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A Dynamic Business Model for IT Industries

Zainal Berlian*1, Phong Thanh Nguyen*2, Ekaterina V. Panyukova3, E.

Laxmi Lydia4, K. Shankar5

1Universitas Islam Negeri Raden Fatah Palembang, Indonesia; zainalber- [email protected]

2Department of Project Management, Ho Chi Minh City Open University, Vietnam; [email protected]

3Togliatti State University, Russia.

4Professor, Vignan’s Institute of Information Technology(A), Department of Computer Science and Engineering, Visakhapatnam, Andhra Pradesh,

India; [email protected]

5Department of Computer Applications, Alagappa University, India;

[email protected]

Abstract

The business models is summarized into two distinct approach by the

static and also the transformational. This aim of proposes a 3rd ap-

proach for business, particularly a dynamic approach to business mod-

els and the versatile and adaptive of business models is developed more

supported the commercial network and structure approach. The busi-

ness model is embedded system in business contents and business net-

works model, and relies on changes within the business setting. Because

of these mutual dependent between business network peoples, and with-

in of the recent capabilities and the business models of resources, the

business model might also depend upon production and co-production,

collect and share, and be utilized by the numerous actors embedded

system in worth networks business of IT industries. This differs from

the normal read, during which corporations produce worth severally

of every different. A network model, flexible, and co-produced business

model works a unique tool for business model environments.

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Keywords:

Business model, System Dynamic business model level, Business net- work, IT Industrial product-service system

Un Modelo De Negocio Dinámico Para Las Industrias De Ti.

Resumen

Los modelos de negocio se resumen en dos enfoques distintos por el estáti- co y también el transformador. Este objetivo de propone un tercer enfoque para los negocios, particularmente un enfoque dinámico para los modelos de negocios y la versatilidad y la adaptación de los modelos de negocios se desarrolla más compatible con el enfoque de red comercial y estructura.

El modelo comercial es un sistema integrado en el contenido comercial y en el modelo de redes comerciales, y se basa en cambios dentro de la con- figuración comercial. Debido a esta dependencia mutua entre las personas de la red comercial, y dentro de las capacidades recientes y los modelos comerciales de recursos, el modelo comercial también puede depender de la producción y la coproducción, recopilar y compartir, y ser utilizado por el sistema integrado de numerosos actores Vale la pena el negocio de redes de las industrias de TI Esto difiere de la lectura normal, durante la cual las corporaciones producen valor de varias diferencias. Un modelo comercial de red, flexible y coproducido funciona como una herramienta única para entornos de modelos comerciales.

Palabras clave:

Modelo de negocio, Nivel de modelo de negocio dinámico del sistema, Red de negocios, Sistema de servicio de productos industriales de TI INTRODUCTION:-

Dynamic Business Modeling create and describes the energy to alter busi- ness models among associate open working of information technology.

The freelance analysis has recently known as dynamic Business Modeling critical for business system support to success. Dynamic Business Model is predicated on application and principles wherever in the business style of associate structure is manage several the applying that can change the services as well processes outlined within the business detective logic.

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A system or set of principles underlying the arrangements of elements in a computer or electronic device so as to perform a specified task. IT Business model and integration which own is outlined as a part of the IT business model square measure outlined in a business logic level, permitting under application servers to be business logic and so want no business modifica- tion. Dynamic business Models apply properly ought to cut back each the value and danger within the initial execution and its evolutionary systems.

The Previous of information technology systems were designing to deal with specified dynamic business models and regulative method, works and few price was given to logic structure separation. These systems providing price by automating refers as IT business models commonly named as off the shelf. The result of implicitly business strategy wherever dynamic business modeling for business model states that they ought to be operated by it. By being established they are doing not openly in supported business changes within the business Scape of associate business attached basically business models that technologies enable dynamic business modeling is right to open automation of strategy business models. By remove the re- quirement for personalization of application servers it is suggested as addi- tional value economical, quickly deployed and evolvable. Dynamic Busi- ness Modeling was at the start represented though applied abundant earlier in practice. In regard to the request phase of the market software system.

Service directed Applications also referred to as service build mainly ap- plications coined by innovation business model describe possible method to realize dynamic business modeling.

The business context is a firstly starting a new business of IT industries.

