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How to use bits for beats: the future strategies of music companies for using Industry 4.0 technologies in their value chain
Information Systems and E-Business Management ( IF 2.3 ) Pub Date : 2023-06-05 , DOI: 10.1007/s10257-023-00639-x
Gelayol Safavi Jahromi , Sepehr Ghazinoory

Recent technological developments have substantially impacted on the music industry. The advent of Industry 4.0, which comprises technologies like artificial intelligence, big data, cloud computing, the Internet of things, and blockchain, has transformed the music industry value chain. Despite the significance of these changes, there is insufficient literature on how Industry 4.0 affects the entire value chain of the music industry and how music companies should adopt these changes according to their priority. This article presents findings from a study on how Industry 4.0 capabilities can alter the music industry’s value chain and how music companies should adopt these capabilities. The capabilities were identified through a literature review and semi-structured interviews with technology experts. Participants from 16 countries, who were experts in Industry 4.0 technologies, were invited to assess the impact and practicability of the capabilities using a questionnaire. The capabilities were then classified into four categories based on their scores. Finally, through an electronic brainstorming session, strategies were proposed for companies to implement each category of the capabilities.



中文翻译:

如何将比特用于节拍:音乐公司在其价值链中使用工业 4.0 技术的未来战略

最近的技术发展对音乐产业产生了重大影响。人工智能、大数据、云计算、物联网、区块链等技术的工业4.0的出现,改变了音乐产业价值链。尽管这些变化意义重大,但关于工业 4.0 如何影响音乐产业的整个价值链以及音乐公司应如何根据其优先级采用这些变化的文献还不够。本文介绍了关于工业 4.0 功能如何改变音乐行业价值链以及音乐公司应如何采用这些功能的研究结果。这些功能是通过文献综述和对技术专家的半结构化访谈来确定的。来自 16 个国家的工业 4.0 技术专家参与者被邀请通过问卷评估这些能力的影响和实用性。然后根据得分将这些能力分为四类。最后,通过电子头脑风暴会议,为公司提出了实施每一类功能的策略。

更新日期:2023-06-05
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