scholarly journals THE IMPACT OF TECHNOLOGIES OF THE INDUSTRY 4.0 ON INCREASE OF PRODUCTIVITY AND TRANSFORMATION OF INNOVATIVE BEHAVIOR OF THE INDUSTRIAL COMPANIES

2020 ◽  
Vol 11 (2) ◽  
pp. 132-149
Author(s):  
A. V. Trachuk ◽  
N. V. Linder
Keyword(s):  
Industry 4.0 ◽  
Industrial Revolution ◽  
New Technologies ◽  
Critical Mass ◽  
Innovative Activity ◽  
High Tech ◽  
Innovative Behavior ◽  
Fourth Industrial Revolution ◽  
Industrial Companies ◽  
The Impact

Paper is devoted to interrelation research between investments in technology of the fourth industrial revolution, patterns of innovative behavior and productivity of the Russian industrial companies. Research is conducted on the basis of data of 576 industrial companies (874 respondents).At the first investigation phase it is confirmed that technologies of the industry have the greatest impact on increase of productivity and transformation of industrial production 4.0: robotics, Internet of things, additive production, big data and analytics, cybersecurity. Besides, effects of introduction of technologies of the fourth industrial revolution are defined: financial, valuable, operational, innovative and technological development.At the second investigation phase the interrelation analysis between investments is carried out to technologies of the industry 4.0, patterns of innovative behavior and productivity of the industrial companies with use of the modified CDM model. The received empirical results have shown that investments of the industrial companies in technology of the fourth industrial revolution increase productivity with elasticity 0,28 for high-tech industries; 0,21 – for the middle-technology, and 0,14 – for low-technology.Investments in innovative activity have elasticity range from 0,04 (for low volumes of investments in new technologies) to 0,17 (at the high volumes of investments); the relations between investments in an innovation and growth of productivity aren't linear and have stable positive relation only after a certain critical mass of investments in new technologies is reached. Considerable influence on interrelation of investments in innovations and productivity is rendered by the characteristic of branch in which the company works: the firms working in high-tech industries, not only put in new technologies, innovative activity more, but also have more high efficiency caused by scientific researches and development; the companies of low-technology branches have negative elasticity of investments in innovations and productivity that is connected with influence of effect of unprofitability of investments into innovations (appropriability effect), that is the additional profit on investment isn't essential.

scholarly journals The Characteristics of the Fourth Industrial Revolution: Buzzword, Hype or a Radical Change?

E-conom ◽  
2020 ◽  
Vol 9 (1) ◽  
pp. 91-104
Author(s):  
László Koloszár ◽  
Nikoletta Németh
Keyword(s):  
Industry 4.0 ◽  
Industrial Revolution ◽  
German Economy ◽  
Radical Change ◽  
System Level ◽  
High Tech ◽  
Fourth Industrial Revolution ◽  
World Economic ◽  
The Impact ◽  
Industrial Revolutions

The usage of the terms the ’Fourth Industrial Revolution’ and its predominantly used synonym ‘Industry 4.0’ has curved upwards at a higher rate than the number of underlying interconnected production units. The concept of Industry 4.0 originates from a project on the high-tech strategy of the German government in 2011. This project promoted the computerization of manufacturing and it was a logical suggestion for the long-term competitiveness of the German economy. The fundamentals of an export-oriented economy need system-level development not to be disadvantaged in the global competition. Building all this on the most modern technologies can be defined as a traditional step. The umbrella term ’Industry 4.0’ has outgrown this step and in 2016 it became an independent agenda item of the World Economic Forum. In this study, with the help of a literature review, we examine which factors of this so-called fourth industrial revolution are similar and which factors are different compared to the previous industrial revolutions. Can the characteristics of industrial revolutions be identified? Is the impact complex and does it influence not only the technology but also the society, the politics, etc.? Whether the use of the term is substantiated or is it only an advanced, fashionable buzzer hanging all today’s forward-looking innovations on the same peg?

scholarly journals An Assay On The Impact of Industry 4.0 in The Operations Area

2019 ◽  
Vol 4 (2) ◽  
pp. 43
Author(s):  
Roberto Ramos de Morais ◽  
Rogério Monteiro
Keyword(s):  
Supply Chain ◽  
Industry 4.0 ◽  
Production Management ◽  
Industrial Revolution ◽  
New Technologies ◽  
Future Research ◽  
Technological Innovations ◽  
Fourth Industrial Revolution ◽  
The Impact ◽  
Means Of Production

