The Impact Of Digital Transformation On The Enterprise Value Creation

With the development of digital technologies such as the Internet and cloud computing,the continuous integration of digital technologies and social and economic development has promoted the development of the social economy towards high-quality,and changed the traditional production and operation methods of enterprises.Digital technology has changed the traditional transaction methods,accelerated the frequency of transactions,shortened the transaction time,greatly reduced transaction costs,reduced the cost of enterprises and improved the efficiency of enterprises,and changed the traditional production and operation methods of enterprises.With the wave of digitalization sweeping across many industries,it is also the general trend for the energy and power industry to choose digital transformation.The digital transformation of the energy and power industry is also an important measure of my country’s energy revolution.As countries pay more and more attention to and support the digital economy,major companies are realizing that digital transformation will help companies adjust their economic structure and improve business performance.Enterprises related to the energy and power industry have also begun to explore the digital transformation of enterprises.As the first in the energy and power industry to initiate digital transformation,China Southern Power Grid began to lay out a digital transformation strategy in 2018 and started the construction process in 2019.So far,China Southern Power Grid has achieved improvements through digital transformation.Enterprise profitability and operational efficiency have improved a series of achievements such as social power satisfaction.This thesis selects China Southern Power Grid as a case company,and expounds the background,motivation and transformation process of China Southern Power Grid’s digital transformation.It uses the theory of synergy,business process reengineering and value chain theory to analyze the digital transformation path and model of China Southern Power Grid.Through financial and non-financial performance indicators Evaluate the outcomes of digital transformation.The purpose of this thesis is to enrich the research on the impact of digital transformation on the value creation of enterprises,so as to provide reference experience for the digital transformation of other enterprises in the energy and power industry.The digital transformation of China Southern Power Grid has comprehensively changed the existing production and operation mode of China Southern Power Grid,increasing the profitability of the enterprise,improving the operational efficiency,and enhancing the sense of power gain in society.Among them,the digital transformation of China Southern Power Grid has reshaped the energy industry chain,Power big data drives all aspects of production to improve operational efficiency,reduce operating costs and improve corporate efficiency,thereby increasing corporate value creation capabilities.Through the power big data chain,China Southern Power Grid has eliminated information barriers between different departments and different production links,strengthened cooperation and exchanges between different departments and different production links,and improved the overall operation and management capabilities of the enterprise,which has a great impact on the production and operation efficiency of the enterprise.Significantly improve the effect.Based on the above analysis results,this thesis summarizes the relevant experience of China Southern Power Grid and puts forward corresponding suggestions for the digital transformation of related enterprises in the energy and power industry.For China Southern Power Grid,China Southern Power Grid should continue to use digital technology as the core driving force for enterprise innovation and development,attach importance to power big data assets,and promote production and operation reform.Assist the energy industry chain and its participating enterprises to complete digital transformation and enhance the competitiveness of enterprises.Relevant enterprises in the energy and power industry can draw on the experience of China Southern Power Grid’s digital transformation according to their own actual conditions to formulate digital transformation strategies and plans that meet the company’s development goals,improve corporate profitability,reduce corporate costs,and improve their core competitiveness.