Dynamic business modeling is outlined because the automation of Enter-

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prise. Business models supported the principle that the models underlying business processes and business services have to be compelled to be dy- namically and overtly determinable and definable.

Dynamic Business Modeling is outlined because the enabler of advantage achieved by center differentiation in any side of business from selling to finance to operations. This differentiation is achieved through however business is conducted: overtly and dynamically process the business mod- el. Capital investment of the human, physical and intellectual should be aimed toward permitted the definition of the business model to be dynamic business modeling for IT section/industries.

Dynamic Business Modeling recognizes that companies dynamically in- volve, re-inventing their business models to attain strategic advantage. Dy- namic business models points that the role of enterprise software system for billing, price and quality is to dynamically automatize and advance the business processes and services that behind these Business models. Dy- namic business set up review of a business within the approach of the level of business set up preparation to determine a world government search firm Market study associate degreed business set up for an education com- pany and IT company within the region and India. Preparation of business arrange for a reality based mostly coaching center in business model Strat- egy and business arrange for a structured no depository financial institution in Kuwait. Preparation of Business arrange for the assorted subsidiaries of a diversifies IT company having exposure to construction & building materials, assets, industrial, mercantilism and investments Business set up for establishing associate degree investment trust in business growth for a number one investment bank primarily based in structure of the dynamic business model. Business set up preparation for Kuwait based mostly cor- porations in attention assets and care of bank finance.

Related work:

The aim of paper understand of the business model thought results in a comparatively structured and unstructured discussion within the business model of information technology industries and economic. The initial de- mand for the explanation of business models for industrial product system ought to be a defined of what is meant by a business model. Associate degree industrial product system could be a resolution for a client and is ready made to her/his personally scenario. Thus, in the majority of cases, associate degree industrial product system is distinctive.

A business model various working to the dynamics business model of as- sociate degree industrial product system, Amendment of the customers de-

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mand and therefore, the understanding the product service combination.

Business models for industrial product system area unit distinguished by the actual fact that they characterize the particular relationship between a supplier and a client, whereas different value added partners and company will conjointly be concerned to suppliers for the availability of associate degree industrial product system.

Thus, we tend to outline a business model for industrial product system as follows: The dynamic business model of the relationship between a suppli- er associate degreed a client in addition as third value added customer over the whole life cycle work of industrial product system. It describes the price, the risk divided, revenues streams, and the possession for all parties in the internet processing system network as well as its structure modifi- cation. The business model is not adore the strategy of an organization.

The dynamic business model for IT industries describes semi-permanent objectives of associate degree enterprise and also the ensuing behaviors to attain these objectives.

Visualization of digital business model:-

Dynamic business model for IT industries visualization of digital busi- ness model is approach the growth of business by using the digital busi- ness model. Firstly many firms have completed that conversion offers new business opportunities which information has become a strategic resource.

However, step with a survey of quite half all firms complain that the pres- ent structure of the corporate does not work the wants of conversion which additional data and communication systems IC systems square measure missing so as the opportunities.

In concerning forty of all cases poor information quality, lack of leadership by management and lack of experience square measure transformation barriers. Finally ICT skills is the implementation of digital transformation measures. Together has been developed a way for the Digital Business Engineering. With this procedure models we have to support firms within the digital transformation. We to tend to there by address project, and line managers in promoting, sales, business development, offer chain manage- ment and IT and try other relevant tools. Digital Business model may be a model work and business method based on the transformation success for the digital working. Firms get our methodology as a result of it provides working and structure in a very comparatively unknown field of action and since sensible in application enters into more development of ways with digital technology.

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With our Digital Business model we have a tendency to support you the least bit levels: strategically within the realignment in terms of conversion, within the adaptation of your processes and after all within the technical implementation at system level.

There are many ways of dynamic business model visualization of digital business model are as follow:

1. Strategic perspective 2. Process perspective 3. System perspective 1. Strategic perspective:-

The business model is based on the End to End customer process design the perfect digital business model to work properly and business Economic system design with digital system. We have tendency to help within the analysis and client method from event of wrong product or ser- vice would like up to processing. The strategic planning view is most im- portant for the digital business model.

End to End client method and business design:-

With techniques like Customer process and also the Multi-Channel process analysis we have a tendency to assist within the working, analysis, mod- eling and outline of the client method from the event of a precise product or service would like up to post processing of business economic system.

