New Business Development Strategy of Telecommunication Operators Based on a Smart Energy System

2022 ◽  
pp. 207-221
Author(s):  
Junghwan Lee ◽  
Dongwook Kim
Keyword(s):  
Development Strategy ◽  
Success Factors ◽  
Global Climate ◽  
Energy System ◽  
Mobile Operator ◽  
New Business ◽  
Energy Service ◽  
Effective Organization ◽  
Energy Grid ◽  
Telecommunication Operators

This research studies the case of KT to see how a mobile operator expanded beyond its existing offerings to new smart energy business based on digital technology. Details were analysed specifically on how the business was developed, why the smart energy service was started, and what the success factors were. KT's smart energy business (KT-MEG: KT Micro Energy Grid) utilizes ICT to resolve energy issues such as global climate change and energy consumption growth. It also provides growth opportunities for KT with its KT-MEG platform. The authors analyze that KT was able to leverage sustainability as a new growth engine by developing new businesses to differentiate customer experience, create effective organization structure, and generate business impact in addition to application of latest ICT technologies such as artificial intelligence, IoT (internet of things), and big data. The results provide a good guideline for business transformation of ICT firms in the era of Industry 4.0.

scholarly journals Development of Innovative Business of Telecommunication Operator

2020 ◽  
Vol 11 (3) ◽  
pp. 1-14
Author(s):  
Junghwan Lee ◽  
Dongwook Kim
Keyword(s):  
Information And Communication Technology ◽  
Communication Technology ◽  
Digital Technology ◽  
Success Factors ◽  
Global Climate ◽  
Mobile Operator ◽  
Information And Communication ◽  
Energy Service ◽  
Effective Organization ◽  
Energy Grid

Mobile operators globally are endeavoring to expand beyond legacy communications/media business to create new growth engine based on information and communication technology (ICT). This research studies the case of KT to see how a mobile operator expanded beyond its existing offerings to new smart energy business leveraging digital technology. Details were analyzed specifically how the business was developed, why the smart energy service was started, and what the success factors were. KT's smart energy business (KT-MEG: KT Micro Energy Grid) utilizes ICT to resolve energy issues such as global climate change and energy consumption growth and provides growth opportunities for KT with its KT-MEG platform. We analyze that KT was able to leverage sustainability as a new growth engine by developing new businesses to differentiate customer experience, creating effective organization structure, and generating business impact in addition to leveraging latest ICT technologies such as artificial intelligence, IoT (Internet of Things) and big data.

scholarly journals Renewable energy sources in future energy balance of the republic of Kazakhstan

2018 ◽  
Vol 58 ◽  
pp. 03006 ◽  
Author(s):  
Bekzhan Mukatov ◽  
Ravil Khabibullin
Keyword(s):  
Renewable Energy ◽  
Development Strategy ◽  
Large Scale ◽  
Renewable Energy Sources ◽  
Energy System ◽  
Energy Sources ◽  
Basic Principles ◽  
The World ◽  
Main Factors ◽  
The Republic

The article describes the main factors determining the development of renewable energy sources in the world. The assessment of the applicability of foreign RES development strategies to Kazakhstan’s energy system has been made. The main tasks facing Kazakhstan’s energy system with large-scale implementation of renewable energy were formulated. On the basis of the analysis and performed calculations recommendations and basic principles have been made on development strategy of renewable energy sources in the Republic of Kazakhstan.

scholarly journals Assessment of Energy and Environment Footprint of a Proposed Wind Farm in Western Coast of Libya Using LCA

2021 ◽  
Author(s):  
Abdelbari Elmariami ◽  
Wedad Elosta ◽  
Mohamed Elfleet ◽  
Yusef Khalifa
Keyword(s):  
Climate Change ◽  
Wind Farm ◽  
Global Climate ◽  
Energy Resource ◽  
Impact Category ◽  
Energy System ◽  
Energy Performance ◽  
International Standards ◽  
Oil Refinery ◽  
Western Coast

Abstract Wind offers Libya an abundant, domestic, and currently untapped carbon free energy resource. This paper describes LCA model of assessment for the identified wind farm near the coastal city Zawia in Libya. The city has been affected by GHG emissions associated with Oil refinery facilities for the last five decades. The model study investigates the life cycle energy performance of the wind farm and the environmental impact category indicators at midpoint level, specifically; acidification and climate change. LCA was conducted to the proposed utility-scale wind farm with total estimated power of 20 MW, the assessment was conducted using the principles of the international standards ISO14040 and 14044. The results demonstrated that the amount of CO2 that can be avoided from the proposed wind farm would be about 2 MtCO2. The other emissions that could be avoided are 352.7 kg CH4 and 63.5 kg N2O. This would contribute to the alleviation of global climate change and global sustainability energy system which is recommended by UN SDG7.

