Development of Algorithm to Measure Digital Potential of High-tech Industrial Cluster

2019

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DOI 10.1145/3372177.3373352
Data confidence 70 medium
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Abstract

Industry 4.0, which is aimed at the global introduction of cyber-physical systems into industry, has determined further development pathways for cluster systems; one of the pathways is digitalization of business processes, which enables cutting costs significantly, manufacturing a high-tech innovative product, reducing time for communication between all the participants in the industrial cluster, revealing new sources for project funding, simplifying human work via relevant software and robotics adopted in the industry. All these factors become more urgent in the framework of functioning high-tech industrial clusters, which have not evolved only from the protocluster to the innovative active industrial cluster, but overtook their rivals by using these innovative available tools of the digital economy.