Business Ecosystem:-

Digital system most of the process, the end-to-end client method cannot be supported by one IT company however by many firms forming associ-

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ate system. Our techniques of network analysis change the identified and analysis of the working within the system and their interaction between the business models.

2. Process perspective:-

Process perspective is working based on the digital product and service design, digital capabilities design and data mapping. The process of digital business model for IT industries is supported and help the all over com- panies.

Data Architecture and Data Value Chain

The IT industries is based on the all over company and business model.

Digital merchandise and Services many service offer within the digital physical merchandise or classical method services around digital method services. Others successively base on digital technology platforms.

Data design

Data price flow and Digital business models sequentially measure sup- ported information that not like within the measure from totally different internal and external sources, sequentially measure the totally different in nature, and occur in frequencies and sequentially measure of variable qual- ity of business and company.

3. System perspective

On their basis totally different software package services square measure developed that successively change associate personal provide.

Digital Skills and digital Capabilities:-

Digital capabilities function of a reference model is a design to shut the abilities gaps in each technical and data technology view. Techniques of the information management design can facilitate within the creation of information maps for digital use cases. Additionally, firms have to be com- pelled to determine the information of price, analyze and model in terms of end to end client method.

Digital technology Architecture design:-

Digital Technology design in the digital business model, we have a tenden- cy to mixed existing business application systems with new technologies in memory databases, massive information software package, and mobile applications and software on the idea of our digital system architectures.

Dynamic business model levels:-

This levels is most important for the growth of business model, all over company and also IT Company. IT Industries mostly use the process of business model and strategy of business. IT Industries depend on the digital techniques and technology it is used many industry for business

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process and all over activity.

A business model may be a structured blue print that makes an attempt to being order and control to the levels and method of working model, the growth and operation of business. Some owner is outline the business model thought generally, one that feel lessen its usability of product. My read of the dynamic business model level thought focuses on the manner the model creates worth and particular cost, revenues and profits that is outlined by three core elements: a value formation model, a profit model, and therefore the logic of the business. The business model is last stage of task level. Task level is complete the all over work of IT business model.

This business model is created by business set and data architects. The pur- pose is define the concept of business and rules. There are many dynamic business model process levels used for the IT industries are as follow:

1. Conceptual level(L1) 2. Logical level(L2) 3. Physical level(L4) 1. Conceptual level:

The conceptual level is the first level of the dynamic business model for IT industry. It is recovery the all over business process to a growth of the company. Business model is defined as a structure of utilized, a method, a frame, statement and explanation to a set at the level of business. The conceptual level of business model not work without studied and without

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any of the concept. The internet use the information and communication technology in business organization. The most important for the business model management and many technology at the process of conceptual lev- el. The business model is create, structure of product, service and informa- tion process include a creation, explanation and description of the business and their role.

2. Logical level

Business process the structure of the data and set the relationships between customer and product. How the system should be implement of the data- base management system. Business process and management is main unit of the business model and it is improve the profit and growth of business.

Logical level is work in business process and management. Business pro- cess set the all over logic and concept of business clearly uses in dynamic business model level.

A business model is design the overall network with the help of logic.

Business model design and it is innovative ideas and logic for the dynamic business model and it is important to the business process. Logical level created by the data architects and business analysts. The purpose of the system to implement the map, data structure and rules.

3. Physical level

Try O The data model describe the system design this knowledge Model describes however the system are enforced employing a specific database management system process. This model is usually created by database Administrator and developers. The aim is actual implementation of the information. Physical level purpose is the implementation of database. It helps to model information columns keys, constraints, indexes, and alter- native Relational Database Management System options.

A physical data model is work describe the database implementation of the business model and data model. The help and information Model describes

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base specific implementation of the data model. It offers associate degree abstraction of the information and helps generate schema. This is often attributable to the richness of meta-data offered by a Physical information Model. This type of information model helps additionally to ascertain in- formation structure.

Dynamic Business model Relationship:-

Business relationship are the connections between all entities interact with engage in commerce. That has been relationships between stakeholders in any business network, like as those between employers and staff, employ- ers and business partners, every one of the companies and businesses a business associates with relationship. The company business relations may be include a list of people, customer, bank, the media and service provider.

