The Importance of Technological Trends and How to Exploit Them for Business Excellence

Uhl, Axel; Born, Matthias; Koschmider, Agnes; Janasz, Tomasz

doi:10.4324/9781315577166-1

Cited by 3 publications

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“…With regards to technological benefits, it became clear that the utilisation of the IoT aids in automating the business process which accelerates growth within the retail industry businesses (Uhl et al, 2016). Accordingly, automation allows the industry to become flexible when making decisions, thus increasing business efficiency.…”

Section: Results and Analysismentioning

confidence: 99%

A case study of the benefits of the IoT in the Qatari retail industry

Al-Nabet¹

2021

SBE

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Technological advancements have led to the creation of new paradigms like the Internet of Things (IoT). These technologies are moving the digital space into a period where they will power billions of devices leading to the transformations of products and services provided by businesses. Therefore, the main purpose of this study is to explore the benefits of deployment of the Internet of Things (IoT) in businesses using the case of the Qatari retail businesses. The study assumed an interpretivism research philosophical stance and an addictive approach to theory utilising the Technology, Organisation, Environment model to guide the research. The research data were gathered using a qualitative approach utilising semi-structured interviews as the method of data collection. Accordingly, the heads of information technology in the selected retail industry businesses in Qatar were interviewed to answer the main research questions. The findings uncovered that retailers in Qatar are using the IoT devices such as sensors, scanners, beacons, smart shelves, personalisation alerts, and FRIDs to enable their key business operations and processes. Even though the Qatar retail businesses are not concerned about the specific IoT devices utilised, the benefits of their deployment established from the study include automation of business processes (Technological benefits), efficiency and personalisation of customer requirements (Organisational benefits), and increased collaboration and supply chain optimisation within the entire Qatar retail industry (Environmental benefits). As such, the results of the study agree with the TOE model that technology, organisation, and environment are the driving forces behind technology adoption and utilisation. Finally, among practical implications, a collaboration between software developers and the retail industry project professionals will ensure that the IoT artefacts are designed with security mechanisms, thus enhancing the security and safety of the information gathered from the IoT devices. Further, the study offers guidance on the theoretical elements that contribute to the benefits of utilising the IoT in Qatar retail businesses.

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Section: Results and Analysismentioning

confidence: 99%

A case study of the benefits of the IoT in the Qatari retail industry

Al-Nabet¹

2021

SBE

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The Impact of Digital Transformation on Innovation Management

Jelonek¹,

Stępniak²

2021

Zero Waste Management and Circular Economy

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Digital transformation is a specific organisational change resulting from the evolution of new information and communication technologies. The digital technologies that are most significantly changing not only business models but also innovation management are: social media, mobile technologies, analytics and Big Data, cloud computing and the Internet of Things. Over the years, innovation has become open, global, and collaborative in nature and involves diverse stakeholders and distributed innovation processes. Purpose: The aim of the research was to find answers to the following research question: How does digital transformation influence the realization and effectiveness of the innovation processes? In addition, the digital technologies that have the greatest impact on the effectiveness of each stage in the innovation management process were identified. Design/methodology/approach: An interview method with managers of large enterprises was used. Findings: Research has shown that the use of appropriately selected digital technologies to implement particular stages of innovation creation increases the effectiveness of these processes. The study has proven that digital transformation facilitates the creation of collaborative innovations. The research also proved that focusing on customers and creating innovations that meet their needs allows companies to increase their competitiveness.

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Specificity of Organization of Activity of Economic Entities in Conditions of Digitalization of Economy

Chmeruk

Стороженко

2020

Market Infrastructure

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The Importance of Technological Trends and How to Exploit Them for Business Excellence

Cited by 3 publications

References 0 publications

A case study of the benefits of the IoT in the Qatari retail industry

A case study of the benefits of the IoT in the Qatari retail industry

The Impact of Digital Transformation on Innovation Management

Specificity of Organization of Activity of Economic Entities in Conditions of Digitalization of Economy

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