scholarly journals Where the Engineers Are

2005 ◽  
Vol 127 (06) ◽  
pp. 26-31
Author(s):  
Alan S. Brown
Keyword(s):  
Stainless Steel ◽  
Business Model ◽  
Low Cost ◽  
Medium Size ◽  
Two Dimensional ◽  
3D Cad ◽  
Offshore Engineering ◽  
New Business ◽  
Cad Models ◽  
The Cost

This article appreciates the powerful pull of low-cost offshore engineering services. Elkay, a privately held company, employs 3800 workers at 14 manufacturing sites. For most of its 85-year history, it has made stainless steel sinks and plumbing accessories from two-dimensional drawings. In many ways, Elkay’s case highlights the forces behind the new shift to offshore engineering. While multinationals have shuffled work among remote engineering centers for decades, small and medium-size companies are just starting to tap foreign engineering talent. Access to offshore services makes many companies more competitive. Barry-Wehmiller used its Indian center to cut the cost of customizing packaging machines. Elkay used the same engineers to build a library of 3D CAD models that let it design products faster and cheaper. The auto industry is already adapting a new business model that involves collaborating in real time across nontraditional boundaries.

A Digital Economy Model for Talent Prediction Data Analytic

2019 ◽  
Vol 2 (4) ◽  
pp. 260-266
Author(s):  
Haru Purnomo Ipung ◽  
Amin Soetomo
Keyword(s):  
Business Model ◽  
Industrial Revolution ◽  
Technology Innovation ◽  
Cost Effective ◽  
Sharing Economy ◽  
Token Economy ◽  
Economy Model ◽  
New Business ◽  
The Cost ◽  
Data Analytic

This research proposed a model to assist the design of the associated data architecture and data analytic to support talent forecast in the current accelerating changes in economy, industry and business change due to the accelerating pace of technological change. The emerging and re-emerging economy model were available, such as Industrial revolution 4.0, platform economy, sharing economy and token economy. Those were driven by new business model and technology innovation. An increase capability of technology to automate more jobs will cause a shift in talent pool and workforce. New business model emerge as the availabilityand the cost effective emerging technology, and as a result of emerging or re-emerging economic models. Both, new business model and technology innovation, create new jobs and works that have not been existed decades ago. The future workers will be faced by jobs that may not exist today. A dynamics model of inter-correlation of economy, industry, business model and talent forecast were proposed. A collection of literature review were conducted to initially validate the model.

Development of Stainless Steel (SS316L) Foam with Different Composition Using Compaction Method

2015 ◽  
Vol 1087 ◽  
pp. 86-90 ◽  
Author(s):  
Murni Faridah Mahammad Rafter ◽  
Sufizar Ahmad ◽  
Rosdi Ibrahim ◽  
Rosniza Hussin ◽  
H.M. Taib
Keyword(s):  
Stainless Steel ◽  
Powder Metallurgy ◽  
Low Cost ◽  
Size Control ◽  
Medium Size ◽  
Sintering Process ◽  
Font Size ◽  
Porous Metals ◽  
X Ray ◽  
Compaction Method

<span><span style="font-family: Times New Roman; font-size: medium;" face="Times New Roman" size="3"> </span> <p><span style="font-size: medium;" size="3"><span style="font-family: Times New Roman;" face="Times New Roman">Powder metallurgy stainless steels are retains unique benefits in preparation of porous metals due to its low cost, better wear, precise size control and corrosion resistance which are significant quality displays. In this study, the fabrication of open cellular stainless steel (SS316L) foams by using a crystalline sugar via compaction method was investigated. In this work, we show a promising method of SS316L preparation with crystalline sugar as space holder particles. Then, the foams will be given to consider the properties of SS316L foam after sintering process. Powder metallurgy process needs to go through the mixing, pressing, sintering and analysis. The selected composition of SS316L was 50 wt % and 55 wt % SS316L while the remaining percentages are foaming agent or binder. Then, sintering process was conducted in the tube furnace. The SS316L foams were characterised using X-Ray Diffraction (XRD) and Energy Diffraction X-ray (EDX). The results of this study indicate that, the XRD was detected Austenite stainless steel. Then, the detected elements in the SS316L foam were O, K, Mn, Cr, Fe, Mo and Al.</span></span></p> <span style="font-family: Times New Roman; font-size: medium;" face="Times New Roman" size="3"> </span>

An Evaluation for Long-Haul Low-Cost Carriers Using User-Generated Content

2020 ◽  
pp. 231-251
Author(s):  
Mahmut Bakır ◽  
Sahap Akan ◽  
Ozlem Atalik
Keyword(s):  
Regression Analysis ◽  
Service Quality ◽  
Business Model ◽  
Airline Industry ◽  
Low Cost ◽  
Perceived Value ◽  
User Generated Content ◽  
Low Cost Carriers ◽  
New Business ◽  
The Relationship

