Sustainable Business Transformation in Supply Chains

Web Services ◽  
2019 ◽  
pp. 204-220
Author(s):  
Fawzy Soliman
Keyword(s):  
Cloud Computing ◽  
Supply Chains ◽  
Business Models ◽  
Modern Society ◽  
Cloud System ◽  
Sustainable Business ◽  
Business Transformation ◽  
Adoption And Implementation ◽  
Key Characteristics ◽  
The Impact

Cloud computing is a usage model that is characterised by five key characteristics, four deployment models and three service models. The drivers and disadvantages of the adoption and implementation of cloud computing are discussed. The topic is further discussed in relation to the impact of cloud computing on supply chains. The cloud technology has become an important invention in modern society. This chapter examines the benefits and risks brought by the cloud system. The chapter explores the possible changes during transformation that might result in the implementation of cloud systems in firms. The business models presented due to the implementation of cloud system are also illustrated in this chapter.

Sustainable Business Transformation in Supply Chains

2015 ◽  
pp. 16-31
Author(s):  
Fawzy Soliman
Keyword(s):  
Cloud Computing ◽  
Supply Chains ◽  
Business Models ◽  
Modern Society ◽  
Cloud System ◽  
Sustainable Business ◽  
Business Transformation ◽  
Adoption And Implementation ◽  
Key Characteristics ◽  
The Impact

Cloud computing is a usage model that is characterised by five key characteristics, four deployment models and three service models. The drivers and disadvantages of the adoption and implementation of cloud computing are discussed. The topic is further discussed in relation to the impact of cloud computing on supply chains. The cloud technology has become an important invention in modern society. This chapter examines the benefits and risks brought by the cloud system. The chapter explores the possible changes during transformation that might result in the implementation of cloud systems in firms. The business models presented due to the implementation of cloud system are also illustrated in this chapter.

Business Transformation though Cloud Computing in Sustainable Business

2016 ◽  
pp. 2285-2298
Author(s):  
K. S. Jasmine ◽  
M. Sudha
Keyword(s):  
Cloud Computing ◽  
Business Models ◽  
Customer Relationships ◽  
Sustainable Competitive Advantage ◽  
Sustainable Business ◽  
Business Innovation ◽  
Business Transformation ◽  
Business Agility ◽  
Revenue Streams ◽  
Market Trends

The changing market trends make it mandatory for businesses to constantly innovate and improve while keeping the expenditures at lowest. For any business, irrespective of size, information technology is playing a major role. Cloud computing is emerging as a driving factor for all types of businesses. Although cloud computing is widely recognized as a technology transformer, its potential for driving business innovation is not exploited to the fullest. Cloud computing promises to decrease capital expenditures and offer higher utilization rates on existing hardware. To exploit the cloud computing capability to enable organizations to enhance their revenue streams and improved customer relationships while increasing business agility, organizations need to determine how best to employ cloud enabled business models that promote sustainable competitive advantage, as this chapter discusses. By completely leveraging cloud computing opportunities, organizations can focus on process improvement by driving inefficiencies out of repeatable processes and providing agility to reuse elements of business logic.

Business Transformation though Cloud Computing in Sustainable Business

2015 ◽  
pp. 44-57
Author(s):  
Jasmine K. S. ◽  
Sudha M.
Keyword(s):  
Cloud Computing ◽  
Business Models ◽  
Customer Relationships ◽  
Sustainable Competitive Advantage ◽  
Sustainable Business ◽  
Business Innovation ◽  
Business Transformation ◽  
Business Agility ◽  
Revenue Streams ◽  
Market Trends

The changing market trends make it mandatory for businesses to constantly innovate and improve while keeping the expenditures at lowest. For any business, irrespective of size, information technology is playing a major role. Cloud computing is emerging as a driving factor for all types of businesses. Although cloud computing is widely recognized as a technology transformer, its potential for driving business innovation is not exploited to the fullest. Cloud computing promises to decrease capital expenditures and offer higher utilization rates on existing hardware. To exploit the cloud computing capability to enable organizations to enhance their revenue streams and improved customer relationships while increasing business agility, organizations need to determine how best to employ cloud enabled business models that promote sustainable competitive advantage, as this chapter discusses. By completely leveraging cloud computing opportunities, organizations can focus on process improvement by driving inefficiencies out of repeatable processes and providing agility to reuse elements of business logic.

