IDEAS home Printed from https://ideas.repec.org/a/vrs/poicbe/v18y2024i1p829-845n1017.html
   My bibliography  Save this article

A Review of the Information Technology and Operational Technology Convergence Using Internet of Things within the Circular Economy

Author

Listed:
  • Gheorghe Sorin-Daniel

    (Bucharest University of Economic Studies, Bucharest, Romania)

Abstract

The historical separation of Information Technology and Operational Technology in organizations, particularly in the industrial sector, is being challenged by the digital transformation. This shift towards a converged platform is driven by technological advancements, market pressures, and environmental and regulatory considerations. This paper explores the convergence of Information Technology and Operational Technology through the Internet of Things within the Circular Economy. A comprehensive overview of the current scientific literature is provided using a systematic review method. Initially, the evolving landscape of the Information Technology and Operational Technology integration is reviewed, then Internet of Things and Circular Economy are presented. The findings of this study include the challenges of the converged solution implementation, such as the technical integration complexities, cybersecurity risks, organizational and cultural barriers, and workforce skills gap. Furthermore, the role of the Internet of Things is demonstrated using novel smart circular loops, products, and applications showcasing innovative ideas such as product-as-a-service models, digital circular practices, products with embedded sensors, energy harvesting, and modular and upgrade capabilities as well as novel digital factory use cases such as smart manufacturing and industrial symbiosis networks. The key findings also outline the best practices and recommendations for a successful implementation of this converged infrastructure, highlighting the importance of a strategic implementation and cross-domain collaboration to achieve operational efficiency and environmental sustainability. The insights provided in this paper are valuable for academics, practitioners, and policymakers aimed to understand and harness the digital technologies for advancing sustainable practices towards a smart circular economy.

Suggested Citation

  • Gheorghe Sorin-Daniel, 2024. "A Review of the Information Technology and Operational Technology Convergence Using Internet of Things within the Circular Economy," Proceedings of the International Conference on Business Excellence, Sciendo, vol. 18(1), pages 829-845.
  • Handle: RePEc:vrs:poicbe:v:18:y:2024:i:1:p:829-845:n:1017
    DOI: 10.2478/picbe-2024-0073
    as

