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

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

doi:10.1109/IEEM44572.2019.8978859

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

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

Johannesburg Business School

University of Johannesburg

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

15 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 language	English
Title of host publication	2019 IEEE International Conference on Industrial Engineering and Engineering Management, IEEM 2019
Publisher	IEEE Computer Society
Pages	1364-1369
Number of pages	6
ISBN (Electronic)	9781728138046
DOIs	https://doi.org/10.1109/IEEM44572.2019.8978859
Publication status	Published - Dec 2019
Event	2019 IEEE International Conference on Industrial Engineering and Engineering Management, IEEM 2019 - Macao, Macao Duration: 15 Dec 2019 → 18 Dec 2019

Publication series

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

Conference

Conference	2019 IEEE International Conference on Industrial Engineering and Engineering Management, IEEM 2019
Country/Territory	Macao
City	Macao
Period	15/12/19 → 18/12/19

UN SDGs

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

SDG 9 Industry, Innovation, and Infrastructure
SDG 11 Sustainable Cities and Communities

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

Access to Document

10.1109/IEEM44572.2019.8978859

Cite this

Alabi, M. O., Telukdarie, A., & Van Rensburg, N. J. (2019). Water 4.0: An Integrated Business Model from an Industry 4.0 Approach. In 2019 IEEE International Conference on Industrial Engineering and Engineering Management, IEEM 2019 (pp. 1364-1369). Article 8978859 (IEEE International Conference on Industrial Engineering and Engineering Management). IEEE Computer Society. https://doi.org/10.1109/IEEM44572.2019.8978859

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title = "Water 4.0: An Integrated Business Model from an Industry 4.0 Approach",

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.",

keywords = "Business Model, Industry 4.0, Integrated Business, Water 4.0, Water Digitalization",

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year = "2019",

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doi = "10.1109/IEEM44572.2019.8978859",

language = "English",

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Alabi, MO, Telukdarie, A & Van Rensburg, NJ 2019, Water 4.0: An Integrated Business Model from an Industry 4.0 Approach. in 2019 IEEE International Conference on Industrial Engineering and Engineering Management, IEEM 2019., 8978859, IEEE International Conference on Industrial Engineering and Engineering Management, IEEE Computer Society, pp. 1364-1369, 2019 IEEE International Conference on Industrial Engineering and Engineering Management, IEEM 2019, Macao, Macao, 15/12/19. https://doi.org/10.1109/IEEM44572.2019.8978859

Water 4.0: An Integrated Business Model from an Industry 4.0 Approach. / Alabi, M. O.; Telukdarie, A.; Van Rensburg, N. Janse.
2019 IEEE International Conference on Industrial Engineering and Engineering Management, IEEM 2019. IEEE Computer Society, 2019. p. 1364-1369 8978859 (IEEE International Conference on Industrial Engineering and Engineering Management).

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

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T1 - Water 4.0

T2 - 2019 IEEE International Conference on Industrial Engineering and Engineering Management, IEEM 2019

AU - Alabi, M. O.

AU - Telukdarie, A.

AU - Van Rensburg, N. Janse

PY - 2019/12

Y1 - 2019/12

N2 - 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.

AB - 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.

KW - Business Model

KW - Industry 4.0

KW - Integrated Business

KW - Water 4.0

KW - Water Digitalization

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M3 - Conference contribution

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Alabi MO, Telukdarie A, Van Rensburg NJ. Water 4.0: An Integrated Business Model from an Industry 4.0 Approach. In 2019 IEEE International Conference on Industrial Engineering and Engineering Management, IEEM 2019. IEEE Computer Society. 2019. p. 1364-1369. 8978859. (IEEE International Conference on Industrial Engineering and Engineering Management). doi: 10.1109/IEEM44572.2019.8978859

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

Abstract

Publication series

Conference

UN SDGs

Keywords

ASJC Scopus subject areas

Access to Document

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