Measuring Industry Digital Transformation With a Composite Indicator: A Case Study of the Utility Industry

• Autorzy: Larysa Yakymova , Andrea Novotná , Vasyl Kuz , László Tamándl
• Języki publikacji: EN

Abstrakty

EN

Climate change, urban sprawl, a global pandemic, and the general trend of digitizing economies are driving the need for digital transformation of utilities. Policymakers of industry digital transformation need some aggregated metric that captures the essence of this multidimensional concept, identifies the pros and cons of current policies, and guides future directions based on cross-country benchmarking. This study develops the Industry Digital Transformation Index for the utility industry (IDTIu) as a composite indicator. IDTIu provides an aggregate score for the digital transformation of the national utility industry based on 31 indicators grouped into 8 sub-indices. IDTIu scores were calculated for 34 European countries based on 2020 data. To avoid the methodological challenges of equal weighting and expert assessments, we applied the original Benefit-of-the-Doubt (BoD) model and its two extensions for the proportion and priority of sub- indices. Our results show that (i) the full flexibility of the original BoD model leads to the expected deficiencies in ranking leaders and assigning zeros to insignificant sub-indices; (ii) BoD model with ordinal sub-index share restrictions does not allow ranking of laggards when IoT, AI, and BDA are ranked as top 3 priorities. Therefore, at the current stage of the digital transformation of utilities, we recommend the BoD model with proportional sub-index share restrictions. (original abstract)

Słowa kluczowe

EN

Digital transformation; Public utilities; Public utility services

PL

Transformacja cyfrowa; Gospodarka komunalna; Usługi użyteczności publicznej

• Czasopismo: Journal of International Studies
• Rocznik: 2022
• Tom: 15
• Numer: nr 1
• Strony: 168--180

Twórcy

autor

Larysa Yakymova

• Yuriy Fedkovych Chernivtsi National University Chernivtsi, Ukraine

autor

Andrea Novotná

• Institute of Technology and Business in České Budějovice, Czech Republic

autor

Vasyl Kuz

• Yuriy Fedkovych Chernivtsi National University Chernivtsi, Ukraine

autor

László Tamándl

• Széchenyi István University, Hungary

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Identyfikatory

DOI

10.14254/2071-8330.2022/15-1/11