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Business Model Framework for IoT: Case Studies and Strategic Implications for IoT Businesses

  • Kim, Dongwook;Kim, Sungbum;Lee, Junghwan
    • Journal of Information Technology Applications and Management
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    • 제29권1호
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    • pp.1-28
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    • 2022
  • To realize the vision of internet of things (IoT), where it is expected to bring significant impact to the global economy in the future, consideration of business models in the IoT context is necessary. This research attempts to build an enhanced artifact business model framework based on the definitions of IoT and literature on business models for analysis of IoT businesses. The framework is used to analyze four different types of players: the owner of things, vendors of devices, providers of connectivity and providers of IoT application services. The findings suggest that the owners of things tend to partner with ICT players to complement their weakness, and it tends to be connectivity providers. The device vendors leverage their strength of devices and device platforms to attract and enable 3rd party sensor/devices to interconnect, while the service providers are aiming to penetrate into customer premise. These lead to the following recommendations for non-IT players to consider in expanding into IoT business: 1) take into account differences in product development process between IT and non-IT businesses in expanding into IoT market; 2) collaborate with ICT players that acknowledge and understand the differences.

조직의 정보 니즈와 ERP 기능과의 불일치 및 그 대응책에 대한 이해: 조직 메모리 이론을 바탕으로 (Understanding the Mismatch between ERP and Organizational Information Needs and Its Responses: A Study based on Organizational Memory Theory)

  • 정승렬;배억호
    • Asia pacific journal of information systems
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    • 제22권2호
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    • pp.21-38
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    • 2012
  • Until recently, successful implementation of ERP systems has been a popular topic among ERP researchers, who have attempted to identify its various contributing factors. None of these efforts, however, explicitly recognize the need to identify disparities that can exist between organizational information requirements and ERP systems. Since ERP systems are in fact "packages" -that is, software programs developed by independent software vendors for sale to organizations that use them-they are designed to meet the general needs of numerous organizations, rather than the unique needs of a particular organization, as is the case with custom-developed software. By adopting standard packages, organizations can substantially reduce many of the potential implementation risks commonly associated with custom-developed software. However, it is also true that the nature of the package itself could be a risk factor as the features and functions of the ERP systems may not completely comply with a particular organization's informational requirements. In this study, based on the organizational memory mismatch perspective that was derived from organizational memory theory and cognitive dissonance theory, we define the nature of disparities, which we call "mismatches," and propose that the mismatch between organizational information requirements and ERP systems is one of the primary determinants in the successful implementation of ERP systems. Furthermore, we suggest that customization efforts as a coping strategy for mismatches can play a significant role in increasing the possibilities of success. In order to examine the contention we propose in this study, we employed a survey-based field study of ERP project team members, resulting in a total of 77 responses. The results of this study show that, as anticipated from the organizational memory mismatch perspective, the mismatch between organizational information requirements and ERP systems makes a significantly negative impact on the implementation success of ERP systems. This finding confirms our hypothesis that the more mismatch there is, the more difficult successful ERP implementation is, and thus requires more attention to be drawn to mismatch as a major failure source in ERP implementation. This study also found that as a coping strategy on mismatch, the effects of customization are significant. In other words, utilizing the appropriate customization method could lead to the implementation success of ERP systems. This is somewhat interesting because it runs counter to the argument of some literature and ERP vendors that minimized customization (or even the lack thereof) is required for successful ERP implementation. In many ERP projects, there is a tendency among ERP developers to adopt default ERP functions without any customization, adhering to the slogan of "the introduction of best practices." However, this study asserts that we cannot expect successful implementation if we don't attempt to customize ERP systems when mismatches exist. For a more detailed analysis, we identified three types of mismatches-Non-ERP, Non-Procedure, and Hybrid. Among these, only Non-ERP mismatches (a situation in which ERP systems cannot support the existing information needs that are currently fulfilled) were found to have a direct influence on the implementation of ERP systems. Neither Non-Procedure nor Hybrid mismatches were found to have significant impact in the ERP context. These findings provide meaningful insights since they could serve as the basis for discussing how the ERP implementation process should be defined and what activities should be included in the implementation process. They show that ERP developers may not want to include organizational (or business processes) changes in the implementation process, suggesting that doing so could lead to failed implementation. And in fact, this suggestion eventually turned out to be true when we found that the application of process customization led to higher possibilities of failure. From these discussions, we are convinced that Non-ERP is the only type of mismatch we need to focus on during the implementation process, implying that organizational changes must be made before, rather than during, the implementation process. Finally, this study found that among the various customization approaches, bolt-on development methods in particular seemed to have significantly positive effects. Interestingly again, this finding is not in the same line of thought as that of the vendors in the ERP industry. The vendors' recommendations are to apply as many best practices as possible, thereby resulting in the minimization of customization and utilization of bolt-on development methods. They particularly advise against changing the source code and rather recommend employing, when necessary, the method of programming additional software code using the computer language of the vendor. As previously stated, however, our study found active customization, especially bolt-on development methods, to have positive effects on ERP, and found source code changes in particular to have the most significant effects. Moreover, our study found programming additional software to be ineffective, suggesting there is much difference between ERP developers and vendors in viewpoints and strategies toward ERP customization. In summary, mismatches are inherent in the ERP implementation context and play an important role in determining its success. Considering the significance of mismatches, this study proposes a new model for successful ERP implementation, developed from the organizational memory mismatch perspective, and provides many insights by empirically confirming the model's usefulness.