    Download full text from publisher

    File URL: https://doi.org/10.2478/picbe-2024-0073
    Download Restriction: no

    File URL: https://libkey.io/10.2478/picbe-2024-0073?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Walter R. Stahel, 2016. "The circular economy," Nature, Nature, vol. 531(7595), pages 435-438, March.
    2. Davide Berardi & Franco Callegati & Andrea Giovine & Andrea Melis & Marco Prandini & Lorenzo Rinieri, 2023. "When Operation Technology Meets Information Technology: Challenges and Opportunities," Future Internet, MDPI, vol. 15(3), pages 1-16, February.
    3. Julian Marius Müller & Daniel Kiel & Kai-Ingo Voigt, 2018. "What Drives the Implementation of Industry 4.0? The Role of Opportunities and Challenges in the Context of Sustainability," Sustainability, MDPI, vol. 10(1), pages 1-24, January.
    4. Kirchherr, Julian & Reike, Denise & Hekkert, Marko, 2017. "Conceptualizing the circular economy: An analysis of 114 definitions," Resources, Conservation & Recycling, Elsevier, vol. 127(C), pages 221-232.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Naiara Uriarte-Gallastegi & Beñat Landeta-Manzano & German Arana-Landín & Iker Laskurain-Iturbe, 2022. "How Do Technologies Based on Cyber–Physical Systems Affect the Environmental Performance of Products? A Comparative Study of Manufacturers’ and Customers’ Perspectives," Sustainability, MDPI, vol. 14(20), pages 1-26, October.
    2. Germán López Pérez & Isabel María García Sánchez & José Luis Zafra Gómez, 2024. "A systematic literature review and bibliometric analysis of eco‐innovation on financial performance: Identifying barriers and drivers," Business Strategy and the Environment, Wiley Blackwell, vol. 33(2), pages 1321-1340, February.
    3. Graziela Darla Araujo Galvão & Steve Evans & Paulo Sergio Scoleze Ferrer & Marly Monteiro de Carvalho, 2022. "Circular business model: Breaking down barriers towards sustainable development," Business Strategy and the Environment, Wiley Blackwell, vol. 31(4), pages 1504-1524, May.
    4. Philip Krummeck & Yagmur Damla Dokur & Daniel Braun & Steffen Kiemel & Robert Miehe, 2022. "Designing Component Interfaces for the Circular Economy—A Case Study for Product-As-A-Service Business Models in the Automotive Industry," Sustainability, MDPI, vol. 14(21), pages 1-17, October.
    5. Concepción Garcés-Ayerbe & Pilar Rivera-Torres & Inés Suárez-Perales & Dante I. Leyva-de la Hiz, 2019. "Is It Possible to Change from a Linear to a Circular Economy? An Overview of Opportunities and Barriers for European Small and Medium-Sized Enterprise Companies," IJERPH, MDPI, vol. 16(5), pages 1-15, March.
    6. Chembessi Chedrak & Gohoungodji Paulin & Juste Rajaonson, 2023. "“A fine wine, better with age”: Circular economy historical roots and influential publications: A bibliometric analysis using Reference Publication Year Spectroscopy (RPYS)," Journal of Industrial Ecology, Yale University, vol. 27(6), pages 1593-1612, December.
    7. Gilbert Silvius & Aydan Ismayilova & Vicente Sales-Vivó & Micol Costi, 2021. "Exploring Barriers for Circularity in the EU Furniture Industry," Sustainability, MDPI, vol. 13(19), pages 1-25, October.
    8. Doussoulin, Jean Pierre & Bittencourt, Mariana, 2022. "How effective is the construction sector in promoting the circular economy in Brazil and France? : A waste input-output analysis," Structural Change and Economic Dynamics, Elsevier, vol. 60(C), pages 47-58.
    9. Răzvan-Andrei Corboș & Ovidiu-Iulian Bunea & Daniel-Constantin Jiroveanu, 2023. "The Effects of Strategic Procurement 4.0 Performance on Organizational Competitiveness in the Circular Economy," Logistics, MDPI, vol. 7(1), pages 1-17, February.
    10. BĂTUȘARU Cristina-Maria & SBÂRCEA Ioana-Raluca, 2023. "Harmonizing Circularity: Romania’S Progressive Efforts Towards Circular Economy Integration In Europe," Management of Sustainable Development, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 15(1), pages 62-74, June.
    11. Anbesh Jamwal & Sushma Kumari & Rajeev Agrawal & Monica Sharma & Ismail Gölgeci, 2024. "Unlocking Circular Economy Through Digital Transformation: the Role of Enabling Factors in SMEs," International Journal of Global Business and Competitiveness, Springer, vol. 19(1), pages 24-36, June.
    12. Albérico Travassos Rosário & Joana Carmo Dias, 2023. "The New Digital Economy and Sustainability: Challenges and Opportunities," Sustainability, MDPI, vol. 15(14), pages 1-23, July.
    13. Dey, Prasanta Kumar & Malesios, Chrysovalantis & Chowdhury, Soumyadeb & Saha, Krishnendu & Budhwar, Pawan & De, Debashree, 2022. "Adoption of circular economy practices in small and medium-sized enterprises: Evidence from Europe," International Journal of Production Economics, Elsevier, vol. 248(C).
    14. Patrick Grüning & Justina Banionienė & Lina Dagilienė & Michael Donadelli & Marcus Jüppner & Renatas Kizys & Kai Lessmann, 2021. "The Quadrilemma of a Small Open Circular Economy Through a Prism of the 9R Strategies," Bank of Lithuania Working Paper Series 96, Bank of Lithuania.
    15. Ewa Mazur-Wierzbicka, 2021. "Towards Circular Economy—A Comparative Analysis of the Countries of the European Union," Resources, MDPI, vol. 10(5), pages 1-25, May.
    16. OCOLIȘANU Andreea & DOBROTĂ Gabriela & AGÂRBICEANU Marcela Simona, 2022. "The Implications Of The Circular Economy On Sustainable Economic Growth," Management of Sustainable Development, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 14(1), pages 16-21, June.
    17. Erik G. Hansen & Ferdinand Revellio, 2020. "Circular value creation architectures: Make, ally, buy, or laissez‐faire," Journal of Industrial Ecology, Yale University, vol. 24(6), pages 1250-1273, December.
    18. Sven Kevin van Langen & Renato Passaro, 2021. "The Dutch Green Deals Policy and Its Applicability to Circular Economy Policies," Sustainability, MDPI, vol. 13(21), pages 1-17, October.
    19. Ozili, Peterson K & Opene, Francis, 2022. "The role of banks in the circular economy," MPRA Paper 113466, University Library of Munich, Germany.
    20. Abdulaziz I. Almulhim, 2024. "Toward a Greener Future: Applying Circular Economy Principles to Saudi Arabia’s Food Sector for Environmental Sustainability," Sustainability, MDPI, vol. 16(2), pages 1-22, January.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:vrs:poicbe:v:18:y:2024:i:1:p:829-845:n:1017. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Peter Golla (email available below). General contact details of provider: https://www.sciendo.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.