An introduction to the second wave industries

Other major market geographies also continue to struggle with many of the aforementioned issues at a less severe scale. The Massachusetts, New York and Maryland markets all fell quarter-over-quarter, though New Jersey has shown resiliency among the major Northeast markets. Conversely, emerging state markets such as Utah, Texas and South Carolina continue to scale as national installers capture expiring incentives and tap into early-adopter customers. That said, continued emerging market growth was not enough to offset weakness across major state markets.

An introduction to the second wave industries

Digitalization in the process industries — Evidence from the German water industry Marius Stoffels and Christian Ziemer Research on the adoption of digital technologies has largely omitted the process industries.

In this study, we address this research gap by presenting empirical evidence from a questionnaire survey comprising 86 responses from members of the German Water Partnership GWP association.

An introduction to the second wave industries

Our results indicate that firms in the water industry lay emphasis on projects harnessing digital technologies, while the execution and implementation still faces significant challenges that we discuss below. Correlation analysis reveals that firms that have interlaced conventional business strategy with IT strategy stronger prioritize the development new business models in the course of digitalization than their counterparts who do not have a digital business strategy.

Digitalization in the process industries – Evidence from the German water industry

Due to the new ways of value creation, delivery, and capture enabled by digital technologies, we evaluate the usefulness of a concept named the layered modular product architecture in context of the process industries and relate it to the need for developing a digital business strategy.

We close this article by deducing several implications for managers. While some industries, e. Although the process industries have successfully used advancements in technologies to optimize processes in the past Kim et al.

Driven by augmented processing power, connectivity of devices IoTadvanced data analytics, and sensor technology, innovation activities in the process industries now break away from established innovation paths Svahn et al. In contrast to prior innovations that were primarily bound to physical devices, new products are increasingly embedded into systems of value creation that span the physical and digital world Parmar et al.

On this new playing field, firms and researchers are jointly interested in the organizational characteristics and capabilities that are required to gain a competitive advantage e.

Whereas prior studies cover the effect of digital transformation on innovation in various industries like newspaper Karimi and Walter, automotive Henfridsson and Yoo, ; Svahn et al. The process industries are characterized by asset and research intensity, strong integration into physical locations, and often include value chains that are complex and feature aspects of rigidity Lager et al.

Multiple sectors like the chemical industry, water industry, food and beverage, generic pharmaceuticals, utilities, as well as forest and steel fall into this category Lager et al.

In many countries, industry associations drive discussions about digitalization. In order to evaluate how members of GWP translate the notion of Water 4. In this paper, we pursue several objectives. First, we introduce the concept of the layered modular product architecture into the process industries and discuss its applicability.

Second, we present descriptive data from a questionnaire survey conducted within the GWP to provide an overview of key digitalization priorities and challenges.

Finally, we discuss how business model innovation is related to a layered modular product architecture and conclude with implications for practitioners. Digitalization goes beyond a mere technical process of encoding diverse types of analog information in digital format i.

An example for digitalization-driven changes of socio-technical structures in the process industries is the transition from reactive maintenance towards predictive maintenance. This kind of innovation affects socio-technical structure. For example, reliable water supply systems have a tremendous impact on social life and also affect the economic prosperity of entire regions United Nations Report, In the transformation process of digitalization, practitioners and scholars alike are specifically interested in how the system of value creation and capture is changing Barua et al.

In this regard, the changing nature of product architectures is presented as a major challenge for innovation managers Yoo et al.Research on the adoption of digital technologies has largely omitted the process industries.

In this study, we address this research gap by presenting empirical evidence from a questionnaire survey comprising 86 responses from members of the German Water Partnership (GWP) association. This page was last updated on October 17, (Return to Industries Index Page)(This is a work in progress; research continues.) Overview.

Prior to World War II, Union Pacific's principal customers between Utah's two largest cities were sugar-beet factories at Layton and West Ogden.

Robust Design method, also called the Taguchi Method, pioneered by Dr. Genichi Taguchi, greatly improves engineering productivity. By consciously considering the noise factors (environmental variation during the product’s usage, manufacturing variation, and component deterioration) and the cost of failure in the field the Robust Design method helps ensure customer satisfaction.

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New Wave Industries is a company built on developing innovative solutions for the car wash industry. New Wave Industries continues to revolutionize the industry by offering solutions that deliver unsurpassed results, reduce waste, and increase the customer's bottom line.

The Second Wave K. J. Åström Department of Automatic Control LTH Lund University History of Control – The Second Wave 1.

Introduction 2. Chapter 1: Introduction to ECommerce. STUDY. PLAY. business-to-consumer (B2C) Most consumer shopping on the Web. First Wave: Rely on first mover advantage to endure success in all types of markets and industries Second Wave: Realize FMA leads to success only for some companies in certain specific markets and industries.

Second Industrial Revolution - Wikipedia