West Science Social and Humanities Studies
Vol. 2 No. 06 (2024): West Science Social and Humanities Studies

The Effect of IoT Technology, Real-Time Analytics, and Digital Asset Management on Energy Efficiency and Productivity in Indonesia's Manufacturing Industry

Dwi Setiawan (Department of Game Technology, STMM MMTC Yogyakarta)
Budi Sulistiyo Nugroho (Politeknik Energi dan Mineral Akamigas)
Arif Nurrahman (Politeknik Energi dan Mineral Akamigas)
Farid Alfalaki Hamid (Politeknik Energi dan Mineral Akamigas)
Kurniawan Saputra (Politeknik Energi dan Mineral Akamigas)



Article Info

Publish Date
29 Jun 2024

Abstract

This research investigates the impact of IoT (Internet of Things) technology, real-time analytics, and digital asset management on energy efficiency and productivity in the Indonesian manufacturing industry. A quantitative approach, employing structural equation modeling (SEM) with Partial Least Squares (PLS) 3 software, is utilized to analyze survey data collected from manufacturing firms across different sectors and sizes in Indonesia. The results reveal significant positive relationships between digital technologies (IoT, real-time analytics, digital asset management) and energy efficiency/productivity. Specifically, Digital Asset Management, IoT Technology, and Real-Time Analytics are found to have statistically significant effects on enhancing energy efficiency and productivity levels in Indonesian manufacturing operations. These findings underscore the transformative potential of digital technologies in driving operational performance and sustainability in the manufacturing sector. Policymakers, industry stakeholders, and practitioners can leverage these insights to inform strategic decision-making and investments in digital infrastructure, workforce development, and regulatory frameworks to foster innovation and competitiveness in the Indonesian manufacturing landscape.

Copyrights © 2024






Journal Info

Abbrev

wsshs

Publisher

Subject

Humanities Economics, Econometrics & Finance Law, Crime, Criminology & Criminal Justice Public Health Social Sciences

Description

West Science Social and Humanities Studies is an academic journal that focuses on interdisciplinary research in the fields of social science, science, and humanities studies. The journal aims to present high-quality articles that make significant contributions to our understanding of society, ...