scholarly journals Features of Digitalization in the Construction Industry as an Important Factor of Its Sustainable Development

2021 ◽  
Vol 7 (12) ◽  
pp. 169-174
Author(s):  
K. Voskovykh
Keyword(s):  
Sustainable Development ◽  
Construction Industry ◽  
Business Models ◽  
Industrial Revolution ◽  
New Technologies ◽  
Cost Savings ◽  
Resource Scarcity ◽  
Current Level ◽  
Construction Site ◽  
Fourth Industrial Revolution

This article determines that in the context of global digitalization, the competitiveness and sustainable development of companies depend on the speed of mastering new technologies. Assessment of the current level of the construction industry indicates its lag behind other industries. The aim of the study is to analyze the current level of digitalization of construction companies and summarize the constraining factors. The importance of continuous digitization of production and logistics, networking of autonomous smart objects or the use of self-learning systems in order to increase flexibility and optimize processes is emphasized. The main benefit of implementing digital business models is reducing the time it takes to make decisions, implement a project, and bring products to market. The factors holding back digital processes at the construction site are highlighted: a high proportion of manual production, over-regulation, dependence on the public sector and cyclical changes, the scale of the company. New technologies resulting from the fourth industrial revolution promise more efficient processes, greater time and cost savings, greater productivity and quality. The construction industry must catch up with other industries, because it also has to face the challenges of globalization, urbanization, climate change, resource scarcity, demographic change and other events that disrupt its sustainable development. Construction Site 4.0 promises improvements, but the fourth industrial revolution on the construction site is just beginning.

Emerging Industrial Revolution: Symbiosis of Industry 4.0 and Circular Economy: The Role of Universities

2020 ◽  
Vol 25 (3) ◽  
pp. 505-525 ◽  
Author(s):  
Seeram Ramakrishna ◽  
Alfred Ngowi ◽  
Henk De Jager ◽  
Bankole O. Awuzie
Keyword(s):  
Economic Growth ◽  
Circular Economy ◽  
Industry 4.0 ◽  
Business Models ◽  
Industrial Revolution ◽  
New Technologies ◽  
Production Systems ◽  
Fourth Industrial Revolution ◽  
New Jobs

Growing consumerism and population worldwide raises concerns about society’s sustainability aspirations. This has led to calls for concerted efforts to shift from the linear economy to a circular economy (CE), which are gaining momentum globally. CE approaches lead to a zero-waste scenario of economic growth and sustainable development. These approaches are based on semi-scientific and empirical concepts with technologies enabling 3Rs (reduce, reuse, recycle) and 6Rs (reuse, recycle, redesign, remanufacture, reduce, recover). Studies estimate that the transition to a CE would save the world in excess of a trillion dollars annually while creating new jobs, business opportunities and economic growth. The emerging industrial revolution will enhance the symbiotic pursuit of new technologies and CE to transform extant production systems and business models for sustainability. This article examines the trends, availability and readiness of fourth industrial revolution (4IR or industry 4.0) technologies (for example, Internet of Things [IoT], artificial intelligence [AI] and nanotechnology) to support and promote CE transitions within the higher education institutional context. Furthermore, it elucidates the role of universities as living laboratories for experimenting the utility of industry 4.0 technologies in driving the shift towards CE futures. The article concludes that universities should play a pivotal role in engendering CE transitions.

scholarly journals Implications of the Fourth Industrial Revolution on sustainable development

2020 ◽  
Vol 4 (2) ◽  
pp. 45-60 ◽  
Author(s):  
Andrija Popović
Keyword(s):  
Sustainable Development ◽  
Industry 4.0 ◽  
Sustainable Development Goals ◽  
Industrial Revolution ◽  
New Technologies ◽  
Comprehensive Overview ◽  
The Sustainable Development ◽  
Agenda 2030 ◽  
Fourth Industrial Revolution ◽  
Development Goals

We are at the cusp of the Fourth Industrial Revolution, and its implications on the society are far-reaching. The purpose of this paper is to give a comprehensive overview of the implications that Industry 4.0 has on the Sustainable Development Goals from the UN Agenda 2030, based on the review and the analysis of the available literature. The paper is structured to give an insight into the basic concepts of Industry 4.0 and Sustainable Development, then moves through the implications of new technologies on the Sustainable Development Goals, and finally, points out the areas that need to be addressed by policymakers. This paper just tapped into the potentials and issues that the Fourth Industrial Revolution brings while leaving the room for in-depth research of any of the analyzed areas.

scholarly journals Impact of digital technologies on the company’s business model

2021 ◽  
Vol 244 ◽  
pp. 10002
Author(s):  
Tatyana Averina ◽  
Sergey Barkalov ◽  
Irina Fedorova ◽  
Vera Poryadina
Keyword(s):  
Business Model ◽  
Business Models ◽  
Business Processes ◽  
Industrial Revolution ◽  
Digital Technologies ◽  
Current Level ◽  
Fourth Industrial Revolution ◽  
Structured Approach ◽  
Systematic Modeling

