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The industrial internet is a new and upcoming technology that is changing the practices of organizations and corporations everywhere. Through research and application, opportunities can arise from implementing these new systems and devices. The Internet of Things in the Modern Business Environment is an essential reference source for the latest scholarly research on varying aspects of the interworking of smart devices within a business setting and explores the impact of these devices on company operations and models. Featuring extensive coverage on a broad range of topics such as supply chain management, information sharing, and data analytics, this publication is ideally designed for researchers, managers, and students seeking current research on the expansion of technology in commerce.
This open access book explores the global challenges and experiences related to digital entrepreneurial activities, using carefully selected examples from leading companies and economies that shape world business today and tomorrow. Digital entrepreneurship and the companies steering it have an enormous global impact; they promise to transform the business world and change the way we communicate with each other. These companies use digitalization and artificial intelligence to enhance the quality of decisions and augment their business and customer operations. This book demonstrates how cloud services are continuing to evolve; how cryptocurrencies are traded in the banking industry; how platforms are created to commercialize business, and how, taken together, these developments provide new opportunities in the digitalized era. Further, it discusses a wide range of digital factors changing the way businesses operate, including artificial intelligence, chatbots, voice search, augmented and virtual reality, as well as cyber threats and data privacy management. “Digitalization mirrors the Industrial Revolution’s impact. This book provides a complement of perspectives on the opportunities emanating from such a deep seated change in our economy. It is a comprehensive collection of thought leadership mapped into a very useful framework. Scholars, digital entrepreneurs and practitioners will benefit from this timely work.” Gina O’Connor, Professor of Innovation Management at Babson College, USA “This book defines and delineates the requirements for companies to enable their businesses to succeed in a post-COVID19 world. This book deftly examines how to accomplish and achieve digital entrepreneurship by leveraging cloud computing, AI, IoT and other critical technologies. This is truly a unique “must-read” book because it goes beyond theory and provides practical examples.” Charlie Isaacs, CTO of Customer Connection at Salesforce.com, USA "This book provides digital entrepreneurs useful guidance identifying, validating and building their venture. The international authors developed new perspectives on digital entrepreneurship that can support to create impact ventures.” Felix Staeritz, CEO FoundersLane, Member of the World Economic Forum Digital Leaders Board and bestselling author of FightBack, Germany
The digital revolution has brought about a significant shift in the business landscape, making it crucial for organizations to adapt and leverage transformative technologies. However, many businesses struggle to effectively harness the potential of these technologies, hindering their success in the era of digital transformation. Moreover, the pressing need for sustainability adds another layer of complexity to this challenge, requiring businesses to develop innovative models that address both digital transformation and sustainability. Building Smart and Sustainable Businesses With Transformative Technologies by Hamed Nozari offers a comprehensive solution to this pressing problem. With expertise in business management, Nozari provides invaluable insights for academic scholars, students, and professionals on integrating digital transformation and sustainability in business models. By exploring key dimensions, components, and indicators that shape digital businesses in the age of transformative technologies, readers are equipped with practical strategies and approaches. Covering topics such as digital supply chain management, smart production, and the utilization of emerging technologies, the book offers a holistic understanding of thriving in the digital era while addressing sustainability challenges. Nozari's comprehensive analysis and expertise inspire innovative thinking, enabling individuals to develop resilient and future-proof business models. With this transformative guide, scholars, students, and professionals have the necessary resources to drive meaningful change and create smart, sustainable businesses.
Modern factories are experiencing rapid digital transformation supported by emerging technologies, such as the Industrial Internet of things (IIOT), industrial big data and cloud technologies, deep learning and deep analytics, AI, intelligent robotics, cyber-physical systems and digital twins, complemented by visual computing (including new forms of artificial vision with machine learning, novel HMI, simulation, and visualization). This is evident in the global trend of Industry 4.0. The impact of these technologies is clear in the context of high-performance manufacturing. Important improvements can be achieved in productivity, systems reliability, quality verification, etc. Manufacturing processes, based on advanced mechanical principles, are enhanced by big data analytics on industrial sensor data. In current machine tools and systems, complex sensors gather useful data, which is captured, stored, and processed with edge, fog, or cloud computing. These processes improve with digital monitoring, visual data analytics, AI, and computer vision to achieve a more productive and reliable smart factory. New value chains are also emerging from these technological changes. This book addresses these topics, including contributions deployed in production, as well as general aspects of Industry 4.0.
With the ever-increasing threat of cyber-attacks, especially as the COVID-19 pandemic helped to ramp up the use of digital communications technology, there is a continued need to find new ways to maintain and improve cybersecurity. This new volume investigates the advances in artificial intelligence and soft computing techniques in cybersecurity. It specifically looks at cybersecurity during the COVID-19 pandemic, the use of cybersecurity for cloud intelligent systems, applications of cybersecurity techniques for web applications, and cybersecurity for cyber-physical systems. A diverse array of technologies and techniques are explored for cybersecurity applications, such as the Internet of Things, edge computing, cloud computing, artificial intelligence, soft computing, machine learning, cross-site scripting in web-based services, neural gas (GNG) clustering technique, and more.
