4Ir technologies for business modelling and optimisation

Medoh Chuks; Arnesh Telukdarie

4Ir technologies for business modelling and optimisation

Medoh Chuks
, Arnesh Telukdarie

Johannesburg Business School

University of Johannesburg

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › peer-review

Abstract

Contemporary multinationals are increasingly developing innovative opportunities for enhancing business systems and ensuring sustainability. The Fourth Industrial Revolutions (4IR) presents significant advancements for digitalisation, real-time predictive enablement, and optimised business process execution. Cyber-Physical Systems (CPS) is considered an emerging 4IR technology. CPS is effective for business integration, predicting data, real-time visualization, and the ability to model a business in real-time. This paper present insights on Business Process Optimisation Models (BPOMs), with emphasis on CPS implementations. The systemic and predictive enablement of conventional BPOMs is fundamental in this paper. The research proposes and discusses a new direction for modelling and optimising a business based on the 4IR and business process science.

Original language	English
Title of host publication	Towards the Digital World and Industry X.0 - Proceedings of the 29th International Conference of the International Association for Management of Technology, IAMOT 2020
Editors	Leon Pretorius, Marthinus W. Pretorius
Publisher	University of Pretoria
Pages	308-317
Number of pages	10
ISBN (Electronic)	9781775921950
Publication status	Published - 1 Sept 2020
Event	29th International Conference of the International Association for Management of Technology: Towards the Digital World and Industry X.0, IAMOT 2020 - Cairo, Egypt Duration: 13 Sept 2020 → 17 Sept 2020

Publication series

Name	Towards the Digital World and Industry X.0 - Proceedings of the 29th International Conference of the International Association for Management of Technology, IAMOT 2020

Conference

Conference	29th International Conference of the International Association for Management of Technology: Towards the Digital World and Industry X.0, IAMOT 2020
Country/Territory	Egypt
City	Cairo
Period	13/09/20 → 17/09/20

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

SDG 9 Industry, Innovation, and Infrastructure

Keywords

Business process optimisation models
Cyber-physical systems
Fourth industrial revolutions
Multinationals
Sustainability

ASJC Scopus subject areas

Management of Technology and Innovation

Cite this

Chuks, M., & Telukdarie, A. (2020). 4Ir technologies for business modelling and optimisation. In L. Pretorius, & M. W. Pretorius (Eds.), Towards the Digital World and Industry X.0 - Proceedings of the 29th International Conference of the International Association for Management of Technology, IAMOT 2020 (pp. 308-317). (Towards the Digital World and Industry X.0 - Proceedings of the 29th International Conference of the International Association for Management of Technology, IAMOT 2020). University of Pretoria.

Chuks, Medoh ; Telukdarie, Arnesh. / 4Ir technologies for business modelling and optimisation. Towards the Digital World and Industry X.0 - Proceedings of the 29th International Conference of the International Association for Management of Technology, IAMOT 2020. editor / Leon Pretorius ; Marthinus W. Pretorius. University of Pretoria, 2020. pp. 308-317 (Towards the Digital World and Industry X.0 - Proceedings of the 29th International Conference of the International Association for Management of Technology, IAMOT 2020).

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abstract = "Contemporary multinationals are increasingly developing innovative opportunities for enhancing business systems and ensuring sustainability. The Fourth Industrial Revolutions (4IR) presents significant advancements for digitalisation, real-time predictive enablement, and optimised business process execution. Cyber-Physical Systems (CPS) is considered an emerging 4IR technology. CPS is effective for business integration, predicting data, real-time visualization, and the ability to model a business in real-time. This paper present insights on Business Process Optimisation Models (BPOMs), with emphasis on CPS implementations. The systemic and predictive enablement of conventional BPOMs is fundamental in this paper. The research proposes and discusses a new direction for modelling and optimising a business based on the 4IR and business process science.",

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author = "Medoh Chuks and Arnesh Telukdarie",

