Addressing Sustainability and Industry 4.0 to the Business Model

2021 ◽  
pp. 818-838
Author(s):  
Maria do Rosário Cabrita ◽  
Susana Duarte
Keyword(s):  
Business Model ◽  
Value Creation ◽  
Industry 4.0 ◽  
Business Value ◽  
Business Sustainability ◽  
Seminal Work ◽  
The Road ◽  
On The Road

Industry 4.0 drivers and sustainability are topics increasingly referred to as part of the firm's strategy. Business value creation must be linked to sustainability and be designed on the road to the Industry 4.0. Technological advancements can bring about countless opportunities for growth and success in achieving humanity's set goals fitting the challenges of sustainability. This seminal work attempts to explore how Industry 4.0 creates opportunities to promote business sustainability. Based on the concepts of sustainability, business model, and the Industry 4.0 drivers, this chapter aims to provide insightful information on the potentials of exploring business model in the age of Industry 4.0.

Addressing Sustainability and Industry 4.0 to the Business Model

2020 ◽  
pp. 178-198
Author(s):  
Maria do Rosário Cabrita ◽  
Susana Duarte
Keyword(s):  
Business Model ◽  
Value Creation ◽  
Industry 4.0 ◽  
Business Value ◽  
Business Sustainability ◽  
Seminal Work ◽  
The Road ◽  
On The Road

Industry 4.0 drivers and sustainability are topics increasingly referred to as part of the firm's strategy. Business value creation must be linked to sustainability and be designed on the road to the Industry 4.0. Technological advancements can bring about countless opportunities for growth and success in achieving humanity's set goals fitting the challenges of sustainability. This seminal work attempts to explore how Industry 4.0 creates opportunities to promote business sustainability. Based on the concepts of sustainability, business model, and the Industry 4.0 drivers, this chapter aims to provide insightful information on the potentials of exploring business model in the age of Industry 4.0.

scholarly journals New Operating Strategies for an On-the-Road Modular, Electric and Autonomous Vehicle Concept in Urban Transportation

2019 ◽  
Vol 10 (4) ◽  
pp. 91
Author(s):  
Christian Ulrich ◽  
Horst E. Friedrich ◽  
Jürgen Weimer ◽  
Stephan A. Schmid
Keyword(s):  
Business Model ◽  
Urban Areas ◽  
Business Models ◽  
Autonomous Vehicle ◽  
Vehicle Concept ◽  
Drive Unit ◽  
The Road ◽  
Business Model Canvas ◽  
Operating Strategies ◽  
On The Road

Today commercial transport in urban areas faces major challenges. These include making optimal use of limited space, avoiding empty trips, meeting driver shortages as well as reducing costs and emissions such as CO2, particulate matter and noise. The mutual acceleration and reinforcement of technological trends such as electrification, digitization and automation may enable new vehicle and mobility concepts that can meet these challenges. One possible vehicle concept is presented in this article. It is based on on-the-road modularization, i.e., a vehicle that can change different transport capsules during operation. The vehicle is divided into an electrically propelled autonomous drive unit and a transport unit. Standardized interfaces between these units enable the easy design of capsules for different uses, while the drive unit can be used universally. Business models and operating strategies that allow optimal use of this vehicle concept are discussed in depth in the article. First, the current situation is analyzed followed by a detailed description of an exemplary business model using a business model canvas. The operating strategies and logistics concepts are illustrated and compared with conventional concepts.

Value creation mechanisms of business models

2018 ◽  
Vol 19 (3) ◽  
pp. 166-176 ◽  
Author(s):  
Vladyslav Biloshapka ◽  
Oleksiy Osiyevskyy
Keyword(s):  
Business Model ◽  
Value Creation ◽  
Business Models ◽  
Business Value ◽  
Value Proposition ◽  
Value Appropriation ◽  
Value Capture ◽  
Fine Grained ◽  
Case Vignettes ◽  
Current Article

Management scholars and practitioners generally agree that the primary functions of a business model are value creation and value capture. However, the meaning (conceptualization) of these terms, their measurement, and the factors and mechanisms affecting them remain contentious. In the current article, we provide answers to these questions by clarifying the consumers’ value creation and business value capture constructs. Then, we demonstrate how they are determined by four business model mechanisms: value proposition and value targeting (affecting consumers’ value through willingness to pay) and value appropriation and value delivery (affecting business value through price and cost). We demonstrate that a fine-grained analysis of a business model’s value creation cannot be adequately performed without reference to these four mechanisms. The developed conceptual framework is illustrated and corroborated by the mini-case vignettes. We finish by outlining an application of the proposed framework to two crucial real-world business model situations: escaping the Giver Trap and remaining the Winner.

scholarly journals Industry 4.0 Readiness Assessment

2020 ◽  
Vol 14 (2) ◽  
pp. 212-217 ◽  
Author(s):  
Bernhard Axmann ◽  
Harmoko Harmoko
Keyword(s):  
Data Storage ◽  
Industry 4.0 ◽  
Assessment Tool ◽  
Small And Medium Enterprises ◽  
Quality Data ◽  
Readiness Assessment ◽  
The Road ◽  
On The Road ◽  
The Right ◽  
Medium Enterprises

This research aims to establish an assessment tool for assessing the readiness of small and medium enterprises (SME) in industry 4.0. The assessment of the current and future status is crucial for companies to decide on the right strategy and actions on the road to a digital company. First will be compared existing tools such as: IMPULS (VDMA), PwC and Uni-Warwick. On that basis, a tool for SME will be introduce. The tool has 12 categories: data sharing, data storage, data quality, data processing, product design and development, smart material planning, smart production, smart maintenance, smart logistic, IT security, machines readiness and communication between machines. Those categories are grouped into three: data, software and hardware. Each category has five levels of readiness (from 1 to 5), with particular criteria that refer to literature studies and expert’s opinion.