Procurement 4.0: factors influencing the digitisation of procurement and supply chains

2018 ◽  
Vol 24 (4) ◽  
pp. 965-984 ◽  
Author(s):  
Florian Bienhaus ◽  
Abubaker Haddud
Keyword(s):  
Supply Chains ◽  
Industry 4.0 ◽  
Online Survey ◽  
Business Models ◽  
Industrial Revolution ◽  
Primary Data ◽  
Content Type ◽  
Procurement Process ◽  
Enabling Technologies ◽  
The Impact

Purpose While digitisation is a key driver of the fourth industrial revolution (Industry 4.0); organisations have different approaches to deal with this topic to get a clearer picture of the opportunities and challenges concerning the digital transformation. The purpose of this paper is to identify the impact of digitisation on procurement and its role within the area of supply chain management. The research will also explore potential barriers to digitising procurement and supply chains and ways to overcome them. Finally, the significance of potential enabling technologies to the digitisation will also be examined. Design/methodology/approach A quantitative approached utilising an online survey was used to collect the primary data for this study. Data were collected from 414 participants directly involved with procurement or related business functions and work for different organisations in different industries. The survey included eight items about the impact of digitisation on organisational performance in the area of procurement and supply chains; ten items related to key barriers to digitisation of organisations and ways to overcome them; and seven items about enabling technologies to leverage procurement procedures and processes digitisation. All of these items utilised the Likert five-point level of agreement scale. Findings The findings indicate that digitisation of procurement process can yield several benefits including: supporting daily business and administrative tasks, supporting complex decision-making processes, procurement will become more focussed on strategic decisions and activities, procurement will become a strategic interface to support organisational efficiency, effectiveness, and profitability, and supporting the creation of new business models, products, and services. The authors were also able to confirm that there are barriers to digitising procurement process and supply chains and such barriers found in existing procedures, processes, capacities, and capabilities. Finally, the significance of a number of enabling technologies to the digitisation process was revealed. Originality/value To the best of the authors’ knowledge, this is the first study of its kind with participants located world-wide. Industry 4.0 as a topic had been explored within different business areas and functions but very limited research specifically explored potential impact, barriers, and enabling technologies of procurement 4.0. The results can be beneficial for organisations already implemented Industry 4.0 or planning to do so. The study can also benefit academic scholars interested in the researched topic, business professionals, organisations within different sectors, and any other party interested in understanding more the concept of procurement 4.0.

Emerging Technologies and Organizational Transformation

2015 ◽  
pp. 20-34 ◽  
Author(s):  
Albena Antonova
Keyword(s):  
Business Models ◽  
Emerging Technologies ◽  
Organizational Transformation ◽  
Business Practices ◽  
Business Transformation ◽  
The Core ◽  
Emerging Trends ◽  
Business Changes ◽  
The Impact ◽  
Near Future

Technologies continue to evolve and to largely transform business practices. In the near future, a few technologies, such as Internet of Things (IoT), Augmented Reality (AR), additive manufacturing (3D printing), and robots, can substantially influence businesses. The reason to focus specifically on these technologies as leading factors for organizational change is twofold: first, there already exist many prototypes and pilot experiments; and second, these technologies have the potential to provoke substantial breakthroughs, leading to substantial business changes. The chapter proposes an overall vision about the impact of these four emerging technologies on business practices and how they will fuel substantial business transformation. The chapter starts with a short analysis how IT influences the core business models and value formation. Then, the authors present the state of the art in e-business technologies and current emerging trends. Finally, the authors propose a detailed overview and discussion of the newly emerging bridge technologies, illustrating with examples their role and economic potential.

