Digital Transformation in the Utilities Industry

Author(s):  
Marcelo Teixeira de Azevedo ◽  
Alaide Barbosa Martins ◽  
Sergio Takeo Kofuji

Nowadays, there is a digital transformation in industry, which is being referred to as a new revolution, known as the fourth industrial revolution. Today, we are in the fourth industrial revolution, which strongly supports itself at enabling technologies, such as: Internet of Things (IoT), big data, cyber-physical systems (CPS) and cloud computing. These technologies are working cooperatively to promote a digital transformation in the forms of: Industry 4.0, Industrial Internet Consortium and Advanced Manufacturing. To meet these needs and as a proof of concept, a platform for digital transformation for a water issue is proposed with the objective of achieving an efficient management of resources linked to rational use of water. For the platform definition, a survey was performed of the process of a water treatment plant from the third industrial revolution and improved the process by applying the concepts of digital transformation to improve the new platform.

Author(s):  
Marcelo Teixeira de Azevedo ◽  
Alaide Barbosa Martins ◽  
Sergio Takeo Kofuji

Nowadays, there is a digital transformation in industry, which is being referred to as a new revolution, known as the fourth industrial revolution. Today, we are in the fourth industrial revolution, which strongly supports itself at enabling technologies, such as: Internet of Things (IoT), big data, cyber-physical systems (CPS) and cloud computing. These technologies are working cooperatively to promote a digital transformation in the forms of: Industry 4.0, Industrial Internet Consortium and Advanced Manufacturing. To meet these needs and as a proof of concept, a platform for digital transformation for a water issue is proposed with the objective of achieving an efficient management of resources linked to rational use of water. For the platform definition, a survey was performed of the process of a water treatment plant from the third industrial revolution and improved the process by applying the concepts of digital transformation to improve the new platform.


Author(s):  
Erhan İşcan

The last two decades have witnessed unpredictable transformations in knowledge-related areas. The main reason for this change is the fourth industrial revolution, a knowledge revolution affecting fields like the bioeconomy. The third industrial revolution, which induced the use of fossil-based energy sources, created a major global problem. Likewise, the third industrial revolution introduced the problem of the excess usage of food, animals, water, and other resources. Industry 4.0 offers an efficient solution to excessive tendencies. This chapter aims to analyze changes and offer strategies in the bioeconomy framework within Industry 4.0.


Author(s):  
Theunis Gert Pelser ◽  
Garth Gaffley

What the internet with its connectivity did to facilitate the third industrial revolution, cloud computing and artificial intelligence have done for the fourth industrial revolution. Technology is changing the world at an alarming rate, which includes products and services that require scale to manage the growing demands of an ever-changing and increasing population. Digital transformation is enabled through cloud technology where human comprehension cannot cope with the size and speed of data required to manage a business in the digital economy. Artificial intelligence and machine learning assist in activities to overcome human limitation, using algorithms to develop predictive and simulation models and scale to provide data for decision making. The technologies employed to run and execute these require skill and resource. The challenge for the modern-day CEO is that the use of technology and its demand in the digital economy of the Fourth Industrial Revolution is not fully understood by them due to their digital skill level and managing the generational skill sets in their structure.


Author(s):  
Hanaa Abdulraheem Yamani ◽  
Waleed Tageldin Elsigini

The current era is witnessing many changes on various levels. The information and communication revolutions are considered one of the important changes which has cast a shadow over how different institutions in society work via the phenomenon of digitization. As some of the most important institutions of society, industrial companies have been responding to this phenomenon of digital transformation to improve products and customer service while achieving a significant profitable return. This response by these institutions to the digital transformation has resulted in the emergence of the so-called fourth industrial revolution. In this context, this chapter reviews the definition of digital transformation as well as its dimensions, benefits, and obstacles. It also comments on the future of digital transformation and its relationship with industry. Ultimately it presents the fourth industrial revolution in terms of its definition, history, criteria, benefits, and the challenges it faces moving into the future.


Author(s):  
Petar Radanliev ◽  
David De Roure ◽  
Jason R.C. Nurse ◽  
Razvan Nicolescu ◽  
Michael Huth ◽  
...  

The world is currently experiencing the fourth industrial revolution driven by the newest wave of digitisation in the manufacturing sector. The term Industry 4.0 (I4.0) represents at the same time: a paradigm shift in industrial production, a generic designation for sets of strategic initiatives to boost national industries, a technical term to relate to new emerging business assets, processes and services, and a brand to mark a very particular historical and social period. I4.0 is also referred to as Industrie 4.0 the New Industrial France, the Industrial Internet, the Fourth Industrial Revolution and the digital economy. These terms are used interchangeably in this text. The aim of this article is to discuss major developments in this space in relation to the integration of new developments of IoT and cyber physical systems in the digital economy, to better understand cyber risks and economic value and risk impact. The objective of the paper is to map the current evolution and its associated cyber risks for the digital economy sector and to discuss the future developments in the Industrial Internet of Things and Industry 4.0.


