Information Technology for Smart Business

A. V. Karthick, S. Balasubramanian, ,
International Journal of Computational and Electronic Aspects in Engineering
Volume 4: Issue 3, July-September 2023, pp 78-85

Author's Information
A. V. Karthick 1 
Corresponding Author
1Department of Computational Logistics, Alagappa University, Karaikudi, India
avkarthick@gmail.com

 S. Balasubramanian2
2Department of Computational Logistics, Alagappa University, Karaikudi, India
Article -- Peer Reviewed
First online on – 12 September 2023

Open Access article under Creative Commons License

Cite this article –A. V. Karthick, S. Balasubramanian, “Information Technology for Smart Business”, International Journal of Computational and Electronic Aspects in Engineering, RAME Publishers, vol. 4, Issue 3, pp. 78-85, 2023.
https://doi.org/10.26706/ijceae.4.3.20230904

Abstract:-
A completely automated production system equipped with cutting-edge digital technologies is referred to as a smart business. Its emergence is viewed in many studies as the beginning of a new wave of production innovation. Smart business use a combination of physical and cyber technologies. As more and more objects acquire intelligence, scientists and engineers work to create not only cutting-edge technology but also smarter homes, factories, and even cities. The fourth industrial revolution that current design of the digital factory makes it necessary to construct the smart business in order to making the associated technologies through technology and deep integration of previously independent discrete systems. Despite the recent sharpening of conceptions, it is challenging for industrial companies to build a clear. Within the maze of varying terminology, thoughts and ideas, design a strategic roadmap. This study discusses the smart business in order to provide both researchers and practitioners with more clarity and to consolidate the prior findings. Reduced human operator involvement and an emphasis on automation systems are the main goals of Industry 4.0. However, this goal has shifted in Industry 5.0, which attempts to maintain a balance while maximizing advantages from human-machine interaction. The goal of Industry 5.0 is to improve the relationship between people's inherent productivity and ever-more-powerful machinery.
Index Terms:-
technology, smart, business, industry
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