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Digitalization at Siemens

24/10/2020 Client: happyw Deadline: 10 Days

Digitalization at Siemens 




Read the article and write your own "synopsis" by answering the following questions:



  • What is the vision for the future of the industrial internet (Internet of Things/Industry 4.0)? What new business models does it support? What changes is it leading to in your businesses?

  • Does it make sense for Siemens to pursue the “Digitalization” initiative as part of Vision 2020? (consider the strategy and competitive advantage)

  • How do you evaluate Siemens approach to digitalization? Is it likely to be more or less effective than the comparable effort at GE?

  • More generally, and given you experiences, when do corporate level initiatives like this work? Not work? When is it appropriate for a company to launch a “corporate initiative?”


3- You will be graded for the following:



  • Length: Your report should be at least 2 pages in length without the cover page.

  • Formatting: cover page, page format, font, etc.

  • Reporting style: introduction, one body paragraph for each answer to each question, and conclusion

  • References: if you have any

  • Originality: similarity must be less than 30%

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