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비트코인 가격 변화에 관한 실증분석: 소비자, 산업, 그리고 거시변수를 중심으로 (Empirical Analysis on Bitcoin Price Change by Consumer, Industry and Macro-Economy Variables)

  • 이준식;김건우;박도형
    • 지능정보연구
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    • 제24권2호
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    • pp.195-220
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    • 2018
  • 본 연구는 비트코인 가격 변화량에 영향을 미치는 요인에 대한 실증 분석을 수행하였다. 기존 연구들은 암호화폐와 관련해 블록체인 시스템의 보안성, 암호화폐가 불러일으키는 경제적 파급효과 및 법적 시사점, 소비자 수용 및 사용 의도와 사회현상을 중심으로 이루어졌다. 그러나 암호화폐 가격 변화가 급등과 급락을 반복하면서 많은 사회적 문제를 야기했음에도 불구하고 암호화폐의 가격 변화에 영향을 미치는 요인에 대한 실증적 연구는 부족하다. 때문에 본 연구에서 암호화폐 가격 변화에 미치는 영향 요인을 도출하기 위해 암호화폐 중 가장 대표적인 비트코인을 중심으로 분석을 진행하였다. 분석을 위해 소비자, 산업, 거시경제 세 가지 차원에서 가설을 수립, 각 차원의 변수에 대한 시계열 데이터를 수집하였다. 단위근 검정을 통해 시계열 데이터에 대한 가성 회귀를 제거하고 안정성을 검증한 후, 비트코인 가격 변화량에 영향을 미칠 수 있는 요인들에 대한 회귀 분석을 실시하였다. 분석 결과 비트코인 가격 변화량은 비트코인 거래 금지에 대한 검색 트래픽, 미국 달러지수 변화량과는 음의 상관관계를, GPU 벤더의 주가 변화량, 원유 가격 변화량과는 양의 상관관계를 갖는 것을 확인했다. 그 이유로는 비트코인 거래 금지는 비트코인 존폐와 관련해 투자심리에 부정적 영향을 미친 것으로 판단되며, GPU 벤더 주가는 비트코인 생산 단가 증가와 관련해 비트코인 가격에 영향을 미친 것으로 해석된다. 미국 달러지수와는 반대로 움직임으로서 비트코인이 금의 성격을 갖고 있음을 확인하였으며, 원유 가격과의 관계를 통해 원자재와 같은 투자 자산의 역할도 갖고 있음을 확인하였다. 본 연구의 결과를 통해 비트코인이 가진 성격을 규명하였으며, 비트코인 가격 변화 요인에 대한 실증 검증을 통해, 그 동안 부족했던 비트코인 가격 변화 요인을 규명하였고, 해당 요인들을 통해 실무적으로 소비자나 금융기관, 정부 기관에 대해 비트코인에 대한 전략적인 접근방법에 대한 가이드를 제공할 수 있다는 점에서 의의가 있다.

거리 가판대에서의 초미세먼지(PM2.5)와 블랙 카본(BC)의 농도평가: 조리 가판대를 중심으로 (Assessment of PM2.5 and Black Carbon Concentrations among Street Vendors: Focusing on Cooking Stalls)