Recent technological innovations in the means of production, product development and distribution materials are promoting big changes in the productive sector. This set of innovations is called Industry 4.0. The purpose of this article is to study the main aspects of Industry 4.0 and analyze their impact on the means of production of manufactured goods and the supply chain. Therefore, it uses bibliographic references relating to the fourth industrial revolution (SCHWAB, 2009), Industry 4.0 (KOCH, 2014) and production management (Slack, 2009). Considerations achieved in this study will form the basis for future research on the developments of new technologies in society.

scholarly journals 4.0 Industry: understanding the impact of technological changes of the fourth industrial revolution on competitiveness in sandal factories of Cariri Region

2019 ◽  
Vol 10 (1) ◽  
pp. 31-42
Author(s):  
Alana Vitória Rodrigues Barreto ◽  
Antônio Wilson dos Santos ◽  
Antoniel Dos Santos Gomes Filho
Keyword(s):  
Competitive Advantage ◽  
Industry 4.0 ◽  
Industrial Revolution ◽  
New Technologies ◽  
Field Research ◽  
Fourth Industrial Revolution ◽  
Footwear Industry ◽  
Technological Advances ◽  
Descriptive Approach ◽  
The Impact

New technologies are increasingly appearing to assist people in all areas. In the footwear industry it would not be different, where the industry 4.0 or fourth industrial revolution characterizes the current moment. This research examined how the managers of some sandal factories in the Cariri Region are realizing the changes and technological advances of industry 4.0 as a source of competitive advantage. A field research of a basic nature, with a qualitative and descriptive approach, where interviews were applied with the managers of sandal factories in the Region of Cariri, chosen for convenience and judgment of the researcher. The study is relevant due to the existence of great changes that have been taking place within the companies along with new technologies that are emerging, but it is not known how managers receive these changes and use them to benefit the company and in the search for a differential for competitive advantage in the market. At the end of the research it was possible to conclude that from the reality of each manager and company the way they receive and use the technologies of the fourth industrial revolution changes, and the lack of knowledge, structure, and money in the smaller companies makes the potential use competitive advantage is not so much taken advantage of.

scholarly journals OPTIMIZATION BUSINESS PROCESSES FOR TRANSITION TO A SUSTAINABLE DEVELOPMENT IN THE CONDITIONS OF THE FOURTH INDUSTRIAL REVOLUTION

2018 ◽  
pp. 10-19 ◽  
Author(s):  
A. L. Lisovsky
Keyword(s):  
Sustainable Development ◽  
Industry 4.0 ◽  
Business Processes ◽  
Industrial Revolution ◽  
New Technologies ◽  
Process Innovations ◽  
Foreign Companies ◽  
Fourth Industrial Revolution ◽  
Industrial Companies

The influence of technologies of the Industry 4.0 on optimization business processes of the industrial companies for achievement of a sustainable development is analyzed. Effects of the changes caused by technologies of the Industry of 4.0 in the Russian and foreign companies are considered. It is shown that achievement of a sustainable development is impossible without the process innovations caused by introduction of new technologies. The algorithm of carrying out audit and an assessment of the new technologies “business processes” most ready to introduction is offered for their introduction..

scholarly journals Dwelling within the fourth industrial revolution: organizational learning for new competences, processes and work cultures

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Silvia Ivaldi ◽  
Giuseppe Scaratti ◽  
Ezio Fregnan
Keyword(s):  
Organizational Learning ◽  
Organizational Context ◽  
Industrial Revolution ◽  
New Technologies ◽  
High Tech ◽  
New Work ◽  
Content Type ◽  
Fourth Industrial Revolution ◽  
The Impact