The fourth industrial revolution is destroying traditional business models of companies. In order to maintain the current level of competitiveness, companies must adapt to changing conditions, draw up and implement strategies for introducing digital technologies into their business processes. The article presents a structured approach for systematic modeling of business digitalization.

scholarly journals The Fourth Industrial Revolution and the Sustainability Practices: A Comparative Automated Content Analysis Approach of Theory and Practice

2020 ◽  
Vol 12 (20) ◽  
pp. 8497
Author(s):  
Vasja Roblek ◽  
Oshane Thorpe ◽  
Mirjana Pejic Bach ◽  
Andrej Jerman ◽  
Maja Meško
Keyword(s):  
Sustainable Development ◽  
Content Analysis ◽  
News Media ◽  
Industry 4.0 ◽  
Business Models ◽  
Industrial Revolution ◽  
Theory And Practice ◽  
Fourth Industrial Revolution ◽  
Automated Content Analysis ◽  
Starting Point

(1) Background: The article provides a methodologically coherent analysis of technological development in the context of the fourth industrial revolution or Industry 4.0 and its impact on changes in sustainable development policy. (2) Methods: Using a Comparative Automated Content Analysis (ACA) approach, the article compares recent scientific work on sustainable development and the fourth industrial revolution with the discourse in the news media on sustainable development and industry 4.0. (3) Results: The scientific literature focuses more on changes in business models, production processes, and technologies that enable sustainable development. Newspaper and magazine articles write more about sustainable or green investments, sustainable standards, and sustainable reporting. The focus is on topics that are directly relevant to current sustainable business development and the promotion of research and development of clean and smart technologies and processes. (4) Conclusions: The ACA allows a more systematic comparison of different data sources. The article provides a starting point for sustainable development professionals to gain useful insights into a specific context with the help of the ACA.

Introduction

2020 ◽  
pp. 1-26
Author(s):  
Stavroula Karapapa
Keyword(s):  
Business Models ◽  
Industrial Revolution ◽  
New Technologies ◽  
Copyright Infringement ◽  
Copyright Law ◽  
The European Union ◽  
Normative Force ◽  
Fourth Industrial Revolution ◽  
Modern Business ◽  
Exceptions And Limitations

The fourth industrial revolution has emerged through the advancement of new technologies, innovative services, and modern business models, which often rely on the use and re-use of copyright-protected content. Although having the potential to enhance public welfare, these technologies and services challenge the limits of copyright law, especially in the European Union where the approach to defensive rules lacks flexibility. Under EU copyright law, exclusive rights are drafted in broad terms and with a high degree of generality, whereas the so-called exceptions and limitations to copyright are narrowly drafted and strictly interpreted, with the result that the breadth of permissible use is rather narrow. Because the fourth industrial revolution promises innovation and business growth—stated objectives of EU copyright—it invites an examination of defensive rules as a whole. The book adopts a holistic approach in its exploration of the limits of permissibility under EU copyright, including legislatively mentioned exceptions and limitations, doctrinal principles, and rules external to copyright, with a view to unveiling possible gaps and overlaps, offering a novel classification of defensive rules, and evaluating the adaptability of the law towards technological change. In this light, the work attempts to offer a measure of conceptual organization for defences to copyright infringement that may foster the development of a fresh understanding on how defensive rules against copyright infringement operate as a system; how they unveil their normative force; where instances of gaps or overlaps exist between defences; and how defences should be developed in light of future law reform or possible interpretative expansion.

scholarly journals OPTIMIZATION BUSINESS PROCESSES FOR TRANSITION TO A SUSTAINABLE DEVELOPMENT IN THE CONDITIONS OF THE FOURTH INDUSTRIAL REVOLUTION

2018 ◽  
pp. 10-19 ◽  
Author(s):  
A. L. Lisovsky
Keyword(s):  
Sustainable Development ◽  
Industry 4.0 ◽  
Business Processes ◽  
Industrial Revolution ◽  
New Technologies ◽  
Process Innovations ◽  
Foreign Companies ◽  
Fourth Industrial Revolution ◽  
Industrial Companies

The influence of technologies of the Industry 4.0 on optimization business processes of the industrial companies for achievement of a sustainable development is analyzed. Effects of the changes caused by technologies of the Industry of 4.0 in the Russian and foreign companies are considered. It is shown that achievement of a sustainable development is impossible without the process innovations caused by introduction of new technologies. The algorithm of carrying out audit and an assessment of the new technologies “business processes” most ready to introduction is offered for their introduction..

scholarly journals The impact of business digitization on the three pillars of sustainable development

2020 ◽  
Vol 14 (1) ◽  
pp. 343-351
Author(s):  
Paula Munteanu ◽  
Laurențiu Ciornei
Keyword(s):  
Sustainable Development ◽  
Business Models ◽  
Industrial Revolution ◽  
Econometric Analysis ◽  
Mitigation Measures ◽  
Economic Activities ◽  
Fourth Industrial Revolution ◽  
The Sixties ◽  
Economic Imbalances ◽  
The Impact