scholarly journals Shipbuilding 4.0 Index Approaching Supply Chain

Materials ◽  
2019 ◽  
Vol 12 (24) ◽  
pp. 4129 ◽  
Author(s):  
Magdalena Ramirez-Peña ◽  
Francisco J. Abad Fraga ◽  
Alejandro J. Sánchez Sotano ◽  
Moises Batista
Keyword(s):  
Supply Chain ◽  
Industry 4.0 ◽  
Shipbuilding Industry ◽  
The Road ◽  
Key Factor ◽  
On The Road ◽  
Definition Of ◽  
Key Enabling Technologies ◽  
Best Fit ◽  
Control Tool

The shipbuilding industry shows a special interest in adapting to the changes proposed by the industry 4.0. This article bets on the development of an index that indicates the current situation considering that supply chain is a key factor in any type of change, and at the same time it serves as a control tool in the implementation of improvements. The proposed indices provide a first definition of the paradigm or paradigms that best fit the supply chain in order to improve its sustainability and a second definition, regarding the key enabling technologies for Industry 4.0. The values obtained put shipbuilding on the road to industry 4.0 while suggesting categorized planning of technologies.

scholarly journals Optimization and Matching Scheme of Public Management Resources for Industry 4.0 and Smart City

Complexity ◽  
2021 ◽  
Vol 2021 ◽  
pp. 1-13
Author(s):  
Jinglin Fan ◽  
Lei Shi
Keyword(s):  
Optimization Algorithm ◽  
Smart City ◽  
Public Management ◽  
Industry 4.0 ◽  
Optimal Allocation ◽  
Scientific Development ◽  
The Road ◽  
Performance Indexes ◽  
On The Road ◽  
Effective Use

With the development of Big Data, Industry 4.0, and other technologies, the concept of smart city has become a new goal, new concept, and new practice of many urban developments. It provides a method to solve the problem that public management cannot optimize resources in China’s urban development and puts forward a supporting scheme more in line with the optimization of public management resources. Effective use of relevant supporting schemes can improve urban public management capacity, optimize resources, and promote the city to embark on the road of scientific development. This paper starts with the multiobjective optimization algorithm to optimize the matching of public resources and realize the effective utilization of public management resources. Using particle swarm optimization algorithm, the optimal allocation management of 8 kinds of resources in this paper is carried out, and the optimization analysis is carried out from the performance indexes, such as resource allocation time and configuration complexity. Finally, the weights of the eight resources in importance, complexity, and resource demand are 0.4, 0.4, and 0.2, respectively. The proposed method realizes the classification of resources and the optimal matching of resources.

Mit Industrie 4.0 zu Geschäftsmodellinnovationen*/Innovative business models based on Industry 4.0 - An approach to develop industry-specific business models

2015 ◽  
Vol 105 (03) ◽  
pp. 79-83
Author(s):  
T. Bauernhansl ◽  
A. Schatz
Keyword(s):  
Business Model ◽  
Value Creation ◽  
Industry 4.0 ◽  
Business Models ◽  
Research Area ◽  
Industrie 4.0 ◽  
Industrial Internet ◽  
New Business ◽  
Model Context ◽  
New Business Models

Im Forschungsfeld Industrie 4.0 sind neben dem weiteren Optimieren der Wertschöpfung produzierender Unternehmen vor allem Potentiale durch neue Geschäftsmodelle zu erwarten. Letztere werden jedoch oft nicht weiter konkretisiert. Die systematische Integration des Themas Industrie 4.0 in den Geschäftsmodellkontext steht noch am Anfang. Der Beitrag stellt eine Vorgehensweise zur Entwicklung branchenspezifischer Geschäftsmodellszenarien am Beispiel des Maschinen- und Anlagenbaus vor.   The research area of Industry 4.0 or Industrial Internet offers great potential, ranging from the optimization of a company’s own value creation to new business models. The latter have rarely been specified. The systematic integration of Industry 4.0 aspects into the business model context has only just begun. This paper illustrates an approach for the development of industry-specific business model scenarios, exemplified by the machinery and equipment sector.

Value creation analysis using atomic business models: The case of Digikala e-retailer – Part B

2020 ◽  
Vol 10 (2) ◽  
pp. 83-92
Author(s):  
Payam Hanafizadeh ◽  
Saeedeh Mehri ◽  
Hamid Hasanabadi
Keyword(s):  
Business Model ◽  
Value Creation ◽  
Business Models ◽  
Business Value ◽  
Electronic Business ◽  
Change Strategies ◽  
Retail Market ◽  
Customer Preferences ◽  
The Many ◽  
Market Changes

One of the reasons most startups fail, despite their growing number, is the inability and lack of flexibility of their business models in responding to market changes. In addition, due to the uncertainty of the startups’ environment, it is difficult to gain competitive advantage; startups need to continuously change their business models. One of the most common electronic business models is the electronic retailer. Despite the many challenges facing e-retailers due to market changes and customer preferences, Digikala has been ranked as the most popular and most visited website and has managed to gain over 85% of the Iranian retail market share. The purpose of this study is to analyze the value creation in Digikala in order to answer the following questions: Through which atomic business model can business value be realized? What change strategies should be applied to be able to provide a unique and stable value and be successful?

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