Business relations can also include the state and governmental agencies.

The business relations are all the separately with which a business is con- nected to have connection internal and external.The business relationship firm A and firm B connection between business relationships with the dy- namic business model. Focal start-up business relationship is connected to the firm A connection between business relationship form B with relation of product. The most important of the business relationship attached to the all over model network of the business.

Business depend upon the event and maintenance of significant relations with workers, business partners, customer and suppliers. Any people that

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is concerned within the business method. The advisedly and maintain con- nection could also be a lot of corporations than people who ignore these connection. The study business relation will provide client, client retention and collaboration between within provide attached to the business. IT in- dustries business model is most important for the all over business network and business process. The good business relation added the trust, loyalty and communication.

The long term success is dependent on trust and customer satisfaction, innovation. The clearness helps business as well as companies form strong and relationship with customer and people who provide the loyalty of high quality services. Dynamic business model relationship is most commonly used IT sector and ensure strong business relations maintained. The strong business relation through face to face contact. Strong business relations and helps building trust in the dynamic business model for IT industries.

IT industry many technology and techniques develop to improve the busi- ness relations and improve the business.

Conclusion:-

Dynamic Business Modeling needs IT design and a project applications that alter the business model not directly a business model. Facility of modeling define and automation of recent and develop business services and processes should be accessible at the business inspection level. Basi- cally the models its services and processes are outlined hold on open busi- ness analysis orienting knowledge open combination dynamic business model should work with processes and services both machine driven and human that are not dynamic. These mounted constraints are not external to the new business model however are a part of business. IT design and project applications should be able to incorporate, imbed and ride these ex- isting processes and services. Robustness and correctness regardless of the dynamic of the business model. Dynamic business model for IT industries visualization of digital business model is approach the growth of business by using the digital business model. Firstly many firms have completed that conversion offers new business opportunities which information has become a strategic resource.

The machine and human establish business process and services should have all the lustiness of long standing static process and services. Dynamic IT automation should have a full capability, differently ability and quality compliance. Never ending strength of economy automation is not finished.

Processes and services modification and are side perpetually. Information Technology design and project applications should be designed to stop

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locking down wherever the service and method automation on Day One is therefore tightly coupled that solely less evolution is economic. The busi- ness principles of open and coupling should be applied within business applications. Dynamic business model for IT industries mostly used the software and hardware technology.

However, step with a survey of quite half all firms complain that the pres- ent structure of the corporate does not work the wants of conversion which additional data and communication systems IC systems square measure missing so as the opportunities.

Acknowledgement

The authors acknowledge Ho Chi Minh City Open University, Vietnam, for helping this research.

References:

1. Berglund, Henrik; Sandstorm (2011). “Structural challenges and managerial solutions”. International Journal of Product Development.

2. Demi, B. In Search of Dynamic Consistency. Long Range Plan- ning 47, (2015)

3. Al-Debbie, M.M., Alison: Developing a unified framework of the BM concept. European Journal of Information Systems.

4. https://www.investopedia.com/terms/b/business-relations.asp 5. Tucci, Design of Origins, present, and future of the concept. Com- munications of the Association for Information Systems (2007)

6. Purdy, M., Robinson, M. C, “Three new business models for “the open firm”, vol 12, 2012.

7. P. S., “Study of Product Services System for small enterprises”, vol. 6, 2010.

8. Barmuta, K., Ponkratov, V., Maramygin, M., Kuznetsov, N., Iv- lev, V., & Ivleva, M. (2019). Mathematical model of optimizing the bal- ance sheet structure of the russian banking system with allowance for the foreign exchange risk levels. Entrepreneurship and Sustainability Issues, 7(1), 484-497. doi:10.9770/jesi.2019.7.1(34)

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application. Management Science Letters, 8(7), 785-794. doi:10.5267/j.

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Año 35, N° 20, (2019)

Esta revista fue editada en formato digital por el personal de la Oficina de Publicaciones Científicas de la Facultad Experimental de Ciencias, Universidad del Zulia.

Maracaibo - Venezuela

www.luz.edu.ve www.serbi.luz.edu.ve produccioncientifica.luz.edu.ve

UNIVERSIDAD

DEL ZULIA

Revista de Ciencias Humanas y Sociales

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