Empowering Small and Medium-Sized Enterprises through Digital Business Model Innovation
In 2023, Brazil launched its neo-industrialization policy, focusing on digital transformation to boost productivity and global relevance. This policy comes as geopolitical tensions, emerging technologies and climate change are reshaping the business landscape, pressuring manufacturers, especially small- and medium-sized enterprises (SMEs), to innovate.
In 2023, Brazil launched its neo-industrialization policy, focusing on digital transformation to boost productivity and global relevance. This policy comes as geopolitical tensions, emerging technologies and climate change are reshaping the business landscape, pressuring manufacturers, especially small- and medium-sized enterprises (SMEs), to innovate.
While leading manufacturers have progressed in digital transformation, SMEs face significant challenges due to financial and operational constraints. This white paper is a collaboration between the World Economic Forum’s Centre for Advanced Manufacturing and Supply Chains and the Centre for the Fourth Industrial Revolution Brazil. It explores opportunities and pathways for digital business model innovation to develop new levels of competitiveness within global supply chains. It offers a step-by-step guide to overcoming barriers and rethinking business models by harnessing new technologies to enhance efficiency and unlock new revenue streams.
The insights herein aim to help manufacturing companies of all sizes in Brazil and beyond innovate their business models, ensuring long-term success and competitiveness in a rapidly evolving global market.