  • 김민정;신지윤;정지원;최수은;이기영
    • 한국환경보건학회지
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    • 제48권6호
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    • pp.291-297
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    • 2022
  • Background: PM2.5 and black carbon (BC) can be generated from cooking and from vehicle operation. Street vendors may be exposed to PM2.5 and BC due to their proximity both to roads and to cooking activities. Objectives: The objectives of this study were to evaluate the PM2.5 and BC concentrations in cooking stalls and to determine the effects of cooking activity and of types of cooking. Methods: Indoor and outdoor PM2.5 and BC concentrations, temperature, and relative humidity were measured in 32 stalls in April and May 2022. Behavioral factors such as the presence of cooking activity and types of cooking were observed. Student's T-test was performed using the difference of indoor and outdoor PM2.5 and BC concentrations to compare the effects of cooking activity and to compare types of cooking. Results: One-hour averages of the difference in indoor and outdoor PM2.5 concentrations for cooking stalls and non-cooking stalls were 9.7±15.7 ㎍/m3 (n=22) and -0.5±0.4 ㎍/m3 (n=10), respectively. The difference in indoor and outdoor PM2.5 concentrations in cooking stalls was significantly higher than in non-cooking stalls (p<0.05). The indoor PM2.5 concentration for stalls for Chinese pancakes and teokbokki exceeded the standards for indoor air quality in South Korea (50 ㎍/m3 ). The indoor PM2.5 concentration for Korean pancake stalls exceeded the standards for outdoor air quality in South Korea (35 ㎍/m3 for 24 hours). Conclusions: The PM2.5 concentrations in stalls with cooking activity was significantly higher than those in stalls without cooking activity. Some stalls with certain types of foods exceeded standards for indoor and outdoor air quality in South Korea. Better management of indoor air quality in stalls with cooking activities is necessary.

아웃소싱 공급 제조업체 관련 해외 민간주도의 노동기준인증제도에 관한 탐색적 조사 (An Exploratory Study on Foreign Labor Standards Accreditation Systems on Outsourcing Manufacturing Firms)

  • 황용식
    • 품질경영학회지
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    • 제38권1호
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    • pp.75-84
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    • 2010
  • Recently, foreign labor standards accreditation system has been emerged as more firms outsource manufacturing works to global vendors focused manufacturing. This paper discuss and compare three major private labor accreditation systems and evaluate what kind of problems may emerge if they become the major global standards for labor practices. This paper concludes that private labor standards accreditation system needs more transparency in the process and should improve accountability by including other stakeholders in the process.

정보시스템 아웃소싱의 관계 지속성에 관한 연구 : Time-Event Survival 분석 (Persistence of Information Systems (IS) Sourcing Relationship: An Event-Time Survival Analysis)

  • Nam, Kichan;Goo, Jahyun
    • 한국경영과학회지
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    • 제28권3호
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    • pp.1-30
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    • 2003
  • This study attempts to understand factors influencing the persistence of companie's outsourcing arrangements using the techniques of survival analysis. It provides an insight into the dynamics of outsourcing relationships between clients and vendors. This is particularly relevant considering that current IS sourcing arrangements are strategic and long term, and require close interdependent relationships between the client and the vendor.

사출 금형을 위한 협업 설계 시스템의 개발 (Development of Collaboration Framework for Injection Mold Design)

  • 정종훈;이건우
    • 한국CDE학회논문집
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    • 제5권1호
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    • pp.50-60
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    • 2000
  • XML and CORBA have vast potential to improve software interoperability and to facilitate data exchange across applications and people from various disciplines and vendors. This Paper describes a framework for the integration and validity evaluation of injection mold design problems in a network-oriented design environment, based on In and CORBA. An overview of the framework is provided and an application to a design phase of injection mold is illustrated. The example illustrates how design validities are notified and design directions are provided to the designer during design process.

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배전자동화 시스템 실계통 실증시험 결과 및 개선방안 (The result and improvement of the field test in Distribution Automation System)

  • 조남훈;하복남;박상만
    • 대한전기학회:학술대회논문집
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    • 대한전기학회 1997년도 하계학술대회 논문집 D
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    • pp.751-753
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    • 1997
  • The field test system covers three substation, 25 distribution feeders and 125 automated switches. Many small electric vendors participated in this project. Although each device is a small prototype, it was designed to carry out all of the functions. In performing the project, KEPRI has gained valuable experience, through dealing with many difficult problem. This paper is depicted about many kind of those difficult problems.

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Korean Space Weather Activities

  • 조경석;박영득;안병호
    • 천문학회보
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    • 제38권1호
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    • pp.66.1-66.1
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    • 2013
  • Six universities, four institutes and agencies, and two vendors are working for space weather in South Korea. Along with education and research activities, they have been extending ground-based observation system and upgrading space weather service, and participating in international space weather programs. Recently, several space missions for space weather have been proposed in accordance with the national space program of Korea. Here, we report and discuss the current status and future perspective of Korean community for space weather.

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PPM 부적합품률의 샘풀링 검사 계획의 고찰 (Review of Acceptance Sampling Plans for Parts Per Million Fraction of Defectives)

  • 최성운
    • 대한안전경영과학회지
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    • 제9권4호
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    • pp.137-142
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    • 2007
  • This paper is to introduce attribute acceptance sampling plan based on statistical inference of binomial proportions such as PPM or PPB. In addition, this paper presents three variable sampling acceptance sampling plans based on $C_{pm},\;C_{pmk}$, and Taguchi's loss function. Producers are able to consider as not only external vendors but also internal customers.