Proceedings of the 9th International Conference on Operations and Supply Chain Management, Vietnam, 2019

ISBN: 9786027060470


New Future for Sustainability and Industrial Development: Success in Blockchain, Internet of Production, and Cloud Computing Technology

Onu Peter
University of Johannesburg

Charles Mbohwa
University of Johannesburg

The industrial operation, as we know, is transitioning. Newly emerging innovations and digitization techniques now play a vital role in transforming manufacturing activities beyond the natural materials selection requirement, energy savings, and waste reduction. Here, we explore new concepts and review technological drivers, including big data, Cyber- Physical Systems (CPS), high-speed internet, and the Internet of Things (IoT) application to promote SMEs' operational performance. The purpose of this study is to support the improvement of competitiveness in production and sustainability in the industrial sector, citing nascent technological approaches. We aim to understand the applicability and awareness level of selected techno-innovation strategies: Internet of Production, cloud computing, and blockchain technology to bolster productivity in the manufacturing and service sector. A survey is conducted, comprising of experts; University faculties, reputable IT-savvy specialists, and managers of innovation-minded corporations to draw inference on outlooks for techno-innovation success in the near future. The results proffer strategies to ameliorate the limitation of new technological initiatives to transform industrial operations and sustainably promote productivity. More so, the article is a contribution to the body of knowledge on the subject matter, giving insight to technicalities, challenges, and a series of recommendations for future industry development.

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@InProceedings{Peter2019_OSCMConference_184,
    author = {Peter, Onu and Mbohwa, Charles},
    title = {New Future for Sustainability and Industrial Development: Success in Blockchain, Internet of Production, and Cloud Computing Technology},
    booktitle = {Proceedings of the 9th International Conference on Operations and Supply Chain Management, Vietnam, 2019},
    year = {2019},
    doi = {NaN}
}

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