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Fundamental steps towards digitalisation of construction supplying SMEs in Bulgaria

Toteva, Vencislava (2021) Fundamental steps towards digitalisation of construction supplying SMEs in Bulgaria.

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Abstract:The Fourth Industrial Revolution has already begun to transform the world around us. The large companies are grasping onto the new trends of smart technologies, while most of the Small-Medium Sized Enterprises (SME) are lagging behind the change. As a consequence of the lack of a functioning digital strategy and scarcity of resources, they miss on the key benefits of the Smart Industry such as increased productivity and improved market competitiveness. Further, Bulgaria has been ranked as the last country of the European Union, in terms of overall business digitalisation. Thus, the purpose of this research is to identify the fundamental steps towards digitalisation for Bulgarian SMEs which operate as construction suppliers. The objective is to provide theoretical and practical insights to these organisations on how to anticipate Industry 4.0. The paper is constructed as a case study of two Bulgarian companies which manufacture and deliver steel constructions. Their current levels of digitalisation have been measured by the Smart Industry Maturity Scan. Moreover, suitable smart technologies have been proposed as a practical insight. The paper’s contribution to the existing literature relies on the view of digitalisation as an organisational change.
Item Type:Essay (Bachelor)
Faculty:BMS: Behavioural, Management and Social Sciences
Subject:85 business administration, organizational science
Programme:International Business Administration BSc (50952)
Link to this item:http://purl.utwente.nl/essays/86720
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