Customised garment making as the category for sustaining micro enterprise in the scenario of Industry 4 revolution

Author(s):  
Bikas Agrawal

The fast pace of industry at present is unprecedented thanks to the revolution which is taking place post the advent of various facets of Information Technology. The whole world is discussing about Machine learning, Internet of things, block chain , robotics etc. Manufacturing as well as the service sector are largely affected by these disruptive technologies. Keeping in tune with the latest developments has become a huge challenge for the Industry as a whole. Those who are ignorant about the changes are losing faster than they might have thought. Small enterprises are also getting affected by new technologies. Many of the small enterprises are feared to become non- existent. Survival for micro business is necessary, this sector has to adapt suitable and sustainable strategies for its survival. The micro enterprise has to find the intellectual aspect of business that can remain unaffected by the sudden rapid changes in Industry as a whole. Advent of power looms threatened the very existence of handlooms; fabric manufacturing saw a shift from handloom to power looms. Still the appeal of that handmade factor attached to handloom fabric excites quite a large group of people. Garment manufacturing has a similar story of shift from handmade customised garments to factory made ready to wear garments. This paper tries to talk about the appeal of handmade garments which still attracts consumers thanks to multiple factors and can be adapted as a profitable micro enterprise.

2016 ◽  
Vol 4 (3) ◽  
pp. 131-141 ◽  
Author(s):  
Mike Van Esler

Television as a medium is in transition. From DVRs, to Netflix, to HBO Now, consumers have never before had such control over how they consume televisual content. The rapid changes to the medium have led to rhetoric heralding the impending “post-TV era.” Looking at the ways that legacy television companies have adapted to new technologies and cultural practices suggests that rather than traditional television going the way of radio, television as a medium is actually not terribly different, at least not enough to conclude that we have entered a new era. Press releases, discursive practices by the news media, corporate structures and investments, and audience research all point to the rhetoric of post-TV as being overblown. By thinking about contemporary television as being in transition, greater emphasis and attention can be placed on the role that major media conglomerates play in developing, funding, and legitimizing new forms of television distribution, in addition to co-opting disruptive technologies and business models while hindering others.


Author(s):  
D. Shevchenko ◽  
V. Mihaylov

The article is devoted to the problems of digital transformation of companies in the service sector. The article describes the concepts of "digitization", "digitalization", "digital transformation", "automation". The analysis of the main sectors of the public services sector, the processes of transformation into a new business model of their development is carried out. Specific examples show the role of digital technologies implemented by individual companies, the leaders of their industry: "Internet of Things" (IoT); virtual diagnostics of the service; mobile applications and portals; artificial intelligence and machine learning (AI / ML); remote maintenance; UX design; virtual reality; cloud technologies; online services and others. The authors proceed from understanding the difference between automation and digitalization, the strategic goal of which is to create a new digital business model that creates new value. The result of digital transformation is the reconfiguration of processes that change the business logic of the company and the process of creating value. The article concludes that the rapid development of new technologies leads to the fact that companies face not only a dilemma when choosing the most suitable technologies for investment, but also the problem of staffing and finding an adequate organizational structure to create and maintain a new business model of the company.


2021 ◽  
Vol 51 (3) ◽  
pp. 196-207
Author(s):  
S.P. Zemtsov ◽  

The article describes the possible impact of modern technological changes (disruptive technologies, digitalization, and automation) on regional development in Russia based on the patterns of geography of innovations and previous trends. The rates of non-resource growth over the past twenty years have been higher in those regions where inventive activity, intensity of R&D expenditures, share of researchers and employees with higher education were higher, but the same relationship cannot be traced with the intensity of the use of advanced production technologies (automation) and the availability of the Internet. During the declared pandemic in Russia in 2020, patent activity in the vast majority of regions decreased, the processes of production automation slowed down, but digitalization accelerated in terms of internet access and the development of online commerce. The creation of disruptive technologies is still concentrated in large cities and super-regions due to agglomeration effects, knowledge spillovers and concentration of human capital. But the effects of their introduction and distribution can be differentiated. In the leading regions with high proportion of creative professionals and entrepreneurs, development may accelerate, in old industrial regions, automation will increase the risks of temporary unemployment and inequality. For the least developed territories, the lack of digitalization potential and lack of highly qualified personnel may further worsen the situation.


