Driving profitable business growth through economical optimization, energy management, and industrial 5.0 innovations
- Title
- Driving profitable business growth through economical optimization, energy management, and industrial 5.0 innovations
- Creator
- Pachuau L.; Bhaskar D.N.S.; Manimegalai V.; Varde Y.; Harshitha Y.S.; Murugan S.
- Description
- The chapter emphasizes the significance of economic optimization, energy efficiency, and Industrial 5.0 innovations in driving sustainable growth and profitability in today's business landscape. It highlights the strategic allocation of resources to maximize efficiency and minimize costs, using lean management principles, automation, and data analytics. Energy management is crucial for reducing operational costs and mitigating environmental impact, using renewable energy sources and smart technologies. Industrial 5.0, a new era of industrial transformation, combines automation, connectivity, and data exchange, with technologies like artificial intelligence, IoT, and blockchain. 2024, IGI Global.
- Source
- Cases on AI Ethics in Business, pp. 252-275.
- Date
- 2024-01-01
- Publisher
- IGI Global
- Coverage
- Pachuau L., Department of Management, Pachhunga University College, Aizawl, India; Bhaskar D.N.S., Department of Humanities and Social Sciences, Vasavi College of Engineering (Autonomous), Hyderabad, India; Manimegalai V., Department of Management Studies, Nandha Engineering College (Autonomous), Erode, India; Varde Y., Department of Management, International Institute of Management Studies, Pune, India; Harshitha Y.S., Department of Business and Management, Christ University (Deemed), Bengaluru, India; Murugan S., Gona College of Technology, India
- Rights
- Restricted Access
- Relation
- ISBN: 979-836932644-2; 979-836932643-5
- Format
- Online
- Language
- English
- Type
- Book chapter
Collection
Citation
Pachuau L.; Bhaskar D.N.S.; Manimegalai V.; Varde Y.; Harshitha Y.S.; Murugan S., “Driving profitable business growth through economical optimization, energy management, and industrial 5.0 innovations,” CHRIST (Deemed To Be University) Institutional Repository, accessed February 23, 2025, https://archives.christuniversity.in/items/show/17685.