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Reliable Innovative Business Model for Online Trading of Machines’ Parameters in the Automation and Manufacturing Sector

Shaabany, Ghaidaa and Anderl, Reiner (2018):
Reliable Innovative Business Model for Online Trading of Machines’ Parameters in the Automation and Manufacturing Sector.
In: Proceedings of the 2017 Future Technologies Conference (FTC), The Science and Information (SAI) Organization, pp. 655-662, [Book Section]

Abstract

By new manufacturing processes, materials and/or environmental conditions new machine’s parameters are needed. In general, finding the right machines’ parameters of the machine is achieved by a long work effort and high costs. It is important to find the right machines’ parameters of a machine to execute every manufacturing process accurately. Know-how of companies is characterized by developing the appropriate machines’ parameters. A third party can develop a new business model based on a managed exchange of this know-how between companies. Thereby, an online marketplace is provided for trading machines’ parameters. As a result, the revenues of these companies are increased because a new added-value is generated based on existing resources, namely, the previously developed and used machines’ parameters. At the same time, the high costs of finding the right machines’ parameters could be saved by purchasing them on the marketplace. These innovative ideas can be realized only by ensuring the security of the traded machines’ parameters. In this paper, a reliable, innovative business model for online trading of machines’ parameters in the automation and manufacturing sector is presented. It is based on the concept of B2B e-business. Thereby, it is essential to determine a usage control policy of traded machines’ parameters even after purchasing. Thus, operating of these purchased machines’ parameters on the machine are regulated by using different licensing models. Licenses are generated according to order’s conditions for a specific machine after finishing purchasing processes on the marketplace. Before executing purchased machines’ parameters on the machine, a verification process of the machine’s ID and parameters’ validity is required. The protection requirements over the whole trading process, as well as many security measurements for transmitting the machines’ parameters to customers are demonstrated in this paper.

Item Type: Book Section
Erschienen: 2018
Creators: Shaabany, Ghaidaa and Anderl, Reiner
Title: Reliable Innovative Business Model for Online Trading of Machines’ Parameters in the Automation and Manufacturing Sector
Language: English
Abstract:

By new manufacturing processes, materials and/or environmental conditions new machine’s parameters are needed. In general, finding the right machines’ parameters of the machine is achieved by a long work effort and high costs. It is important to find the right machines’ parameters of a machine to execute every manufacturing process accurately. Know-how of companies is characterized by developing the appropriate machines’ parameters. A third party can develop a new business model based on a managed exchange of this know-how between companies. Thereby, an online marketplace is provided for trading machines’ parameters. As a result, the revenues of these companies are increased because a new added-value is generated based on existing resources, namely, the previously developed and used machines’ parameters. At the same time, the high costs of finding the right machines’ parameters could be saved by purchasing them on the marketplace. These innovative ideas can be realized only by ensuring the security of the traded machines’ parameters. In this paper, a reliable, innovative business model for online trading of machines’ parameters in the automation and manufacturing sector is presented. It is based on the concept of B2B e-business. Thereby, it is essential to determine a usage control policy of traded machines’ parameters even after purchasing. Thus, operating of these purchased machines’ parameters on the machine are regulated by using different licensing models. Licenses are generated according to order’s conditions for a specific machine after finishing purchasing processes on the marketplace. Before executing purchased machines’ parameters on the machine, a verification process of the machine’s ID and parameters’ validity is required. The protection requirements over the whole trading process, as well as many security measurements for transmitting the machines’ parameters to customers are demonstrated in this paper.

Title of Book: Proceedings of the 2017 Future Technologies Conference (FTC)
Publisher: The Science and Information (SAI) Organization
Uncontrolled Keywords: Manufacturing processes; machines’ parameters; new added-value; B2B business; usage control policy; licensing models; security; protection measurements; online marketplace; business model; electronic goods
Divisions: 16 Department of Mechanical Engineering
16 Department of Mechanical Engineering > Department of Computer Integrated Design (DiK)
Event Title: Future Technologies Conference (FTC)
Event Location: Vancouver, Canada
Event Dates: 29-30 November 2017
Date Deposited: 24 Oct 2018 05:55
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