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FAVO: Framework of autonomous virtual organizations based on industry 4.0

Abstract:

In the information age, the digitalization is transforming traditional organizations, allowing them to improve their productivity, be more competitive and flexible. In addition, it gives them the opportunity to form strategic alliances, also called Virtual Organization (VO). Organizations have to face these challenges smartly, in order to collaborate effectively and achieve their goals. The existing literature shows that the different aspects of collaboration between VOs have been widely discussed and addressed, but no framework has been found that, based on the benefits of Industry 4.0, can be applied to the creation and management of VOs in a way autonomous. From this gap found in the literature, it is proposed to design a framework that guarantees the effectiveness of inter-organizational autonomous management, through the use of autonomous cycles of data analytics tasks and collaborative processes.