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Challenges Facing Technology Standardization in the Age of Digital Transformation

Challenges Facing Technology Standardization in the Age of Digital Transformation
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Author(s): Brian McAuliffe (HP Inc., Ireland)
Copyright: 2019
Pages: 12
Source title: Corporate Standardization Management and Innovation
Source Author(s)/Editor(s): Kai Jakobs (RWTH Aachen University, Germany)
DOI: 10.4018/978-1-5225-9008-8.ch003


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It is widely recognized that we are in rapid transition to the so-called fourth industrial revolution, a world of digitalization and mass interconnectedness enabled by a plethora of emergent powerful technologies including artificial intelligence (AI), internet of things (IoT), and distributed ledgers (DLT). A key element of this “revolution” is the move to digital manufacturing. While undoubtedly exciting, this transition presents challenges to policymakers, industry, and societal stakeholders alike. One such challenge is defining an optimum level for any market intervention measure(s), such that a balance is struck between ensuring a pro-industrial and economic innovation-friendly approach and guaranteeing adequate levels of consumer-focused protection. Standardization can be leveraged as one element of interventionary policy designed to help strike the required balance, both in its well-proven bottom-up and industry-led voluntary application and as a tool to support implementation of regulations. With a focus on digital transformation, this chapter will analyze the readiness of the current standardization system to support this significant transition focusing on strengths and challenges to be addressed from the perspective of industry, policymakers, and standards-setting organizations.

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