The Impact of Cloud-Based Digital Transformation on IT Service Providers

2017 ◽  
Vol 7 (4) ◽  
pp. 1-19 ◽  
Author(s):  
Trevor Clohessy ◽  
Thomas Acton ◽  
Lorraine Morgan
Keyword(s):  
Cloud Computing ◽  
Business Model ◽  
Business Models ◽  
Service Providers ◽  
Digital Transformation ◽  
Focus Group Study ◽  
Model Framework ◽  
It Service ◽  
Technology Service ◽  
The Impact

Cloud-based digital transformation is having a profound impact on new and incumbent information technology service providers. In transitioning from traditional to cloud-based service provision, some IT service providers are experiencing substantial difficulties in realizing effective business models. Taking the perspective of 20 large business model mature and small and medium enterprise born-on-the-cloud multinational IT service providers, this focus group study contributes to the dearth of research examining the broader impact of cloud computing on IT service providers' business model. The study provides two core insights. First, using the STOF business model framework, the paper provides a vivid contextual understanding of the nuanced impact of cloud computing along four core business model domains: service, technological, organisational and financial. Second, the study identifies a number of salient challenges which are impacting IT service providers' efforts to effectively leverage the benefits of cloud-based digital transformation.

scholarly journals The Importance of Business Model Factors for Cloud Computing Adoption: Role of Previous Experiences

Organizacija ◽  
2017 ◽  
Vol 50 (3) ◽  
pp. 255-272 ◽  
Author(s):  
Kristina Bogataj Habjan ◽  
Andreja Pucihar
Keyword(s):  
Cloud Computing ◽  
Business Model ◽  
Business Models ◽  
Service Providers ◽  
Organizational Factors ◽  
Research Results ◽  
Computing Services ◽  
Cloud Computing Adoption ◽  
Cloud Computing Services ◽  
The Impact

Abstract Background and Purpose: Bringing several opportunities for more effective and efficient IT governance and service exploitation, cloud computing is expected to impact the European and global economies significantly. Market data show that despite many advantages and promised benefits the adoption of cloud computing is not as fast and widespread as foreseen. This situation shows the need for further exploration of the potentials of cloud computing and its implementation on the market. The purpose of this research was to identify individual business model factors with the highest impact on cloud computing adoption. In addition, the aim was to identify the differences in opinion regarding the importance of business model factors on cloud computing adoption according to companies’ previous experiences with cloud computing services. Methodology: Based on literature review, prior research results, and interviews with cloud computing providers and users, a research model was developed. Statistical analysis focused on identification of factors’ importance on cloud computing adoption and differences in opinions according to respondents’ previous experiences with cloud computing services. The study was done among 80 companies and five major cloud computing providers in Slovenia. Results: The research results reveal statistically significant differences in opinions on the importance of cloud computing business model factors according to respondents’ previous experiences with cloud computing services. The results can provide orientation for redesign or innovation of existing business models towards the creation of a customer-oriented business model for the more successful exploitation of cloud computing services and business opportunities. For potential users, the findings represent guidelines for the successful adoption of cloud computing services. Conclusions: In our research, the investigated business model factors could be classified into so-called “business model organizational factors”, as they primarily need to be considered by cloud service providers when defining or innovating their business models. For future research, the model should also include the impact of environmental factors, such as Competition, Business Partners, Legislation, Economic Situation, in order to investigate their impact on cloud adoption.

scholarly journals A Study of Impact of Cloud Computing and Artificial Intelligence on Banking Services, Profitability and Operational Benefits

