Re-designing the business organization using disruptive innovations based on blockchain-IoT integrated architecture for improving agility in future Industry 4.0

2021 ◽  
Vol 28 (5) ◽  
pp. 1883-1908 ◽  
Author(s):  
Santosh B. Rane ◽  
Yahya Abdul Majid Narvel
Keyword(s):  
Internet Of Things ◽  
Industry 4.0 ◽  
Design Methodology ◽  
Oil And Gas ◽  
Business Organization ◽  
Content Type ◽  
Disruptive Technologies ◽  
Blockchain Technology ◽  
Disruptive Innovations ◽  
Integrated Architecture

Purpose Blockchain and Internet of Things (IoT) technologies have recently gained much attention for Industry 4.0. With the emergence of disruptive technologies, it has become essential to redesign the business for innovations based on blockchain–IoT integrated architecture that helps organizations to improve agility in their operations. The paper aims to discuss this issue. Design/methodology/approach An industrial pump was Sensorized and IoTized to monitor its operations on real time and take predictive measures for managing these assets with more agility. The developed architecture was further extended for proposing the use of blockchain and how it can benefit the organization. Findings The known features of blockchain such as increasing the capacity of decentralization, trust-less transactions, security and allowing autonomous coordination of the devices along with the boons of IoT will help achieve the motto of improving agility in Industry 4.0. Originality/value This paper gives a new dimension to utilization of blockchain technology. blockchain along with IoT that gives a way forward for industries like manufacturing, oil and gas, engineering and construction, utilities, etc. to re-designing the business organization in a more agile way.

A four-step blueprint for digital reinvention

2016 ◽  
Vol 44 (4) ◽  
pp. 18-25 ◽  
Author(s):  
Saul J. Berman ◽  
Peter J. Korsten ◽  
Anthony Marshall
Keyword(s):  
Internet Of Things ◽  
Design Methodology ◽  
The Internet ◽  
Content Type ◽  
New Ways Of Working ◽  
Partner Relationships ◽  
Strategic Focus ◽  
The Internet Of Things ◽  
Practical Implications ◽  
Customer Need

Purpose Digital reinvention helps organizations create unique, compelling experiences for their customers, partners, employees and other stakeholders. Design/methodology/approach Digital reinvention combines the capabilities of multiple technologies, including cloud, cognitive, mobile and the Internet of Things (IoT) to rethink customer and partner relationships from a perspective of fundamental customer need, use or aspiration. Findings The most successful digitally reinvented businesses establish a platform of engagement for their customers, with the business acting as enabler, conduit and partner Practical implications For successful digital reinvention, organizations need to pursue a new strategic focus, build new expertise and establish new ways of working. Originality/value The article offers a blueprint for digital reinvention that involves rethinking customer and partner relationships from a perspective of fundamental customer need, use or aspiration.

Blockchain as supply chain technology: considering transparency and security

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Pei Xu ◽  
Joonghee Lee ◽  
James R. Barth ◽  
Robert Glenn Richey
Keyword(s):  
Supply Chain ◽  
Text Mining ◽  
Information Security ◽  
Design Methodology ◽  
Use Cases ◽  
Future Research ◽  
Content Type ◽  
Blockchain Technology ◽  
Twitter Data ◽  
The Way

PurposeThis paper discusses how the features of blockchain technology impact supply chain transparency through the lens of the information security triad (confidentiality, integrity and availability). Ultimately, propositions are developed to encourage future research in supply chain applications of blockchain technology.Design/methodology/approachPropositions are developed based on a synthesis of the information security and supply chain transparency literature. Findings from text mining of Twitter data and a discussion of three major blockchain use cases support the development of the propositions.FindingsThe authors note that confidentiality limits supply chain transparency, which causes tension between transparency and security. Integrity and availability promote supply chain transparency. Blockchain features can preserve security and increase transparency at the same time, despite the tension between confidentiality and transparency.Research limitations/implicationsThe research was conducted at a time when most blockchain applications were still in pilot stages. The propositions developed should therefore be revisited as blockchain applications become more widely adopted and mature.Originality/valueThis study is among the first to examine the way blockchain technology eases the tension between supply chain transparency and security. Unlike other studies that have suggested only positive impacts of blockchain technology on transparency, this study demonstrates that blockchain features can influence transparency both positively and negatively.

The Internet of Things and its impact on the library

2016 ◽  
Vol 117 (3/4) ◽  
pp. 289-292 ◽  
Author(s):  
Bruce Massis
Keyword(s):  
Internet Of Things ◽  
Literature Review ◽  
Design Methodology ◽  
Security And Privacy ◽  
The Internet ◽  
Content Type ◽  
Privacy Concerns ◽  
Potential Impact ◽  
The Internet Of Things

