Cognisant computing and ‘lean’ practices: Interactions with 21st century businesses and implications
Authors:
OGU Emmanuel
Publication Type: Journal article
Journal: International Journal Of Business Information Systems (ijbis)
ISSN Number:
0
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Abstract
Cognisant computing and ‘lean’ practices portend great promises for savvy businesses of the 21st century, with the potential to create huge savings and returns, guarantee global competitiveness, enhance efficiency of manufacturing and process chain operations, and boost financial performance, productivity and products’ market performance. Until now, the nexus between these twain paradigms remained blurred, with very little knowledge of how
both can be combined and harnessed to ensure business success in the 21st century. The dawn of the Industry 4.0 revolution necessitates that these twain concepts be re-investigated to uncover a possible nexus between them that could guarantee the success, competitive advantage and sustainability of
businesses in the industrial revolution. This study utilises the exploratory research methodology due to the relatively new and emergent nature of the domain of discourse. Cognisant computing is introduced, illuminating prospects for businesses, and how ‘lean’ practices could be integrated to guarantee business success.
