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55 results for “business models”
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Review ArticleOpen accessPhrase in the titleThe Digital (R)evolution of Insurance Business ModelsAntonella CappielloThe paper focuses on the digital transformation that is greatly affecting the insurance industry and forcing radical change upon corporate culture, products and processes, customer relationship and relations with the sector’s various competitors. By responding to three research questions, the paper aims to contribute to the academic discussion and proposes to offer useful cues of reflection to the insurance management, … …American Journal of Economics and Business Administration, Vol. 12, Issue 1 · 1 Jan 2020 · 16,342 accessesView PDFCite
Research ArticleOpen accessPhrase in the titleEffects of Renewable Energies and Big Data on the Biggest Spanish Energy Power Companies’ Business ModelsPablo de MergelinaSince the emergence of renewable energy sources and thanks to the encouragement of governments and the interest of citizens in an economical, environmentally friendly and sustainable system, the electricity sector is in a transition to renewable energy. Renewable energy is not simply the cornerstone of a transaction, but an entire electric revolution. Literature review reveals the following question: How will … …American Journal of Economics and Business Administration, Vol. 12, Issue 1 · 17 May 2020 · 8,046 accessesView PDFCite
Review ArticleOpen accessEvery word in the titleUtilizing Large Language Models in Business Process Management: Applications and ChallengesMahmoud Boghdady Abdel Wahab, Sherif A. Mazen, Iman M. A. HelalLarge Language Models (LLMs) have recently been used in numerous domains, such as Business Process Management (BPM), which has significantly advanced. With LLMs' ability to understand language, reason, and tackle new challenges with minimal guidance, they offer an exciting opportunity to rethink and improve BPM practices. This systematic literature review examines insights from 42 peer-reviewed studies to understand how LLMs … …Journal of Computer Science, Vol. 21, Issue 8 · 8 Oct 2025 · 4,462 accessesView PDFCite
Research ArticleOpen accessEvery word in the titleCreating Improved Models of Business Processes Through Statistical Analysis of Customer Orders with Multiple Types of ComplexityRaschid Ijioui, Heike Emmerich, Jürgen Hubert, Frank SchillerTo gain a better understanding of the internal work processes in service-oriented supply chains, it is very important to design models that are able to realistically describe the components of the supply chain. To meet this goal, it is necessary to find suitable statistical distributions of the processing times for the orders passing the chain. In this article we examine … …Journal of Mathematics and Statistics, Vol. 1, Issue 3 · 30 Sep 2005 · 6,854 accessesView PDFCite
Literature ReviewOpen accessIn the keywordsInsurTech Integration: Reshaping the Insurance Value Chain in the Digital AgeAndrea Jonathan Pagano, Antonella Cappiello, Emanuele Vannucci, Chiara D’EliaTo face the radical changes that characterized the competitive scenario over the last years, the insurance industry is turning to digital transformation, adapting innovative business models like those increasingly seen in other industries. The paper explores the impact of ongoing digitization that is greatly affecting the insurance industry and forcing radical change upon corporate culture, products and processes, customer relationships, … …American Journal of Economics and Business Administration, Vol. 16, Issue 1 · 30 Dec 2024 · 8,870 accessesView PDFCite
Research ArticleOpen accessIn the keywordsAugmented Scope-Based E-Commerce Business Model for Emerging MarketsRazib Hayat Khan, Ankan Shahriar Islam et al.E-commerce is one of the world's fastest-growing software service industries. With the arrival and rise of the 4th industrial revolution and technological advancements such as Artificial Intelligence, machine learning, and subscription economies, e-commerce is primed for significant growth globally, particularly in emerging markets. Emerging markets provide several unique growth factors and catalysts such as smart device adoption, high internet penetration, … …Journal of Computer Science, Vol. 19, Issue 12 · 20 Oct 2023 · 7,415 accessesView PDFCite
Research ArticleOpen accessIn the keywordsSustainability of International Standards Organisation 14001 Standards through Integration with Lean PrinciplesPuvanasvaran A.L.A. Perumal, Robert Kerk Swee Tian, Mohd Razali MuhamadProblem statement: Both Lean and Environmental Management System (EMS) are key business processes which are employed by companies to enhance their manufacturing process and quality performance. ISO 14001 requires a commitment to continual improvement. Yet it does not prescribe how a company should seek the continual improvement. Lean is a process improvement method that helps companies that use it to … …American Journal of Applied Sciences, Vol. 8, Issue 11 · 8 Oct 2011 · 6,795 accessesView PDFCite
Research ArticleOpen accessIn the abstractMethodology of the Development of Production Digital Twins Using a Simulation ExperimentSnježana Križanić, Neven VrčekThe simulation experiment evaluates whether the business process model accurately replicates real-world operations and whether the digital twin functions in real-time. A digital twin of a production business process is a virtual representation of its real-world counterpart. Its aim is to monitor the execution of the actual production business process in order to detect irregularities and production downtimes early and … …Journal of Computer Science, Vol. 21, Issue 6 · 13 Jun 2025 · 4,805 accessesView PDFCite
Research ArticleOpen accessIn the abstractGenMicro: A Tool for Generating Microservice Architectures with In-Depth Microservice DesignWilly Kengne Kungne, Georges-Edouard Kouamou, Paul AyangMicroService Architecture (MSA) has become an increasingly popular architectural style for distributed and service-based systems. Despite the various facilities offered by existing frameworks, setting up a microservice architecture remains challenging for developers. Also, configuring all the microservices is time-consuming. Several tools have been proposed for generating microservice architectures. For the most part, these tools focus on the basic configuration aspects, … …Journal of Computer Science, Vol. 21, Issue 3 · 25 Feb 2025 · 7,433 accessesView PDFCite
Research ArticleOpen accessIn the abstractHybrid Framework 4.0 for Enterprise Architecture in the Context of Teleworkingkouassi Thomas, Brou Pacôme, Koffi Kanga et al.Context and justification: The outbreak of the COVID-19 pandemic has triggered a profound change in the business landscape, forcing companies around the world and their information systems to fundamentally rethink their operational models to adapt to an uncertain and complex environment. The digital transformation of businesses and the era of information technology and remote storage are having an impact on … …Journal of Computer Science, Vol. 20, Issue 12 · 4 Nov 2024 · 4,730 accessesView PDFCite