Purpose This paper aims to address the relevance and impact of the fourth industrial revolution through a theoretical and practical perspective. The authors present both the results of a literature review, highlighting the new competences required in innovative workplaces and a pivotal case, which explores challenges and skill models diffused in industry 4.0, describing the role of proper organizational learning processes in shaping new work cultures. Design/methodology/approach The paper aims to enhance the discussion around the 4.0 industrial revolution addressing both a theoretical framework, valorizing the existing scientific contributes and the situated knowledge, embedded in a concrete organizational context in which the fourth industrial revolution is experienced and practiced. Findings The findings acquired through the case study endorse what the scientific literature highlights about the impact, the new competences and the organizational learning paths. The conclusions address the agile approach to work as the more suitable way to place humans at the center of technological progress. Research limitations/implications The paper explores a specific organizational context, related to a high-tech multinational company, whose results illustrate the empirical evidence sustaining transformations in the working, professional and organizational cultures necessary to face the challenges of the fourth industrial revolution. The research was conducted with the managers of an international company and this a specific and limited target, even though relevant and interesting. Practical implications The paper connects the case with the general scenario, this study currently faces, to suggest hints and coordinates for crossing the unfolding situation and finding suitable matching between technological evolution and the development of new work and professional cultures and competences. Social implications Due to the acceleration that the COVID-19 has impressed to the use of digital technologies and remote connexion, the paper highlights some ambivalences that the quick evolution of the new technologies entails in relation to work and social conditions. Originality/value The opportunity to match both a literature analysis and an in-depth situated case study enhances the possibility to achieve a more articulated and complex view of the viral changes generated in the current context by the digitalization process.

Emerging Industrial Revolution: Symbiosis of Industry 4.0 and Circular Economy: The Role of Universities

2020 ◽  
Vol 25 (3) ◽  
pp. 505-525 ◽  
Author(s):  
Seeram Ramakrishna ◽  
Alfred Ngowi ◽  
Henk De Jager ◽  
Bankole O. Awuzie
Keyword(s):  
Economic Growth ◽  
Circular Economy ◽  
Industry 4.0 ◽  
Business Models ◽  
Industrial Revolution ◽  
New Technologies ◽  
Production Systems ◽  
Fourth Industrial Revolution ◽  
New Jobs

Growing consumerism and population worldwide raises concerns about society’s sustainability aspirations. This has led to calls for concerted efforts to shift from the linear economy to a circular economy (CE), which are gaining momentum globally. CE approaches lead to a zero-waste scenario of economic growth and sustainable development. These approaches are based on semi-scientific and empirical concepts with technologies enabling 3Rs (reduce, reuse, recycle) and 6Rs (reuse, recycle, redesign, remanufacture, reduce, recover). Studies estimate that the transition to a CE would save the world in excess of a trillion dollars annually while creating new jobs, business opportunities and economic growth. The emerging industrial revolution will enhance the symbiotic pursuit of new technologies and CE to transform extant production systems and business models for sustainability. This article examines the trends, availability and readiness of fourth industrial revolution (4IR or industry 4.0) technologies (for example, Internet of Things [IoT], artificial intelligence [AI] and nanotechnology) to support and promote CE transitions within the higher education institutional context. Furthermore, it elucidates the role of universities as living laboratories for experimenting the utility of industry 4.0 technologies in driving the shift towards CE futures. The article concludes that universities should play a pivotal role in engendering CE transitions.

scholarly journals Internal factors supporting business and technological transformation in the context of Industry 4.0

2019 ◽  
Vol 20 ◽  
pp. 137-145 ◽  
Author(s):  
Lucia Kohnová ◽  
Ján Papula ◽  
Nikola Salajová
Keyword(s):  
Industry 4.0 ◽  
Industrial Revolution ◽  
New Technologies ◽  
Employee Education ◽  
Technological Transformation ◽  
Internal Factors ◽  
Fourth Industrial Revolution ◽  
Culture Strategy ◽  
Technology Transformation ◽  
And Training

Radical changes resulting from the Fourth Industrial Revolution strongly affect industrialized European countries. In particular, due to the new technologies that are characteristic of Industry 4.0, it will be essential for companies to make the necessary changes and achieve competitiveness through the implementation of these technologies. In order for companies to be able to make radical changes and innovations, they need to secure all the supporting areas in their organization. This research paper is focused on comparison of companies from Slovakia, Czech Republic, Austria, Germany and Switzerland in the context of readiness for Industry 4.0. This research was part of a research project, while data were collected in the period of 2015–2016. We have analysed companies from selected countries based on 7 areas which are closely interconnected with the business transformation and technology transformation coming from Industry 4.0. The main analysed questions focused on areas such as employee education and training, organizational culture, strategy, or organizational processes, that will be most affected by radical changes in the environment. Research has highlighted the differences between countries as a result of long-standing cultural differences, but at the same time identified the unified influence of the ongoing global debate on the need for technological innovation. With Slovak and Czech companies being below stronger innovators in the maturity of education systems, we strongly advise considering partnering in education which can bring valuable information to businesses that want to take on the wave of innovation.

