Platform operations in the Industry 4.0 era: Recent advances and 3As framework

Tana Siqin, Tsan Ming Choi (Corresponding Author), Sai Ho Chung, Xin Wen (Corresponding Author)

Research output: Journal article publicationJournal articleAcademic researchpeer-review

5 Citations (Scopus)

Abstract

In the Industry 4.0 era, implementing advanced technologies to enhance platform operations is crucial. Motivated by the importance of platforms and the wide implementation of Industry 4.0-related advanced technologies, we conduct this study on platform operations. Specifically, the platforms discussed herein are classified into (pure) product selling platforms and service platforms. We identify the platform-related operational issues in four categories: 1) the use of information, 2) operating/manufacturing processes, 3) decision support, and 4) consumer behavior and marketing. Based on the examined real-world practices and reviewed prior studies, we propose the novel “3As” framework to indicate how platforms should “adopt” advanced technologies to “address” operational issues to “achieve” outcomes. In addition, the “3As” framework uncovers possible platform innovations with three extended developments. Finally, we present a future agenda for further studies on the use of advanced technologies in platform operations. This article contributes to the operations and engineering management literature by generating insights regarding the implementation of advanced technologies in platform operations in the Industry 4.0 era.
Original languageEnglish
Pages (from-to)1-18
JournalIEEE Transactions on Engineering Management
DOIs
Publication statusPublished - 7 Mar 2022

Keywords

  • Bibliographies
  • Big Data
  • Business
  • Fourth Industrial Revolution
  • Industries
  • Industry 4.0 era
  • Pricing
  • Social networking (online)
  • The “3As framework”
  • advanced technologies
  • platform operations

ASJC Scopus subject areas

  • Strategy and Management
  • Electrical and Electronic Engineering

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