Date: 01. 07. 2020.

The development of information and communication technologies leads to more efficient logistics and production processes through the implementation of the Industry 4.0 concept. For this purpose, it is important to establish all elements of the ecosystem to deliver accurate and real-time information to end-users. The identification of relevant parameters provides a starting point in the field of modeling ecosystem elements to create a unique integrated system. In the process of designing a unique integrated system, it is important to create new business models for more efficient business within the concept of Industry 4.0. This paper will outline the possibilities of using the Transformation Accelerator tool in the process of creating new business models. Relevant parameters represent the basis for the successful modeling of a business model in an Industry 4.0 environment. The paper also shows the impact of the business transition from traditional (analog culture) to digital business by comparing current business models.

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