2021 ◽  
Vol 12 (6) ◽  
pp. 1617-1627
Author(s):  
Sadhana Tiwari, Shashank Bharadwaj, Dr. Sunil Joshi
Keyword(s):  
Artificial Intelligence ◽  
Cloud Computing ◽  
Business Models ◽  
Mobile Banking ◽  
Cloud Infrastructure ◽  
Regulatory Requirements ◽  
Banking Services ◽  
Virtual Tools ◽  
Confirmatory Factor ◽  
The Impact

Banks have seen a convergence in end-customer banking interactions over the last decade, owing to IT-enabled solutions and services such as Core Banking, Online Banking, Mobile Banking, Wallet, Wallets Kiosk Banking. The evolution of IT in the banking industry supports both banks and their clients. Banks' business models are now centered on delivering consumer joy via IT-enabled solutions and services. Cloud technology allows banks to follow a digital paradigm for providing novel channels, reducing TAT to market new offerings, fulfilling consumer expectations, and adhering to regulatory requirements at a lower cost. In constantly evolving technical paradigms, cloud-based solutions offer a higher value proposition to IT solutions and services. Device administrators can remotely assemble, upload, customize, and execute virtual tools to manage a business solution using cloud infrastructure. Furthermore, cloud IT technology can be scaled up or down at any time based on planned use and specifications without incurring high costs. To assess the impact of cloud computing and artificial intelligence in operational and service advantage Confirmatory factor analysis (CFA) technique is used. The thesis demonstrates how well the measured variables reflect the number of constructs and whether the estimation hypothesis is confirmed or rejected.

The Impact of the COVID-19 Pandemic on the Economic Security of Enterprises

2021 ◽  
Vol 36 (36) ◽  
pp. 22-37
Author(s):  
Waldemar Kunz
Keyword(s):  
Supply Chains ◽  
Business Models ◽  
Food Delivery ◽  
Economic Security ◽  
Logistics Management ◽  
Effect Relationship ◽  
Rapid Changes ◽  
Industry Consolidation ◽  
Delivery Services ◽  
The Impact

The coronavirus pandemic has accelerated the course of change. Examples of rapid changes in some industries include remote working, the increased popularity of restaurant food delivery services, greater industry consolidation, moving supply chains back to national markets. Therefore, in order to maintain economic security, companies should quickly implement adaptive forms related to logistics management, available resources, or in relation to key strategic business areas. The time is coming for innovative companies which, thinking in a forward-looking, and also unconventional way, will conduct their business because only companies which will see the new trend related to the redefinition of existing business models in time can win against the competition. The following article shows the cause-and-effect relationship between the impact of the Covid19 pandemic on economic security and the prospects and challenges facing businesses today.

Business models and closed‐loop supply chains: a typology

2005 ◽  
Vol 10 (4) ◽  
pp. 249-251 ◽  
Author(s):  
Peter Wells ◽  
Margarete Seitz
Keyword(s):  
Supply Chains ◽  
Automotive Industry ◽  
Research Agenda ◽  
Business Models ◽  
Closed Loop ◽  
Value Added ◽  
Sustainable Business ◽  
Content Type ◽  
Closed Loop Systems ◽  
Closed Loop Supply Chains

PurposeTo delineate typologies that capture the relationship between closed‐loop supply chains and value‐added business models, and thereby to suggest a research agenda for the transition to sustainable business.Design/methodology/approachDevelops four new theoretical categories or typologies of closed‐loop systems and applies them to the context of the automotive industry. Conceptual, rather than empirical.FindingsThat hybrid closed‐loop systems can be combined with innovative non‐linear value configurations to enable the transition to more sustainable production and consumption.Research limitations/implicationsIdentifies research agenda to explore how novel business models can integrate with various closed‐loop systems. Theoretical, but grounded in research into the automotive industry.Practical implicationsThat closed‐loop systems are best implemented outside traditional linear value added structures.Originality/valuePlaces closed‐loop systems at the heart of the (redesigned) business model rather than as an accessory that must be adapted to the demands of existing approaches. Suggests scholars should be part of this innovative process, not merely observers.

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