Water 4.0: An Integrated Business Model from an Industry 4.0 Approach

M. O. Alabi, A. Telukdarie, N. Janse Van Rensburg

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

10 Citations (Scopus)

Abstract

Water is one of the most valuable natural resource used for everyday living. The era of Fourth Industrial Revolution (4IR); also referred to as Industry 4.0 has brought about different 'Smart thinking' such as smart city, smart mobility, smart manufacturing and smart factory. In the water industry, the Germany Water Partnership is championing the Water 4.0 initiative since 2016. The essence of Water 4.0 initiative is to harness the digital revolution or decentralization of the water industry. This paper takes a close look at the business side of Water 4.0 from an 4IR perspective and aimed to develop an 'Integrated Business Model' for Water 4.0 revolution. This paper is expected to answer this research question 'can water industry be regarded as an integrated business'. This paper started with a comprehensive literature reviews around the title of the research and integrated business model in relation to water industry. The literature reviews were analyzed and examined, and relevant factors considered suitable for integrated business model which are carefully selected for Water 4.0 paradigm.

Original languageEnglish
Title of host publication2019 IEEE International Conference on Industrial Engineering and Engineering Management, IEEM 2019
PublisherIEEE Computer Society
Pages1364-1369
Number of pages6
ISBN (Electronic)9781728138046
DOIs
Publication statusPublished - Dec 2019
Event2019 IEEE International Conference on Industrial Engineering and Engineering Management, IEEM 2019 - Macao, Macao
Duration: 15 Dec 201918 Dec 2019

Publication series

NameIEEE International Conference on Industrial Engineering and Engineering Management
ISSN (Print)2157-3611
ISSN (Electronic)2157-362X

Conference

Conference2019 IEEE International Conference on Industrial Engineering and Engineering Management, IEEM 2019
Country/TerritoryMacao
CityMacao
Period15/12/1918/12/19

Keywords

  • Business Model
  • Industry 4.0
  • Integrated Business
  • Water 4.0
  • Water Digitalization

ASJC Scopus subject areas

  • Business, Management and Accounting (miscellaneous)
  • Industrial and Manufacturing Engineering
  • Safety, Risk, Reliability and Quality

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