Data

  • By Aleksandra Kekkonen English Version Today both fields of IT development and circular economy are in the highest interest. A circular economy promises a balanced and sustainable future in a clean and flourish way with well-designed and energy-efficient assets for all stakeholders. IT field in its turn drives economic development, brings science fiction projections in life, and saves (to some extent) the world from Covid consequences making distant work and business processes reality. For sure, all the popular tech trends like AI (Artificial Intelligence), ML (Machine Learning), IoT (Internet of Things), Big Data, edge computing, robotic process automation, and others come to ease our lives. But how those two fields overlap and what influence IT has for circular economy implementation?  First of all, IT field definition should be considered to be more specific in formulations: Information Technology (IT) is the use of computers to store, retrieve, transmit, and manipulate data or information. Necessary types of IT services include hardware & software, network Infrastructure (a company’s network infrastructure would typically include its internet connectivity and internal networking between computers and other devices (such as printers), mobile device management, cloud computing, and cybersecurity». Digital technologies play an important role in establishing real-time information exchanges among users, machines, and management systems. These technologies are intrinsically customer-focused and provide the information and connections needed to maintain a relationship far beyond the point of sale. Remote visibility and control of assets are especially critical for the Product as a Service, Sharing Platforms, and Product Life Extension business models. By altering the way businesses and consumers interact with physical and digital assets and enabling dematerialization, digital technologies can transform value chains, so they are decoupled from the need for additional resources for growth. Hybrid technology is partly digital and partly engineering. It can establish a unique type of control over assets and material flows. It allows a company to digitally identify...
  • 30 September 2019

    Blockchain, AI and Sharing

    By Lisanne Huizing English Version Due to the urbanization phenomenon, more people are going to move to cities. This will lead to more congestion of traffic, more pollution, and a necessity for more resources in cities among others. We will need more of everything than we have right now, in order to generate food and products. Resources are not endless, and they will become scarce in the future. “Smart Cities” have to solve this problem of rapid movement of goods, people and capital. By integrating technology, both cities’ and citizens’ behaviors can be understood. People can become involved and empowered by giving control over resources to more stakeholders by combining circular and smart technologies. It will give citizens the possibility to more actively govern their own resources at a lower geographical scale. Adaptive systems will be very beneficial for our future needs. Sharing & Circular Economy  With the Sharing Economy, a new phenomenon has arisen and it provides opportunities to redesign urban planning and access to locally shared resources. This will create a shift from possession-based, to a service-based economy. In order to use less resources in a growing and more demanding society, it will become necessary to make better use of the capacity of resources that is already existing.  When you look at a car that you only use in the weekends, for example, by sharing this with other people, it can also be used during the week. Once the car is optimally used and it comes to the end of its lifecycle, you can move towards the next step; circularity.  Although the Sharing Economy and Circular Economy are two different elements, they are connected. Because where the Sharing Economy ends, the Circular Economy begins. Together, they influence the taking shape of practices and optimization of processes. Cities can play a...
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