Re-Shaping Business Strategy in the Era of Digitization

2020 ◽  
pp. 76-97
Author(s):  
Deniz Palalar Alkan
Keyword(s):  
Artificial Intelligence ◽  
Internet Of Things ◽  
Competitive Advantage ◽  
Business Strategy ◽  
Industry 4.0 ◽  
Digital Transformation ◽  
Sustainable Competitive Advantage ◽  
Digital Networks ◽  
Global Marketplace ◽  
Existing Structures

In the era of digitization terms such artificial intelligence (AI), internet of things (IoT) and related concepts are frequently used to describe a phenomenon that will eventually connect all things to digital networks that will lead to digital transformation of existing business and how they formulate strategies. One of the reasons behind such a paradigm shift is due to the demands of hyper-competition companies face in the global marketplace. Changing nature of the competitive landscape forces companies to re-think their strategy and align existing structures to achieve agility, flexibility, and a sustainable competitive advantage. Thus, companies need to re-think and conceptualize their overall strategies including the means to achieve sustainable competitive advantage. The trends that are shaping the Industry 4.0 will shape the way companies formulate strategies, create collaboration, and convergence of all the actors in the ecosystem to achieve agility, flexibility, and maximize efficiency.

scholarly journals Digital Transformation, AI Applications and IoTs in Blockchain Managing Commerce Secrets: And Cybersecurity Risk Solutions in the Era of Industry 4.0 and Further

Webology ◽  
2021 ◽  
Vol 18 (Special Issue 04) ◽  
pp. 453-465
Author(s):  
Nguyen Dinh Trung ◽  
Dinh Tran Ngoc Huy ◽  
Le Thi Thanh Huong ◽  
Ta Van Thanh ◽  
Nguyen Thi Phuong Thanh ◽  
...  
Keyword(s):  
Artificial Intelligence ◽  
Internet Of Things ◽  
Data Security ◽  
Industry 4.0 ◽  
Swot Analysis ◽  
Digital Transformation ◽  
High Data ◽  
Blockchain Technology ◽  
Inductive Methods ◽  
As Relationship

Once again in this study, we emphasizes strongly on applications of mathematical solutions for industrial uses. By using qualitative analysis, synthesis and inductive methods, together with statistic data, our paper target is to analyze aspects of SWOT analysis on blockchain technology and its opportunities for various industries and sectors in emerging markets such as Vietnam. This is based on the original foundation theory indicating that blockchain tech functioned as a mathematical solutions that can be applied for solving commerce secrets, with high data security and can be used for intellectual property. Among our research results is findings on the connection between IoTs - Internet of Things and blockchain tech, as well as relationship between AI - Artificial intelligence and blockchain tech. Last but not least authors propose cybersecurity risk solutions and there are policies implications attached.

scholarly journals Artificial Intelligence and the Internet of Things in Industry 4.0

2021 ◽  
Author(s):  
Petar Radanliev ◽  
David De Roure ◽  
Razvan Nicolescu ◽  
Michael Huth ◽  
Omar Santos
Keyword(s):  
Artificial Intelligence ◽  
Internet Of Things ◽  
Industry 4.0 ◽  
Cyber Physical Systems ◽  
Physical Systems ◽  
Leading Industry ◽  
Key Technologies ◽  
The Internet Of Things ◽  
State Of Art ◽  
Social Level

AbstractThis paper presents a new design for artificial intelligence in cyber-physical systems. We present a survey of principles, policies, design actions and key technologies for CPS, and discusses the state of art of the technology in a qualitative perspective. First, literature published between 2010 and 2021 is reviewed, and compared with the results of a qualitative empirical study that correlates world leading Industry 4.0 frameworks. Second, the study establishes the present and future techniques for increased automation in cyber-physical systems. We present the cybersecurity requirements as they are changing with the integration of artificial intelligence and internet of things in cyber-physical systems. The grounded theory methodology is applied for analysis and modelling the connections and interdependencies between edge components and automation in cyber-physical systems. In addition, the hierarchical cascading methodology is used in combination with the taxonomic classifications, to design a new integrated framework for future cyber-physical systems. The study looks at increased automation in cyber-physical systems from a technical and social level.