Purpose – The purpose of this paper is to consider the Internet of Things (IOT) and its potential impact on libraries. Design/methodology/approach – This paper presents a literature review and a commentary on this topic that have been addressed by professionals, researchers and practitioners. Findings – In communicating the issues when comprehending the scope of the IOT, libraries need not succumb to the sometimes near-hysteria that surrounds the rhetoric regarding security and privacy. But, librarians must actively engage in the conversation and its subsequent actions to respond to patrons who use library networks and devices with calm, logical and transparent answers to those questions concerning what they are doing to ensure that security and privacy vulnerabilities are regularly addressed. Originality/value – The value in concentrating on this topic is to provide background and suggest several approaches to security and privacy concerns regarding the IOT.

scholarly journals Digital Transformation, AI Applications and IoTs in Blockchain Managing Commerce Secrets: And Cybersecurity Risk Solutions in the Era of Industry 4.0 and Further

Webology ◽  
2021 ◽  
Vol 18 (Special Issue 04) ◽  
pp. 453-465
Author(s):  
Nguyen Dinh Trung ◽  
Dinh Tran Ngoc Huy ◽  
Le Thi Thanh Huong ◽  
Ta Van Thanh ◽  
Nguyen Thi Phuong Thanh ◽  
...  
Keyword(s):  
Artificial Intelligence ◽  
Internet Of Things ◽  
Data Security ◽  
Industry 4.0 ◽  
Swot Analysis ◽  
Digital Transformation ◽  
High Data ◽  
Blockchain Technology ◽  
Inductive Methods ◽  
As Relationship

Once again in this study, we emphasizes strongly on applications of mathematical solutions for industrial uses. By using qualitative analysis, synthesis and inductive methods, together with statistic data, our paper target is to analyze aspects of SWOT analysis on blockchain technology and its opportunities for various industries and sectors in emerging markets such as Vietnam. This is based on the original foundation theory indicating that blockchain tech functioned as a mathematical solutions that can be applied for solving commerce secrets, with high data security and can be used for intellectual property. Among our research results is findings on the connection between IoTs - Internet of Things and blockchain tech, as well as relationship between AI - Artificial intelligence and blockchain tech. Last but not least authors propose cybersecurity risk solutions and there are policies implications attached.

Internet of Things and its applications in libraries: a literature review

2018 ◽  
Vol 38 (1) ◽  
pp. 67-77 ◽  
Author(s):  
Xueling Liang
Keyword(s):  
Internet Of Things ◽  
Design Methodology ◽  
Web Of Science ◽  
Service Innovation ◽  
Future Trends ◽  
Content Type ◽  
Library Management ◽  
The Past ◽  
Potential Impact ◽  
Managerial Perspective

Purpose Internet of Things (IoT) is an emerging paradigm that draws academia and industry attention in the past few years. The purpose of this paper is to review the current research on IoT in library operation, and report the future trends and research challenges as well. Design/methodology/approach To conduct this research, the literature on IoT and its application in libraries was retrieved from major databases such as Web of Science, IEEE Xplore, Scopus and Inspec for the period between 2010 and 2018. Findings This study identifies IoT potential impact on libraries, and excavates some valuable literature on IoT and its application in libraries from managerial perspective, especially focuses on library service innovation in IoT era. Originality/value The IoT application in libraries is a new subject. This study provides an overview of IoT application in libraries. The findings of this study contribute to the research on IoT and its role in library management.

Do repetitive and non-repetitive companies equally benefit from Lean 4.0?

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Fabiana Dafne Cifone ◽  
Alberto Portioli Staudacher
Keyword(s):  
Quantitative Analysis ◽  
Exploratory Study ◽  
Industry 4.0 ◽  
Design Methodology ◽  
Deep Understanding ◽  
Operational Performance ◽  
Network Approach ◽  
Ongoing Debate ◽  
Content Type ◽  
Production Strategies

PurposeThe integration between the traditional lean management and Industry 4.0, namely called Lean 4.0, is under the spotlight of both academia and practitioners. While we agree on the benefits Lean 4.0 may bring to companies performance, we still lack a deep understanding of the characteristics of this paradigm, such as its effective application space. Recalling traditional lean better suits repetitive companies, we are keen to understand whether the anew Lean 4.0 will enlarge its application space.Design/methodology/approachWe performed an exploratory study, using a quantitative analysis based on Bayesian network approach to investigate whether Lean 4.0 results to be as effective in repetitive companies as in non-repetitive ones, in terms of operational performance.FindingsWhile our findings confirm that Lean 4.0 will enhance companies' performance regardless their production strategies, companies adopting a repetitive strategy do benefit from a much higher improvement. Our findings provide an insight on the true applicability space of Lean 4.0, which seems to be the same as the traditional lean.Originality/valueWe contribute to the ongoing debate of Lean 4.0 providing initial empirical evidence on how to improve the operational performance in non-repetitive companies, seeing that Lean 4.0 might not be the best choice in its current format.

