEMATEL) --- colored noise --- carbon tax policy --- material flow cost accounting --- Manufacturing Execution System (MES) --- cap & trade --- manufacturing sustainability --- sustainability --- OEE --- mathematical programming --- aluminum-alloy wheel industry --- sustainable development --- return policy --- small and medium enterprises --- decision making --- Enterprise Resource Planning (ERP) --- tire industry --- footwear industry --- carbon tax --- electrical appliances --- niche inheritance --- carbon emission --- social sustainability --- material handling systems --- small and medium-sized enterprises --- product-mix decision --- internal control --- economic growth --- active suspension --- Industry 4.0 --- corporate social responsibility --- greenhouse gas --- carbon emissions --- succession plan --- digital transformation --- corporate social responsibility (CSR) --- fuel consumption --- agent-based control architecture --- sustainability performance --- activity-based costing (ABC) --- corporate characteristics --- firm value --- industry 4.0 --- digital platforms --- ISO14051 --- theory of constraints (TOC) --- long- and short-term --- NSGAII --- CO2 emissions --- family capital --- green production --- industrial internet of things --- multi-objective optimization --- family business --- exogenous variables