2019
DOI: 10.1080/09537287.2019.1612111
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Capturing the benefits of industry 4.0: a business network perspective

Abstract: This study uses a business network perspective to investigate the industry 4.0 context with the internet of things (IoT) as its enabling technology and product-use data as its core network resource. A three-stage qualitative methodology (interviews, focus group, Delphi-based inquiry) was used to examine the case of an emergent IoT-based business network in the UK road transport industry to examine: (i) how aspects of product use data influence the benefit opportunities the data provide to the different network… Show more

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Cited by 131 publications
(79 citation statements)
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References 97 publications
(127 reference statements)
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“…It provides a practical guideline for the manufacturing industry to implement CPS for better product quality and system reliability with more intelligent and resilient manufacturing equipment. Schroeder et al (2019) investigated Industry 4.0 context from the perspective of internet of things (IOT) as the enabling technology and product-use data as the core network resource to provide benefit opportunities to different actors in a business network perspective. They examined the case of an emergent IoT-based business network in the UK road transport industry.…”
Section: Cluster 2: Technological and Environmental Impactmentioning
confidence: 99%
“…It provides a practical guideline for the manufacturing industry to implement CPS for better product quality and system reliability with more intelligent and resilient manufacturing equipment. Schroeder et al (2019) investigated Industry 4.0 context from the perspective of internet of things (IOT) as the enabling technology and product-use data as the core network resource to provide benefit opportunities to different actors in a business network perspective. They examined the case of an emergent IoT-based business network in the UK road transport industry.…”
Section: Cluster 2: Technological and Environmental Impactmentioning
confidence: 99%
“…-Visualisation and analysis techniques for big data processing facilitate the establishment of new service propositions (Schroeder et al, 2019, Opresnik and Taisch, 2015, Lee et al, 2014.…”
Section: Analyticsmentioning
confidence: 99%
“…The core contribution of the IoT in an advanced services context is premised on a customer authorising the manufacturer to closely monitor its product as it forms an integral part of the customer's businessa concession which requires trust in the manufacturer-customer relationship (Suppatvech et al, 2019). Industrial companies are naturally hesitant to share data that may reveal operational details and provide their suppliers with negotiation leverage (Schroeder, Ziaee Bigdeli, Galera Zarco, & Baines, 2019). Therefore, the importance and implications of these relational challenges in terms of the manufacturer's ability to utilise the IoT in an advanced services context point to two critical gaps in the literature.…”
Section: Introductionmentioning
confidence: 99%