scholarly journals Artificial Intelligence Sebagai Penggerak Industri 4.0 dan Tantangannya Bagi Sektor Pemerintah dan Swasta

2019 ◽  
Vol 10 (1) ◽  
pp. 68
Author(s):  
Reza Yogaswara
Keyword(s):  
Neural Network ◽  
Artificial Intelligence ◽  
Big Data ◽  
Deep Learning ◽  
Internet Of Things ◽  
Competitive Advantage ◽  
Smart City ◽  
Chief Information Officer ◽  
Deep Learning Neural Network

Artificial Intelligence (AI) atau kecerdasan buatan menjadi penggerak revolusi industri 4.0 yang menjanjikan banyak kemudahan bagi sektor pemerintah maupun industri. Internet of Things (IoT) dan big data contohnya dimana AI dapat diimplementasikan, teknologi yang telah banyak diadopsi di era industri 4.0 ini mampu menghubungkan setiap perangkat, seseorang dapat mengotomatisasi semua perangkat tanpa harus berada di lokasi, lebih dari itu, saat ini telah banyak mesin yang dapat menginterprestasi suatu kondisi atau kejadian tertentu dengan bantuan AI, sebagaimana telah kamera cerdas pendeteksi kepadatan volume kendaraan di jalan raya menggunakan teknologi Deep Learning Neural Network, yang telah diimplementasikan pada beberapa Pemerintah Daerah Kabupaten dan Kota dalam mendukung program Smart City yang telah dicanangkan. Pada sektor industri, banyak juga dari mereka yang telah mengotomatisasi mesin produksi dan manufaktur menggunakan robot dan Artificial Intelligence, sehingga Industri 4.0 akan meningkatkan daya saing melalui perangkat cerdas, setiap entitas yang mampu menguasai teknologi ini disitulah keunggulan kompetitifnya (competitive advantage). Namun ditengah perkembangan industri 4.0 yang cukup masif pemerintah harus bergerak cepat dalam mengadopsi platform ini, jika tidak, mereka akan menurunkan efisiensi proses bisnis untuk menjaga stabilitas layanan publik. Oleh sebab itu diperlukan keilmuan dan pemahaman yang benar bagi pemerintah dalam menghadapai era Industri 4.0, dimana Chief Information Officer (CIO) dapat mengambil peranan penting dalam memberikan dukungan yang didasari atas keilmuan mereka terkait tren teknologi industri 4.0, khususnya AI yang telah banyak diadopsi di berbagai sektor.

scholarly journals IR4.0: unmanned store apps

2020 ◽  
Vol 17 (3) ◽  
pp. 1540
Author(s):  
Saidatul Rahah Hamidi ◽  
Muhammad Afiq Muhamad Yusof ◽  
Shuhaida Mohamed Shuhidan ◽  
Shamsiah Abd Kadir
Keyword(s):  
Internet Of Things ◽  
Comparative Study ◽  
Industry 4.0 ◽  
Technology Innovation ◽  
Digital Transformation ◽  
Strategic Marketing ◽  
Retail Industry ◽  
The Internet ◽  
The Comparative Study ◽  
The Internet Of Things