In today’s rapidly evolving digital landscape, the integration of emerging technologies has reshaped the business world and propelled companies to keep pace with advancements like artificial intelligence, data science, blockchain, and reality virtualization. These technologies are no longer just tools for efficiency but are crucial drivers of customer-centric strategies that enhance productivity and service. As businesses strive to maximize the value of their technology investments, they must integrate these innovations into their entire business ecosystem to meet the needs of socially connected, tech-savvy customers. Leveraging Emerging Technologies for Customer-Centric Business Strategies explores the crucial intersection of technological innovation and customer-centricity in the digital age. These chapters delve into how companies can effectively implement new technologies such as AI, machine learning, and big data analytics, to better serve customer demands and foster stronger engagement. By examining current business models, predicting future trends, and analyzing the role of customer involvement in co-creation, this comprehensive resource provides researchers, business practitioners, and academics with the strategies needed to navigate the fast-paced, technology-driven marketplace.
Today's supply chains are becoming more complex and interconnected. As a result, traditional optimization engines struggle to cope with the increasing demands for real-time order fulfillment and inventory management. With the expansion and diversification of supply chain networks, these engines require additional support to handle the growing complexity effectively. This poses a significant challenge for supply chain professionals who must find efficient and cost-effective solutions to streamline their operations and promptly meet customer demands. Quantum Computing and Supply Chain Management: A New Era of Optimization offers a transformative solution to these challenges. By harnessing the power of quantum computing, this book explores how supply chain planners can overcome the limitations of traditional optimization engines. Quantum computing's ability to process vast amounts of data from IoT sensors in real time can revolutionize inventory management, resource allocation, and logistics within the supply chain. It provides a theoretical framework and practical examples to illustrate how quantum algorithms can enhance transparency, optimize dynamic inventory allocation, and improve supply chain resilience.
The Fourth Industrial Revolution revolves around cyber-physical systems and artificial intelligence. Little is certain about this new wave of innovation, which leaves industrialists and educators in the lurch without much guidance on adapting to this new digital landscape. Society must become more agile and place a higher emphasis on lifelong learning to master new technologies in order to stay ahead of the changes and overcome challenges to become more globally competitive. Promoting Inclusive Growth in the Fourth Industrial Revolution is a collection of innovative research that focuses on the role of formal education in preparing students for uncertain futures and for societies that are changing at great speed in terms of their abilities to drive job creation, economic growth, and prosperity for millions in the future. Featuring coverage on a broad range of topics including economics, higher education, and safety and regulation, this book is ideally designed for teachers, managers, entrepreneurs, economists, policymakers, academicians, researchers, students, and professionals in the fields of human resources, organizational design, learning design, information technology, and e-learning.
In order to improve competitiveness and performance, corporations must embrace advancements in digitalization. Successful implementation of knowledge management is a huge factor in corporate success. Analyzing the Impacts of Industry 4.0 in Modern Business Environments is a critical scholarly publication that explores digital transformation in business environments and the requirement for not only a substantial management change plan but equally the two essential components of knowledge management: knowledge sharing and knowledge transfer. Featuring a broad range of topics such as strategic planning, knowledge transfer, and cybersecurity risk management, this book is geared toward researchers, academicians, and students seeking current and relevant research on organizational knowledge intensity and monitoring of knowledge management development.
As Industry 4.0 brings on a new bout of transformation and fundamental changes in various industries, the traditional manufacturing and production methods are falling to the wayside. Industrial processes must embrace modern technology and the most recent trends to keep up with the times. With “smart factories”; the automation of information and data; and the inclusion of IoT, AI technologies, robotics, and cloud computing comes new challenges to tackle. These changes are creating new threats in security, reliability, the regulations around legislation and standardization of technologies, malfunctioning devices or operational disruptions, and more. These effects span a variety of industries and need to be discussed. Research Anthology on Cross-Industry Challenges of Industry 4.0 explores the challenges that have risen as multidisciplinary industries adapt to the Fourth Industrial Revolution. With a shifting change in technology, operations, management, and business models, the impacts of Industry 4.0 and digital transformation will be long-lasting and will forever change the face of manufacturing and production. This book highlights a cross-industry view of these challenges, the impacts they have, potential solutions, and the technological advances that have brought about these new issues. It is ideal for mechanical engineers, electrical engineers, manufacturers, supply chain managers, logistics specialists, investors, managers, policymakers, production scientists, researchers, academicians, and students looking for cross-industry research on the challenges associated with Industry 4.0.