Since the liberalization of the airline industry, the low-cost business model has been developed worldwide and a new business model of long-haul low-cost carriers (LHLCCs) has evolved. This chapter aims to investigate the LHLCC business model from a customer-oriented perspective in terms of service quality and perceived value. For this purpose, the authors investigated the effect of service quality on perceived value for money for LHLCCs. In this chapter, user-generated content was adopted to collect data, and 824 user-generated airline reviews were collected from TripAdvisor.com, the largest tourism-related repository. In order to investigate the relationship, a predictive correlational design was structured and a logistic regression analysis was applied. To contribute to the regression analysis, a receiver operating characteristic (ROC) analysis was performed to measure the classification success. As a result, the logit model describes well the relationship between variables for LHLCCs.

scholarly journals Hybrid” airlines – Generating value between low-cost and traditional

2017 ◽  
Vol 11 (1) ◽  
pp. 577-587 ◽  
Author(s):  
Cristina Stoenescu ◽  
Camelia Monica Gheorghe
Keyword(s):  
Business Model ◽  
Airline Industry ◽  
Business Models ◽  
Low Cost ◽  
Theoretical Perspective ◽  
Loyalty Programs ◽  
Market Segments ◽  
New Business ◽  
Basic Services ◽  
Cost Efficient

Abstract Over the last years, the rise of low-cost airlines has determined significant changes in the airline industry and has shaped the evolution of the existing business models. Low-cost airlines started by offering basic services at very low prices; traditional airlines responded by equally cutting costs and reinventing the services offered, with an orientation towards braking down the fare and implementing add-ons, in order to become cost-efficient. As traditional airlines developed strategies to become competitive in this new environment, low-cost airlines started focusing on new ways of enhancing passenger experience and attracting new market segments. As a result, the fragmentation of the market segments addressed by low cost carriers and traditional airlines became less obvious and the characteristics of both business models started to blend at all levels (airline operation, distribution channels, loyalty programs, fleet selection). Thus, this new competition became the foundation of the development of a new „hybrid” carrier, between the low-cost and the traditional models. This article investigates the characteristics of the newly created business model, both from a theoretical perspective and by analysing several case studies. A particular attention will be granted to the evolution of the Romanian carrier Blue Air towards the “hybrid” model. The article focuses on determining the position of the “hybrid” airline in a market with carriers situated along both sides of this business model: lower cost vs. “better” experience and raises the question on how value can be generated in this context. Another aspect tackled is the understanding of the new segmentation of the market, as a consequence of the development of the new business model. In order to achieve this purpose, a survey has been conducted, aiming to mark out the travel preferences of the passengers travelling through the Henri Coandă International Airport.

scholarly journals Central Transportation Port (CPK) – Market Analysis

2019 ◽  
Vol 2019 (8) ◽  
pp. 13-27
Author(s):  
Marek Serafin ◽  
Ryszard Zaremba
Keyword(s):  
Market Share ◽  
Western Europe ◽  
Central And Eastern Europe ◽  
Joint Venture ◽  
Low Cost ◽  
Medium Size ◽  
Market Niche ◽  
Market Trends ◽  
The Cost ◽  
Network Carrier

The Project of Polish Central Transportation Port (CPK), which has already started, will be of the utmost importance for the whole Polish Transportation System. In addition, the cost of this investment is unprecedented. According to the current estimates the cost will surpass 100 billion Zlotys which means around 23.5 billion EUR. The success of CPK will depend on one condition that it becomes a great international hub. This is possible only if LOT Polish Airlines grows into one of the very few European and then global leaders in intercontinental air traffic. Such growth would, however, be against current strong and stable market trends. The most important is a consolidation trend. The effect of this trend is a growing market power of giants and marginalization or even bankruptcy of small and medium size airlines. Smaller carriers have good chances of survival - or even growth - if they find a stable market niche, which gives them protection from the competitors and market crises. In the process of consolidation an important role is played by Joint Venture Agreements. The parties to them suspend competition and behave in the markets as if they had the same owner. For the medium size network carriers the new and very dangerous market trend has already started. The low cost carriers are developing their intercontinental networks. According to the authors of the Project the great chances of market success of LOT Polish Airlines and CPK are created by the fact that in Central and Eastern Europe there is no dominating network carrier and this market is waiting for a leader. In our report we prove that according to the strong and reliable market data the Lufthansa Group is a dominant network carrier in CEE. To be successful LOT would have to take a large part of their market share. But even that will not be enough. LOT would have to dramatically increase its market share in Western Europe for transit traffic between Asia and Europe.

scholarly journals Implementasi Strategi Pengembangan Bisnis Dengan Business Model Canvas

