Engineering agility in technology IoT projects

被引:0
|
作者
Madhukar Rajaram Patil
M. Suresh
机构
[1] Amrita Vishwa Vidyapeetham,Amrita School of Business
关键词
Agility; Engineering agility; IoT projects; Agile product design strategy; Make versus buy strategy; Total interpretive structural modelling;
D O I
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中图分类号
学科分类号
摘要
The “Internet of Things (IoT)” technology product markets are highly dynamic. To be competitive in the market, IoT project execution requires a fast time to market. Agility is critical in reducing technological IoT products’ design and development cycle time and meeting dynamic customer demands. One of the key factors to overall organizational agility is engineering agility. So far, none has been done to implement the concept of agility in engineering processes of technology IoT projects. The study identified ten engineering agility factors after conducting a thorough literature analysis and consulting with experts. The study employed the “Total Interpretive Structural Modelling (TISM) approach to develop a hierarchical structural model and analyze the indicated factors’ interaction. Further, “MICMAC (Matriced Impact Croises Multiplication Applique) analysis” was used to establish each factor’s driving and dependent power. The study identified that innovation strategy, agile product design strategy, agile architecture, and design methodology are the key factors for engineering agility. Agile and automated design methodologies designed to suit each product’s requirements reduce human errors and increase execution speed. This study will help organizations in the IoT technology product sector and researchers in the agility and IoT fields determine the most essential and least significant factors of engineering agility and their relationships, resulting in a greater understanding of engineering agility for improved organizational performance. An innovative and unique contribution to the literature on engineering agility is using the TISM technique to identify the key factors that can enhance engineering agility in Technology IoT Organizations.
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页码:2312 / 2328
页数:16
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