<span>The Internet of Things (IoT) is predicted to be one of the major megatrends in technology that applies worldwide including in Malaysia. Current advantages and expectations of using a connected device has become a reason to use applications in many areas, including the field of retail industry. The evolvement of technology has changed the retail landscape that replaces the manpower in their operations to improve the efficiency, quality and work ethics. Hence, this paper discussed comparative study of technology innovation applied and process flow in unmanned store from different country. Next, prototype of unmanned store apps was designed according to the most preferred technology based on the comparative study. IoT retailer model can be used to improve the retail experience for the customers. Thus, it may perform strategic marketing and gain retail intelligence. Besides, the revolution of using technology in this retail industry is contributing towards Industry 4.0 through digital transformation.</span>

scholarly journals Measuring Digital Transformation Maturity of Supply Chain

2021 ◽  
Vol 15 (2) ◽  
pp. 199-204
Author(s):  
Krešimir Buntak ◽  
Matija Kovačić ◽  
Maja Mutavdžija
Keyword(s):  
Artificial Intelligence ◽  
Cloud Computing ◽  
Supply Chain ◽  
Industry 4.0 ◽  
Digital Transformation ◽  
Strategic Decision ◽  
Traditional Practices ◽  
Long Run ◽  
Efficiency And Effectiveness ◽  
Different Levels

Digital transformation signifies changes in all components and systems of the supply chain. It is also a strategic decision of the organization which, in the long run, can result in the creation of competitive advantage in the market. Digital transformation is affecting all organizations, regardless of their activity. Digital transformation of the supply chain involves the use of industry 4.0 based technologies as well as the replacement of traditional practices with new ones based on digital solutions. The implementation of digital solutions, such as artificial intelligence, IoT, cloud computing, etc., therefore, improve communication between stakeholders in the supply chain, as well as improve efficiency and effectiveness. When conducted, digital transformation must be measured by different levels of maturity. In this paper, authors research current models of measuring digital transformation maturity in supply chain and propose a new model based on identified theories and needs.

The Effect of Artificial Intelligence on Management Process

2020 ◽  
pp. 22-41
Author(s):  
Mustafa Sundu ◽  
Sebnem Ozdemir
Keyword(s):  
Artificial Intelligence ◽  
Industry 4.0 ◽  
Data Science ◽  
Digital Transformation ◽  
Management Process ◽  
Science Department ◽  
Learning Set ◽  
Transformation Processes ◽  
Managerial Perspective

Artificial intelligence has started to dominantly affect every sector in Industry 4.0. However, the adaptation of the concept to managerial processes are closely related to the concepts of data science and digital transformation. Because artificial intelligence applications being developed are within the scope of artificial narrow intelligence (ANI), that situation requires the company to have a digital transformation policy in order to use artificial intelligence in managerial processes. In addition, to avoid biased artificial intelligence applications, the learning set of artificial intelligence requires a highly rigorous design. This necessitates the establishment of a data science department within the company. In this chapter, digital transformation processes in managerial perspective and the surrounded effect of artificial narrow intelligence on management are discussed.

Developing Trends in Power and Networking Technologies for Intelligent Cities

2021 ◽  
pp. 61-85
Author(s):  
Kadir Alpaslan Demir ◽  
Buğra Turan
Keyword(s):  
Artificial Intelligence ◽  
Internet Of Things ◽  
Industry 4.0 ◽  
Ambient Intelligence ◽  
The Internet ◽  
Key Technologies ◽  
Intelligent Cities ◽  
Networking Technologies ◽  
The Internet Of Things

The introduction of Industry 4.0 has increased the focus on a number of technologies. These technologies also help realize the vision for intelligent cities. Furthermore, there are already discussions of Industry 5.0. One emerging aspect of Industry 5.0 is human-robot co-working. With the help of artificial intelligence, the internet of things paradigm, Industry 4.0, and Industry 5.0 visions, there will be two predominant types of systems interfacing with people in intelligent cities. These are robotic and ambient intelligence systems. The increasing deployment of these will help make cities even smarter. However, we need to see advancements in a number of relevant key technologies, including power and networking technologies. In this chapter, first, the authors briefly discuss Industry 4.0, Industry 5.0, and intelligent cities paradigm, as well as robotic and ambient intelligence systems. Then, they focus on developing trends in power and networking technologies.

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