Author(s):  
Agnieszka Trystuła

The dynamic growth of contemporary cadastral systems depends on multiple factors, which include, e.g. economic policy of a given country and possibilities of implementing activities supporting innovation and transfer of new technologies. A modern cadastre should satisfy not only its leading functions, which include, e.g. fiscal, information, legal or record functions. It should also be oriented towards new challenges, including 3D geovisualisation, which will enable multidimensional visualisation of cadastral objects. New data visualisation methods will contribute to extending the existing functions of cadastral systems and to emergence of new functions, e.g. related to ensuring public safety as a basic aim of crisis management, being an important element of sustainable development. This paper presents a concept of a database of multidimensional cadastral system enabling, for instance, 3D visualisation of system objects, incorporating its known functions (e.g. fiscal, information or legal functions), and also a new purpose –support for crisis management. Additionally, the study indicates sources of data that should be used for this type of undertaking (e.g. flood hazard maps, maps of areas at risk of mass land movements, orthophotomaps).


Author(s):  
Catherine Attard

The fast pace of technology has meant that new technologies are often being introduced into classrooms without knowledge of how they can be used to enhance teaching and learning in mathematics. This chapter explores how a small group of teachers used a new technology, the iPad, to teach mathematics within the first six months of their implementation and without the support of professional development. Findings from two separate studies are presented to support the argument that care should be taken when introducing any new technology to teach mathematics in primary classrooms and appropriate professional development that addresses the combination of mathematical content, pedagogy and technology is critical for all teachers, regardless of teaching experience.


Author(s):  
Olefhile Mosweu ◽  
Forget Chaterera-Zambuko

The fourth industrial revolution (4IR) has ushered in several emerging and disruptive technologies. Southern Africa's records management practices have for a long time been reported to lag behind in embracing new technologies. Several studies have revealed lack of requisite skills to manage electronic records while others still lament the un-procedural management of paper records. The intention of this chapter is, therefore, to initiate a discourse that challenges information management practitioners to embrace disruptive technologies lest they themselves get disrupted. There are several emerging technologies, but this chapter focuses on blockchain technology and its possible benefits for records management. Guided by the technology acceptance model, the study established that archivists and records managers in Botswana and Zimbabwe would adopt blockchain if it is easy to use and useful for records management. The chapter ends by proposing a model for the adoption of blockchain technology for records management.


2016 ◽  
pp. 689-709
Author(s):  
Catherine Attard

The fast pace of technology has meant that new technologies are often being introduced into classrooms without knowledge of how they can be used to enhance teaching and learning in mathematics. This chapter explores how a small group of teachers used a new technology, the iPad, to teach mathematics within the first six months of their implementation and without the support of professional development. Findings from two separate studies are presented to support the argument that care should be taken when introducing any new technology to teach mathematics in primary classrooms and appropriate professional development that addresses the combination of mathematical content, pedagogy and technology is critical for all teachers, regardless of teaching experience.


Author(s):  
Julian Joy ◽  
Sumesh Singh Dadwal ◽  
Philiph A. Pryce

Technology is playing a pivotal role in shaping the operations and marketing and events industry. The modern event manager has understood that the event success or failure may depend on the technology used or the lack of it. An event is a set of activities with specific purpose goals and needs of the attendees. An event can be defined as an organised occasion, it provides some lived experience and meaning. The technology has the potential to be used at each stage of the consumers' experience of events. The chapter has taken a resource-based view and analysed how technology can be a tool for operations and service innovation and ultimately a strategics for creating core competencies and core capabilities. This chapter explores how technology can be used in the management event, technology in the value delivery network of events, and marketing of events. Various new technologies like block-chain technology, augment relativity, RFID, social media, digital promotional tactics are discussed.


Author(s):  
Galina Sergeevna Panova ◽  
Irina Vladimirovna Larionova ◽  
Istvan Lengyel

The chapter presents current issues in innovative modernization of financial intermediation. Development of financial innovation in recent years has led to significant structural and functional changes in the system of financial intermediation. New technologies open broad prospects allowing the radical reduction of the costs of information transmission and processing, while exacerbating competition and stimulate the emergence of new financial intermediaries. This chapter analyzes the debate on the theoretical understanding and analysis of financial intermediation, the disruptive technologies influence the economy with focus on organizational changes in financial markets, the use of digital currencies, exploration of blockchain technologies applications, etc. The chapter discusses how technologies have changed the market and the perception of customers as they foster entrepreneurial creativity and disrupt existing financial markets through an introduction of innovative business models of modern credit institutions.


2015 ◽  
Vol 31 (6) ◽  
pp. 4-6 ◽  

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 – In 2015, there was no shortage of new, disruptive technologies threatening existing media and platforms. However, there were also many new forms where the use of new technologies was not immediately obvious. Straddling both of these spheres were Twitter’s Periscope and its rival Meerkat, which offered users something very simple – to broadcast. Practical implications – The paper provides strategic insights and practical thinking that have influenced some of the world’s leading organizations. Originality/value – The briefing saves busy executives 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.


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