Modelling blockchain-based business processes: a comparative analysis of BPMN vs CMMN

2021 ◽  
Vol 27 (2) ◽  
pp. 638-657
Author(s):  
Fredrik Milani ◽  
Luciano Garcia-Banuelos ◽  
Svitlana Filipova ◽  
Mariia Markovska
Keyword(s):  
Design Methodology ◽  
Business Processes ◽  
Process Analysis ◽  
Process Models ◽  
Disruptive Technology ◽  
Content Type ◽  
Advantages And Disadvantages ◽  
Blockchain Technology ◽  
Block Chain ◽  
Insight Into

PurposeBlockchain technology is increasingly positioned as a promising and disruptive technology. Such a promise has attracted companies to explore how blockchain technology can be used to gain significant benefits. Process models play a cardinal role when seeking to improve business processes as they are the foundation of process analysis and redesign. This paper examines how blockchain-oriented processes can be conceptually modelled with activity- (BPMN) and artifact-centric (CMMN) modelling paradigms.Design/methodology/approachThis paper discusses how commonly occurring patterns, specific to block-chain-based applications, can be modelled with BPMN and CMMN. Furthermore, the advantages and disadvantages of both notations for accurately representing blockchain-specific patterns are discussed.FindingsThe main finding of this paper is that neither BPMN nor CMMN can adequately and accurately represent certain patterns specific for blockchain-oriented processes. BPMN, while supporting most of the patterns, does not provide sufficient support to represent tokenization. CMMN, on the other hand, does not provide support to distinguish between activities executed and data stored on-chain versus off-chain.Originality/valueThe paper provides insight into the strengths and weaknesses of BPMN and CMMN for modelling processes to be supported by blockchain. This will serve to aid analysts to produce better process models for communication purposes and, thereby, facilitate development of blockchain-based solutions.

Software documentation is not enough! Requirements for the documentation of AI

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Florian Königstorfer ◽  
Stefan Thalmann
Keyword(s):  
Artificial Intelligence ◽  
Business Process ◽  
Design Methodology ◽  
Governance Mechanism ◽  
It Industry ◽  
Specific Nature ◽  
Content Type ◽  
Software Documentation ◽  
Disruptive Technologies ◽  
Present Information

Purpose Artificial intelligence (AI) is currently one of the most disruptive technologies and can be applied in many different use cases. However, applying AI in regulated environments is challenging, as it is currently not clear how to achieve and assess the fairness, accountability and transparency (FAT) of AI. Documentation is one promising governance mechanism to ensure that AI is FAT when it is applied in practice. However, due to the nature of AI, documentation standards from software engineering are not suitable to collect the required evidence. Even though FAT AI is called for by lawmakers, academics and practitioners, suitable guidelines on how to document AI are not available. This interview study aims to investigate the requirements for AI documentations. Design/methodology/approach A total of 16 interviews were conducted with senior employees from companies in the banking and IT industry as well as with consultants. The interviews were then analyzed using an informed-inductive coding approach. Findings The authors found five requirements for AI documentation, taking the specific nature of AI into account. The interviews show that documenting AI is not a purely technical task, but also requires engineers to present information on how the AI is understandably integrated into the business process. Originality/value This paper benefits from the unique insights of senior employees into the documentation of AI.

Blockchain basics

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Keyword(s):  
Case Studies ◽  
Design Methodology ◽  
Reading Time ◽  
Global Scale ◽  
Fashion Industry ◽  
Content Type ◽  
Sustainable Supply Chains ◽  
Blockchain Technology ◽  
Pertinent Information ◽  
Practical Implications

Purpose This paper aims to review the latest management developments across the globe and pinpoint practical implications from cutting-edge research and case studies. Design/methodology/approach This briefing is prepared by an independent writer who adds their own impartial comments and places the articles in context. Findings Sustainable supply chains in the fashion industry are under pressure to become more resilient and ubiquitous. Blockchain technology may be the key to implementing transparency on a global scale. Originality/value The briefing saves busy executives, strategists and researchers hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy-to-digest format.

Organizing work and activities to cope with age – the role of entrepreneurship for individuals aged 50+

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Carin Holmquist ◽  
Elisabeth Sundin
Keyword(s):  
Labor Market ◽  
Qualitative Methods ◽  
Design Methodology ◽  
The Elderly ◽  
Organizational Form ◽  
Business Organization ◽  
Content Type ◽  
Entrepreneurship Theory ◽  
Over Time

PurposeThe aim of this article is to discuss how age and entrepreneurship interact in the specific case of older (50+) entrepreneurs. Building on theories on entrepreneurship and theories on age and aging, the authors’ focus is on how such entrepreneurs relate to the building and running of a business organization. The authors discuss how entrepreneurship among the elderly plays out and how older entrepreneurs relate to the narratives on both age and entrepreneurship.Design/methodology/approachThis research comprises quantitative as well as qualitative studies. The authors show that qualitative methods that unfold the process over time are necessary and essential to fully understand how and why entrepreneurs start their own business and/or continue to run it at older ages.FindingsThe authors find that the choice to become an entrepreneur at the age of 50+ (or to stay as one) is not a goal in itself, becoming an entrepreneur is a means to stay active in the labor market.Originality/valueThe study findings add to entrepreneurship theory by insights on the link between entrepreneurship and the labor market where the authors argue that becoming an entrepreneur at ages 50+ might be more a question of choice of organizational form than a question on a way of living or occupation. The authors also contribute to theories on age by showing that entrepreneurs aged 50+ choose entrepreneurship as a means to be able to stay in the labor market.

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