Author(s)

Cen Feng ¹, Dhakir Abbas Ali ¹

Affiliation(s)

¹ Management Faculty of Business and Accountancy, Lincoln University College, Petaling Jaya, Selangor, 47301, Malaysia

Corresponding Author

Cen Feng

ABSTRACT

The digital reform and promotion of enterprises is to implement comprehensive and systematic reform and adjustment of their strategic structure, business strategy, business operation, production management and organizational structure through the application of digital technology. The third industrial revolution has promoted the development of machinery and ushered in a new era of information technology. However, the rapid accumulation of information has brought huge troubles to the operation of a company or a certain field, and the continuous rise of operating costs caused by the reduction of operational efficiency has formed a problem with the characteristics of The Times. Driven by the fourth Industrial Revolution, digital manufacturing has gradually transformed into a common business strategy, its core is to use data as a means of processing, and rely on the ICT platform to build a new industrial manufacturing model. Three major moving factors are driving the digital transformation of enterprises: the implementation of 5G, the rapid use of artificial intelligence, and the technology separation between China and the United States. At the same time, the wide application of 5G has also spawned progress in emerging technology fields such as the Internet of Things and edge computing. In this process, many companies are embarking on digital transformation, in which artificial intelligence plays a key role, driving the emergence of more efficient and smarter production models.

KEYWORDS

Digital transformation; Optimize organizational efficiency; Enterprise resource planning

CITE THIS PAPER

Cen Feng, Dhakir Abbas Ali, The Impact of Digital Transformation on Optimising Organisational Efficiency. Accounting and Corporate Management (2024) Vol. 6: 109-115. DOI: http://dx.doi.org/10.23977/acccm.2024.060214.

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