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Knowledge and Digitization Intensive SMEs

Knowledge and Digitization Intensive SMEs

Redi Gomis, Alfredo Hualde and Maximino Matus*

Disruptive technologies like the Internet of things, cloud computing, Big Data, artificial intelligence, robotics, and mobile communications are imposing big challenges to companies and governments. In the case of manufacturing, this set of technologies can be found in concepts like Industry 4.0, intelligent manufacturing, or cyber-physical systems. Digitization implies a profound change that, in addition to the introduction to the appropriate digital technologies, entails substantial organizational modifications with the consequent increase in complexity at all levels and the emergence of new forms of competence. For many, joining the digital transformation wave is not an option, but mandatory. According to Schreckling, the motto is: “digitalize or drown.”