Matrix of business benefits as a tool to study the digitalization potential using a mini-plant to prepare non-explosive components of emulsion explosives

Abstract

Modern business solutions set a trend towards integrating digital technologies into all areas of corporate organization. Digitalization plays a key role in modern business, enabling companies to increase the process efficiency, reduce costs, and improve product quality and maintenance efficiency. It also helps to be competitive in the marketplace and adapt to changing customer demands. In order to maximize the effects of implementing digitalization, the transformation needs to encompass not only the local business processes and business models, but also the corporate culture. The study analyses the process of exploring the digitalization potential for a modular mobile plant (mini-plant) that produces non-explosive components of emulsion explosives developed by AZOTTECH. The paper identifies the key points necessary for successful implementation of the digitalization process at the mini-plant, which can serve as a basis for designing a digital twin implementation strategy. It also describes application of a modern approach in performance evaluation using the matrix of business benefits.