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The merging of services and digital technologies generates remarkable opportunities in manufacturing, by allowing more efficient processes, adding value to products, and supporting improved managerial decisions with richer, faster and sounder information. Although the importance of this phenomenon, the scientific knowledge is not sufficient. By analyzing the emerging trends of digitization and servitization in manufacturing we tried firstly to identify the key digital technologies to the servitization by studying different frameworks and the national industry 4.0 policy initiatives in Europe. Secondly to describe and explain if and how they enable this transformation. This paper aims specifically to provide a framework which is able to rationalize and systemize the existing knowledge on the topic by conducting a literature review. This study is considered as the first step of a research program on how these two megatrends …