Web 2.0 and its Implications on Globally Competitive Business Model

2014 ◽  
pp. 86-101
Author(s):  
Sudhanshu Joshi
Keyword(s):  
Social Media ◽  
Web 2.0 ◽  
Business Model ◽  
Success Factors ◽  
Business Models ◽  
Strategy Formulation ◽  
Firm Level ◽  
Critical Success ◽  
New Business ◽  
Internal Operations

Considering the impact of using social media, both internal and external implications for company operations are required to be explored. The chapter explores how social media is used to enable innovation practices in company internal operations as well as external stakeholders. In addition, the objective of the study is to evaluate the need and scope of Web 2.0 behind the restructuring of the business model, with major emphasis on implementing a user-centric business model. The research questions include: (a) What are the Critical Success Factors (CSF) responsible for attracting and engaging users in Web 2.0-oriented business processes and practices?; (b) Identifying the scope of effective Web 2.0-based strategies to overcome internal resistance at operational as well firm level during deployment of new business model. The chapter also discusses the influence of Web 2.0 concepts in the Web-strategy formulation for organizations with differing requirements, characteristics, and objectives. Considering four types of Web-based business models (Wirtz, 2010), namely (a) content-oriented business model, (b) commerce-oriented business model, (c) context-oriented business model, and (d) connection-oriented business model. The chapter defines the implementation of Web 2.0-based technological strategies in evolving the business model of the firm.

Adaptive Virtual Reality Shopping Malls

2008 ◽  
pp. 1551-1559
Author(s):  
George Lepouras ◽  
Costas Vassilakis
Keyword(s):  
Virtual Reality ◽  
User Experience ◽  
Success Factors ◽  
User Interaction ◽  
Shopping Mall ◽  
Shopping Malls ◽  
Critical Success ◽  
New Business ◽  
Electronic Shopping ◽  
Public Offering

Firms and organizations are increasingly exploiting electronic channels to reach their customers and create new business opportunities. To this end, electronic shops have been developed, either offering products from a single firm or encompassing multiple individual electronic stores, comprising thus electronic shopping malls. Besides development activities, electronic shopping has attracted the attention of researchers, who have studied various perspectives, including user attitude, critical success factors, security, technical aspects, and so forth (e.g., Fang & Salvendy, 2003; Wang, Makaroff, & Edwards, 2003). Two main concerns for e-commerce are personalization and enhancement of user experience. Personalization addresses the ability to offer content tailored to the preferences of each user (Anupam, Hull, & Kumar, 2001) or user group (Wang et al., 2003). Preferences may be explicitly declared by the user, or derived by the system through inspecting user interaction; if the system dynamically reacts to changes of visitor behavior, it is termed as adaptive. Personalization allows customers to focus on the items they are interested in, and enables electronic shops to make targeted suggestions and send promotions to customers (Lekakos & Giaglis, 2005). Enhancement of user experience is another major issue in e-commerce, given that 2D images and texts on the screen are not sufficient to provide information on product aspects such as physical dimensions, textures, and manipulation feedback (Park & Woohun, 2004). Major e-commerce categories that could benefit from giving a more accurate and/or complete view of the products include real estate brokers who could present detailed models of properties, furniture stores that could allow their customers to view how certain pieces would fit in the target place (Hughes, Brusilovsky, & Lewis, 2002), and clothing shops that could provide a virtual fitting room with customizable avatars (Compucloz Corporation, 2003). Multimedia presentations can also be used as a means for “information acceleration” for promoting “really new” products (Urban et al., 1997). Enhancement of user experience may finally compensate for the loss of the pleasure associated with a visit to a shopping mall (Laskaridis, Vassilakis, Lepouras, & Rouvas, 2001). Nowadays, the technological potential of Internet systems provides adequate means for building online multimedia applications that can help e-commerce sites attract e-shoppers. Applications can be built to adapt to the user’s profile and provide the user with a suitable set of information in the most efficient way. Virtual reality (VR) technologies are also now mature enough to be used for the wide public, offering vivid and highly interactive environments, allowing users to view synthetic worlds within which they can visualize and manipulate artifacts. This article aims to specify a system that exploits capabilities offered by adaptation and VR technologies to offer e-shoppers personalized and enhanced experiences, while addressing challenges related to the cost, complexity, and effort of building and maintaining such a system.