The Impact of Cryptocurrencies on the General Powers and Duties of South African Insolvency Practitioners

2021 ◽  
Vol 33 (2) ◽  
pp. 289-318
Author(s):  
Sidasha Singh ◽  
Juanitta Calitz
Keyword(s):  
South African ◽  
Industry 4.0 ◽  
Industrial Revolution ◽  
Insolvency Law ◽  
International Courts ◽  
Fourth Industrial Revolution ◽  
Legal Position ◽  
The Subject ◽  
Regulatory Model ◽  
The Impact

Within the context of the fourth industrial revolution, cryptocurrencies pose several challenges in the framework of corporate insolvency law. In South African law, no statutory framework vis-à-vis cryptocurrencies, such as Bitcoin, currently exists. This has however not prevented entities from engaging in the cryptocurrency market. The specific dilemma is that insolvency practitioners do not have legislative guidelines to assist them in dealing with the subject of cryptocurrencies. Consequently, international judicial developments must be consulted and analysed with the aim to close the gap between the legislature and Industry 4.0. This article unpacks the South African legal position on cryptocurrencies within the context of the statutory powers and duties of insolvency practitioners. It engages in an analysis of selected international courts cases that have dealt with the concept of cryptocurrencies within the context of insolvent estates and continues to make recommendations for the development of an efficient and effective regulatory model.

Digital Transformation and Industry 4.0

2021 ◽  
pp. 1-17
Author(s):  
Hanaa Abdulraheem Yamani ◽  
Waleed Tageldin Elsigini
Keyword(s):  
Customer Service ◽  
Industry 4.0 ◽  
Industrial Revolution ◽  
Digital Transformation ◽  
Fourth Industrial Revolution ◽  
Industrial Companies ◽  
The Future ◽  
Information And Communication ◽  
Definition Of

The current era is witnessing many changes on various levels. The information and communication revolutions are considered one of the important changes which has cast a shadow over how different institutions in society work via the phenomenon of digitization. As some of the most important institutions of society, industrial companies have been responding to this phenomenon of digital transformation to improve products and customer service while achieving a significant profitable return. This response by these institutions to the digital transformation has resulted in the emergence of the so-called fourth industrial revolution. In this context, this chapter reviews the definition of digital transformation as well as its dimensions, benefits, and obstacles. It also comments on the future of digital transformation and its relationship with industry. Ultimately it presents the fourth industrial revolution in terms of its definition, history, criteria, benefits, and the challenges it faces moving into the future.

Industrial Maintenance Entering the Industry 4.0 Era

2021 ◽  
pp. 229-250
Author(s):  
Pedro Fernandes Anunciação ◽  
Vitor Manuel Lemos Dinis ◽  
Francisco Madeira Esteves
Keyword(s):  
Asset Management ◽  
Industry 4.0 ◽  
Information Technologies ◽  
Industrial Revolution ◽  
Response Times ◽  
Production Lines ◽  
Fourth Industrial Revolution ◽  
Industrial Companies ◽  
Management Condition ◽  
Industrial Maintenance

Industry 4.0 marks the beginning of the so-called fourth industrial revolution. The new emerging information technologies, such as internet of things, cloud computing, machine learning, artificial intelligence, among others, have challenged the management and organization of industrial companies. They have now shorter market response times, higher quality requirements, and customization needs, which challenges many industrial areas from production to maintenance, from design to asset management. The maintenance and asset management condition and the reliability of production lines are closely linked and constitute key areas of good industrial operation. This work seeks to present a roadmap proposal for the management of industrial assets from maintenance management. In addition, it seeks to identify the key elements for a roadmap design and proposes a set of management questions to assess maintenance maturity.

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