Assessment of the Digital Competence of Germany: Global Competitive Analysis Towards Global Industries
124 Pages Posted: 8 Jul 2020 Last revised: 13 Jul 2020
Date Written: June 14, 2020
Digital competence plays crucial role in 21st century with the result of new importance given to the overall digital transformation processes as well as domains. Besides technological innovation, several domains such as traditional workplaces or change of the leadership role may be touched significantly. Besides the examination of the forthcoming challenges facing digital competence strategies, there may be a critical analysis applied into Germany’s overall digital capabilities and the transformations readiness to evaluate their future-proofness. By following the Big Data approach, irrational relationships may be disclosed to ensure a generic strength and weakness analysis of Germany in the global competition. Germany has to maintain its innovative strength as never before. Moreover, along with the Industry 4.0 strategy and digital transformation processes, Germany has to enhance its digital abilities across industries. Compared to the most innovative countries, Germany is condemned to failure but can certainly catch up. Germany has failed in practice in the initial stages, like the omission to develop eco-friendly engines. It is necessary to understand the reasons that Germany cannot maintain or ex-tend its lead.
Keywords: Digitization, Industry 4.0, Digital Transformation, Digital Infrastructure, Digital Disruption
JEL Classification: O33
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