AbstractThe world is currently facing great challenges generated by the fourth industrial revolution. If the first three major industrial revolutions took place over several centuries, the current revolution, in full swing, is characterized by an alert rhythm, having an exponential evolution, rather than a linear one. Many specialists consider that this is a continuation of the third industrial revolution, started in the sixties of the last century, but the permanent need to adapt and change the business models that characterize daily life determines us to appreciate that they represent the elements of a new, unusual revolution, which will greatly change the face of humanity. Digital technology will bring about essential changes in business, social organization and even current governance models. In this sense, we will approach the digitization of the business from the perspective of the three pillars, social, economic and environment, to conclude to what extent, this new and last revolution adheres to the principles of sustainable development. In this study, we aim to analyze the economic links between the digitization of business and sustainable development in Romania, through an econometric analysis. The results of the econometric analysis will determine to what extent the defining elements of sustainable development will be influenced by this phenomenon. Furthermore, we would like undeline that the fourth industrial revolution, by digitizing business, will affect the three pillars of sustainable development, without mitigation measures which the decision makers should consider, amplifying the phenomenon of social inequity, deepening economic imbalances as a result of the polarization of economic activities, concentrated only in certain regions and irreparably affecting the environment and natural balance, becoming a danger to biodiversity conservation.

scholarly journals Realities of Ukrainian industrial enterprises on the way to smartization

2019 ◽  
pp. 34-37
Author(s):  
Iryna BASHYNSKA
Keyword(s):  
Sustainable Development ◽  
Driving Force ◽  
Business Models ◽  
Industrial Revolution ◽  
National Development ◽  
High Tech ◽  
Industrial Enterprises ◽  
Fourth Industrial Revolution ◽  
Use Of Resources ◽  
Industrial Sectors

Introduction. The onset of the Fourth Industrial Revolution is already affecting all processes of humanity, in all spheres, at all levels. The industry is the driving force behind sustainable development. However, with technological advances in a few years, a completely new era will emerge that will change significant business processes, introduce new business models, use scarce resources and economically adapted products. Ukrainian enterprises do not stand aside from this process, but they do little to investigate the extent to which Ukrainian enterprises are ready for FIRs to emerge. The purpose of the paper is to explore the achievements of Ukrainian industrial enterprises on the road to smartization. Results. The Fourth Industrial Revolution is expected to turn manufacturing into a driving force for global development radically. Ukraine does not stand aside: in September 2015, at the 70th session of the UN General Assembly in New York, the UN Summit on Sustainable Development and the Adoption of the Post-2015 Development Agenda approved new benchmarks. Ukraine, like other UN member states, has joined the global process of sustainable development. To establish a strategic framework for Ukraine's national development for the period up to 2030, an inclusive process of adapting sustainable development goals has been initiated on the basis of the principle "No one left alone". Each global objective was considered in light of the specific nature of national development. Many goals have the same vector orientation as in the Fourth Industrial Revolution. Industry 4.0 movement in Ukraine was also created. Thus, we see that Ukraine is also moving towards the implementation of CRD, namely to promote the development and use of innovation; economical use of resources (conversion of production that requires fewer resources, more efficient and re-use); increasing the technological potential of industrial sectors. Promoting the rapid development of high- and medium-high-tech areas of manufacturing and high-tech engineering should be noted among national specifics. Conclusion. In Ukraine, on the one hand, few existing technologies that provide high productivity, on the other hand, are above reasonable and highly skilled human resources that are currently being used by other countries. Thus, Ukraine needs to take advantage of the window of opportunity - to apply "jumping". However, even if one country or one company in the country accepts the choice to jump, it should be carefully managed because it has both potential and risks. That is, "jumping" must be reasonable, smart.

scholarly journals UX in AR-Supported Industrial Human–Robot Collaborative Tasks: A Systematic Review

2021 ◽  
Vol 11 (21) ◽  
pp. 10448
Author(s):  
Riccardo Karim Khamaisi ◽  
Elisa Prati ◽  
Margherita Peruzzini ◽  
Roberto Raffaeli ◽  
Marcello Pellicciari
Keyword(s):  
Augmented Reality ◽  
Industrial Revolution ◽  
New Technologies ◽  
Recent Literature ◽  
Modern Human ◽  
Assessment Procedure ◽  
Functional Requirements ◽  
Collaborative Robotics ◽  
Fourth Industrial Revolution ◽  
Standardization Process

The fourth industrial revolution is promoting the Operator 4.0 paradigm, originating from a renovated attention towards human factors, growingly involved in the design of modern, human-centered processes. New technologies, such as augmented reality or collaborative robotics are thus increasingly studied and progressively applied to solve the modern operators’ needs. Human-centered design approaches can help to identify user’s needs and functional requirements, solving usability issues, or reducing cognitive or physical stress. The paper reviews the recent literature on augmented reality-supported collaborative robotics from a human-centered perspective. To this end, the study analyzed 21 papers selected after a quality assessment procedure and remarks the poor adoption of user-centered approaches and methodologies to drive the development of human-centered augmented reality applications to promote an efficient collaboration between humans and robots. To remedy this deficiency, the paper ultimately proposes a structured framework driven by User eXperience approaches to design augmented reality interfaces by encompassing previous research works. Future developments are discussed, stimulating fruitful reflections and a decisive standardization process.

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