Author(s):  
Erhan İşcan

The last two decades have witnessed unpredictable transformations in knowledge-related areas. The main reason for this change is the fourth industrial revolution, a knowledge revolution affecting fields like the bioeconomy. The third industrial revolution, which induced the use of fossil-based energy sources, created a major global problem. Likewise, the third industrial revolution introduced the problem of the excess usage of food, animals, water, and other resources. Industry 4.0 offers an efficient solution to excessive tendencies. This chapter aims to analyze changes and offer strategies in the bioeconomy framework within Industry 4.0.


Author(s):  
Marina Slonimska ◽  
Nadezhda Dubko ◽  
Elena Veretennikova

Relevance of the research topic. The information and knowledge flow management is an important component for regional development in the context of the fourth industrial revolution. It allows taking advantage of the opportunities hidden in the digital transformation of the business community and providing the transformations necessary to reorient development towards inclusive and sustainable growth. Formulation of the problem. Managing the process of introducing Industry 4.0 technologies based on effective state and collective strategies opens up opportunities for regional development, but requires the development of special decision support tools, scientific substantiation of the model of systemic transformation of the region, identification of the main stakeholders and the mechanism of their interaction. Analysis of recent research and publications. The works of such researchers as Yasheva G. A. and Fateev V. S. (Belarus), Lenchuk E. B. (Russia), Götz M. and Jankowska B. (Poland), Ciffolilli A. and Muscio A. (Italy) and others are devoted to the issues of territorial and regional development in the context of the fourth industrial revolution. Selection of unexplored parts of the general problem. The mechanism of small businesses involving in the process of the necessary systemic transformation in the context of the fourth industrial revolution has not been sufficiently studied. Setting the task, the purpose of the study. The purpose of the study is to analyze the theories of regional development in the context of the fourth industrial revolution and to propose an organizational and economic mechanism for the digital transformation of the regional business community, including the SMEs’ sector. Method or methodology for conducting research. The research used the methods of analogies, analysis and synthesis, sociological survey. Presentation of the main material (results of work). The article analyzes the main concepts of regional development, concludes that it is necessary to consolidate regional actors according to the ‘Quadruple Helix’ model based on inter-organizational information systems in order to introduce Industry 4.0 technologies. An algorithm for the development of an electronic platform from a cluster site to an information system of integrated supply chains is proposed on the example of the Novopolotsk innovative and industrial petrochemical cluster. The field of application of results. The results of the research can be used by companies providing activity in regional development and small business support, in scientific and educational institutions, in public administration. Conclusions according to the article. Networked connections between regional actors, innovation networks based on the open innovation paradigm and integrated supply chains promote region development in the context of the fourth industrial revolution, this requires appropriate institutional conditions.


2019 ◽  
Vol 5 (1) ◽  
pp. 126
Author(s):  
Lennart Hammerström ◽  
Dirk Zwerenz

The transition from the second industrial revolution (electrification) to the third industrial revolution (automation) was accompanied by a transformation of economy into a science with a powerful mathematic foundation. The methods developed do have some inaccuracies, such as the assumption that logical agents drive the market, an assumption that was realized to be a failure in the models not long ago. The models were developed in a transition phase, while the industrial revolution took place. The models are currently not mature enough to support companies in their investment strategies for the fourth industrial revolution, the age of digitalization and interconnectedness. The purpose of this study is to create a theoretical model for the process of creating a business case for the investment in technologies within the Industrial Internet of Things (IIoT).


2021 ◽  
Vol 5 (2) ◽  
pp. 49-58
Author(s):  
Kremena Marinova-Kostova ◽  
Ivaylo Kostov

Introduction. Industry 4.0 is a concept that is considered a new phase in the Industrial Revolution, closely related to the application of information technologies and the digital transformation of manufacturing. The main purpose is to be created a more holistic and more connected ecosystem, focused on supply chain management in industrial companies. Implementation of solutions in Industry 4.0 is mostly related to the concept of the Internet of Things (IoT). Mass deployment of this type of technology in industrial enterprises is the basis of the so-called Industrial Internet of Things (IIoT). Achieving interoperability in the IIoT requires the combination of two technologies: the Internet of Things and the Internet of People. Aim and tasks. This article describes the implementation of the concept of the Internet of Things in industrial enterprises, as a key technology factor for developing Industry 4.0. Results. A brief overview of the evolution of industrial production - from the beginning of the Industrial Revolution to the emergence of Industry 4.0 is made. The main principles for implementing Industry 4.0 solutions ensure that the entire production process is computerized. Industry 4.0 solutions are mostly associated with the concept of the Internet of Things (IoT) whose definition and essence are obtained in this article. Based on the various concepts of the IoT are presented solutions that can be used in the industry, namely: in consumer devices in technology used in public organizations in infrastructure applications in industrial applications, also called the Industrial Internet of Things (IIoT). Therefore, we can say that there is a significant potential for improving production processes as regards: optimization of operations, forecasting equipment support, inventory optimization, improving workers' security, shipping chain optimization, etc. Conclusions. The application of the Internet of Things in enterprises is an important and decisive step in the process of their digital transformation and transition to Industry 4.0. The interaction between humans and machines, carried out through Internet technologies, leads to the emergence of the Internet of Everything, which will be a basic concept in industrial production in the coming years. However, the role of man in the production process should not be completely eliminated, but solutions should be sought that support and intellectualize his work.


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