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Chuks, M & Telukdarie, A 2020, 4Ir technologies for business modelling and optimisation. in L Pretorius & MW Pretorius (eds), Towards the Digital World and Industry X.0 - Proceedings of the 29th International Conference of the International Association for Management of Technology, IAMOT 2020. Towards the Digital World and Industry X.0 - Proceedings of the 29th International Conference of the International Association for Management of Technology, IAMOT 2020, University of Pretoria, pp. 308-317, 29th International Conference of the International Association for Management of Technology: Towards the Digital World and Industry X.0, IAMOT 2020, Cairo, Egypt, 13/09/20.

4Ir technologies for business modelling and optimisation. / Chuks, Medoh; Telukdarie, Arnesh.
Towards the Digital World and Industry X.0 - Proceedings of the 29th International Conference of the International Association for Management of Technology, IAMOT 2020. ed. / Leon Pretorius; Marthinus W. Pretorius. University of Pretoria, 2020. p. 308-317 (Towards the Digital World and Industry X.0 - Proceedings of the 29th International Conference of the International Association for Management of Technology, IAMOT 2020).

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › peer-review

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T1 - 4Ir technologies for business modelling and optimisation

AU - Chuks, Medoh

AU - Telukdarie, Arnesh

N1 - Publisher Copyright: © 2020 Towards the Digital World and Industry X.0 - Proceedings of the 29th International Conference of the International Association for Management of Technology, IAMOT 2020. All rights reserved.

PY - 2020/9/1

Y1 - 2020/9/1

N2 - Contemporary multinationals are increasingly developing innovative opportunities for enhancing business systems and ensuring sustainability. The Fourth Industrial Revolutions (4IR) presents significant advancements for digitalisation, real-time predictive enablement, and optimised business process execution. Cyber-Physical Systems (CPS) is considered an emerging 4IR technology. CPS is effective for business integration, predicting data, real-time visualization, and the ability to model a business in real-time. This paper present insights on Business Process Optimisation Models (BPOMs), with emphasis on CPS implementations. The systemic and predictive enablement of conventional BPOMs is fundamental in this paper. The research proposes and discusses a new direction for modelling and optimising a business based on the 4IR and business process science.

AB - Contemporary multinationals are increasingly developing innovative opportunities for enhancing business systems and ensuring sustainability. The Fourth Industrial Revolutions (4IR) presents significant advancements for digitalisation, real-time predictive enablement, and optimised business process execution. Cyber-Physical Systems (CPS) is considered an emerging 4IR technology. CPS is effective for business integration, predicting data, real-time visualization, and the ability to model a business in real-time. This paper present insights on Business Process Optimisation Models (BPOMs), with emphasis on CPS implementations. The systemic and predictive enablement of conventional BPOMs is fundamental in this paper. The research proposes and discusses a new direction for modelling and optimising a business based on the 4IR and business process science.

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KW - Cyber-physical systems

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KW - Sustainability

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T3 - Towards the Digital World and Industry X.0 - Proceedings of the 29th International Conference of the International Association for Management of Technology, IAMOT 2020

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A2 - Pretorius, Leon

A2 - Pretorius, Marthinus W.

PB - University of Pretoria

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Y2 - 13 September 2020 through 17 September 2020

ER -

Chuks M, Telukdarie A. 4Ir technologies for business modelling and optimisation. In Pretorius L, Pretorius MW, editors, Towards the Digital World and Industry X.0 - Proceedings of the 29th International Conference of the International Association for Management of Technology, IAMOT 2020. University of Pretoria. 2020. p. 308-317. (Towards the Digital World and Industry X.0 - Proceedings of the 29th International Conference of the International Association for Management of Technology, IAMOT 2020).

4Ir technologies for business modelling and optimisation

Abstract

Publication series

Conference

UN SDGs

Keywords

ASJC Scopus subject areas

Other files and links

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Cite this