2021 ◽  
Vol 4 (2) ◽  
pp. 51-61
Author(s):  
Bangkit Rambu Sukarno ◽  
Muhamad Ahsan
Keyword(s):  
Business Model ◽  
Business Strategy ◽  
Swot Analysis ◽  
Practical Implication ◽  
Customer Relationships ◽  
Business Strategies ◽  
Business Model Canvas ◽  
New Business ◽  
The Cost ◽  
Key Resources

This study aims to determine the mapping of existing business strategies and develop new business strategies into a business model canvas. The method used is descriptive qualitative. Data were collected through observation, documentation, and interview. The collected data were analyzed using SWOT analysis and the results were elaborated into nine elements of the Business Model Canvas. The results showed that the business strategy obtained from the Business Model Canvas mapping is good enough because each element supports each other to increase revenue. The practical implication is that several strategies must be improvised to increase revenue, including by developing key resources, increasing the cost structure for advertising, and persuading customers to become resellers as key partnerships, customer relationships, and channels.

A New ICT based Business Model for Tourism Industry for the Maharashtra and Goa States of India

2015 ◽  
Vol 8 (1) ◽  
Author(s):  
K. B. Mahajan ◽  
A. S. Patil ◽  
R. H. Gupta ◽  
B. V. Pawar
Keyword(s):  
Business Model ◽  
Business Environment ◽  
Tourism Industry ◽  
Service Industries ◽  
Economic Sectors ◽  
Efficiency And Effectiveness ◽  
New Business ◽  
Market Needs ◽  
The One ◽  
The Cost

Tourism is the act of travel for the purpose of recreation. It is an industry of moving, housing and entertaining people. It is one of the worlds largest service industries and fastest growing economic sectors in terms of generating gross revenue as well as earning of foreign exchange. Nowadays the Internet and the developments in ICTs have revolutionized the entire tourism industry all over the world. It provides new tools and enables new distribution channels to create a new business environment. In order to increase the efficiency and effectiveness of transactions, to reduce the cost of transactions and to provide the one stop services to the customers, tourism market needs a new ICT based business model to grow tourism industry in the states of Maharashtra and Goa. In this paper we propose a new ICT based tourism business model that includes the modern tools of ICT which affects the tourism business as a whole.

Use of low-cost space launchers could expand globally

2016 ◽  
Keyword(s):  
Low Cost ◽  
Hypersonic Vehicle ◽  
Launch Vehicles ◽  
Soft Landing ◽  
Space Applications ◽  
Content Type ◽  
Successful Recovery ◽  
New Business ◽  
Deep Cuts ◽  
The Cost

Subject Outlook for low-cost satellite launchers. Significance SpaceX has made a breakthrough in satellite-launcher technology, with the successful recovery of a first-stage rocket involving a soft landing. SpaceX is challenging other launcher companies with a new business model that promises deep cuts in the cost of gaining access to space. This could transform the economics of space applications in near-Earth orbit communications and other space-based services. Impacts Some of the potential gains of cheap launch vehicles may require the development of more exotic technologies. Reaction Engines aims to reduce the cost of payload carried directly to low orbit to 1,000 euros (1,090 dollars)/kilogramme, from 22,000. A viable hypersonic vehicle is unlikely to be available before 2030.

scholarly journals Beacons and Blockchains in the Mobile Gaming Ecosystem: A Feasibility Analysis

Sensors ◽  
2021 ◽  
Vol 21 (3) ◽  
pp. 862
Author(s):  
Iakovos Pittaras ◽  
Nikos Fotiou ◽  
Vasilios A. Siris ◽  
George C. Polyzos
Keyword(s):  
High Performance ◽  
Business Models ◽  
Low Cost ◽  
Mobile Gaming ◽  
Context Sensitive ◽  
New Business ◽  
Iot Devices ◽  
Permissioned Blockchains ◽  
The Cost ◽  
Attraction And Retention

We explore the adoption of the Internet of Things (IoT) and Distributed Ledger Technologies (DLTs), such as blockchains, in mobile gaming, focusing on ecosystem expansion and diversification, customer attraction and retention, exploitation of context sensitive and personalized advertisements, and improved monetization of in-game assets. We evaluate the cost and transaction delay of DLTs in a location-based mobile game ecosystem using two types of blockchains (permissioned and permissionless or public), based on defined Key Performance Indicators (KPIs). Our evaluation shows the advantages of using both types of blockchains as well as interledger technologies that combine them. Permissioned blockchains enable high performance, e.g., in terms of throughput and delay, and low cost, while permissionless (public) blockchains, through their transparency, immutability, and openness, support trust and facilitate interactions among unrelated parties. Finally, we show that the combination of IoT devices and DLTs in mobile gaming offers new business opportunities and enables innovative business models for both traditional mobile gaming companies and other participants in the ecosystem, e.g., game players, cafes, malls, and similar establishments, advertising companies, and independent programmers.

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