The Contemporary US Energy System Overview Including A Comparison With China

2016 ◽  
Author(s):  
Michael B. McElroy
Keyword(s):  
Climate Change ◽  
United States ◽  
Global Climate ◽  
Energy System ◽  
The United States ◽  
Economic Benefits ◽  
Personal Consumption ◽  
Energy Economy ◽  
Near Term ◽  
Reduce Emissions

The discussion in chapter 2 addressed what might be described as a microview of the US energy economy— how we use energy as individuals, how we measure our personal consumption, and how we pay for it. We turn attention now to a more expansive perspective— the use of energy on a national scale, including a discussion of associated economic benefits and costs. We focus specifically on implications for emissions of the greenhouse gas CO2. If we are to take the issue of human- induced climate change seriously— and I do— we will be obliged to adjust our energy system markedly to reduce emissions of this gas, the most important agent for human- induced climate change. And we will need to do it sooner rather than later. This chapter will underscore the magnitude of the challenge we face if we are to successfully chart the course to a more sustainable climate- energy future. We turn later to strategies that might accelerate our progress toward this objective.We elected in this volume to focus on the present and potential future of the energy economy of the United States. It is important to recognize that the fate of the global climate system will depend not just on what happens in the United States but also to an increasing extent on what comes to pass in other large industrial economies. China surpassed the United States as the largest national emitter of CO2 in 2006. The United States and China together were responsible in 2012 for more than 42% of total global emissions. Add Russia, India, Japan, Germany, Canada, United Kingdom, South Korea, and Iran to the mix (the other members of the top 10 emitting countries ordered in terms of their relative contributions), and we can account for more than 60% of the global total. Given the importance of China to the global CO2 economy (more than 26% of the present global total and likely to increase significantly in the near term), I decided that it would be instructive to include here at least some discussion of the situation in China— to elaborate what the energy economies of China and the United States have in common, outlining at the same time the factors and challenges that set them apart.

I Play, I Pay?

2012 ◽  
Vol 4 (1) ◽  
pp. 19-31 ◽  
Author(s):  
Bo Han
Keyword(s):  
Willingness To Pay ◽  
Success Factors ◽  
Business Models ◽  
Economic Value ◽  
Model Development ◽  
Critical Factor ◽  
Influential Factors ◽  
Perceived Playfulness ◽  
New Business ◽  
Marketing Activities

The user’s willingness to pay has become one of the most important success factors of hedonic social network site new business models and social media marketing activities. In the current study, the author investigates the influential factors of the user’s willingness to pay from the hedonic system use theories and the social capital based view. The author finds that the user’s perceived playfulness, which is considered a critical factor by practitioners, has no significant positive effect on the user’s willingness to pay. Along with other findings, the author has a further discussion on the fun-based business model development. This study provides a theoretical foundation for the future HSNS economic value research and offers several implications to practitioners.

Startup Success Trends in Small Business Beyond Five-Years

2018 ◽  
Vol 3 (1) ◽  
pp. 1-16 ◽  
Author(s):  
Alvin Perry ◽  
Emad Rahim ◽  
Bill Davis
Keyword(s):  
Small Business ◽  
Success Factors ◽  
Early Growth ◽  
Business Development ◽  
Growth Stages ◽  
Small Business Owners ◽  
Doing Business ◽  
Start Up ◽  
Business Failures ◽  
New Business

While entrepreneurs help to drive venture growth through business development in their respective cities, approximately 50% of new business ventures fail within the first 5 years of operation. Boss concluded that over 60% of entrepreneurs and small business owners fail within the first 6 years of doing business. This article examines some of the main factors that support early growth stage entrepreneurial sustainability for small business startups. In this article, entrepreneurship success factors, failure rates and sustainability are examined through qualitative research, expanding on factors identified in previous studies and applying them to different geographical areas. The results of this study can help reduce the number of small business failures by providing actionable knowledge to entrepreneurs in the start-up and early growth stages of business development.

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