The future of healthcare in Singapore. How an integrated use of Industry 4.0 Technologies will radically redefine the industry, firms' business models, and the doctor-patient relationships.

2021 ◽  
Author(s):  
Jezon Ow
Keyword(s):  
Industry 4.0 ◽  
Business Models ◽  
The Future ◽  
Patient Relationships

Das digitale Gedächtnis in der Wertschöpfungskette*/Digital component memory within Industry 4.0

2015 ◽  
Vol 105 (09) ◽  
pp. 662-666
Author(s):  
E. Bollhöfer ◽  
D. Buschak ◽  
C. Moll
Keyword(s):  
Industry 4.0 ◽  
Business Models ◽  
Industrie 4.0 ◽  
Current Development ◽  
The Future ◽  
New Business ◽  
To Come ◽  
New Business Models

Die (Technologie-) Entwicklung im Zukunftsprojekt Industrie 4.0 wird an keinem Unternehmen vorbeigehen. Insbesondere Hersteller von bislang rein mechanischen Komponenten und Bauteilen üben sich jedoch derzeit noch oft in Zurückhaltung. Worin liegt der Nutzen von Industrie 4.0? Wie können Fertigungsbetriebe davon profitieren? Werden sie durch die aktuellen Entwicklungen gezwungen, mit „auf den Zug aufzuspringen“ oder ist es ihnen sogar möglich, sich über neue Geschäftsmodelle vom Wettbewerb abzusetzen?   The development of the technology within the future-oriented project Industry 4.0 will affect every company, a fact well known today. The situation is precarious especially for producers of solely mechanic components and parts – posing the question of their benefit? How can they profit from this development? Are they obliged by current development to jump on the bandwagon or instead does it offer the chance to come up with new business models and differentiate against competitors?

Are Spanish public employees happier in their job performance in the era of Industry 4.0?

2020 ◽  
Vol 11 (1) ◽  
pp. 97-97
Author(s):  
María- José Foncubierta-Rodriguez ◽  
Rafael Ravina-Ripoll ◽  
Eduardo Ahumada-Tello ◽  
Luis Bayardo Tobar-Pesantez
Keyword(s):  
Quality Of Life ◽  
Job Satisfaction ◽  
Human Capital ◽  
Public Sector ◽  
Industry 4.0 ◽  
Management Approach ◽  
Public Employees ◽  
Private Company ◽  
The Future

Since the end of the 20th century, economists have been attracted to the study of the economics of happiness (e.g., Singh, & Alexandrova, 2020; Crespo & Mesurado, 2015; Ferrer-i-Carbonell,2013). The use of the term happiness characterizes an essential volume of this bibliographical production as a synonym for the words satisfaction, well-being, or quality of life (Teixeira&Vasque, 2020; Carlquist et al., 2017). Under this umbrella, the culture of happiness management teaches us that a management model or direction oriented to the holistic search for happiness or job satisfaction of its employees is one of the essential axial pieces that organizations have to increase the commitment of their human capital, and therefore, their productivity and business performance (Ravina et al., 2019). Public administration employees are not exempt from this reality, a group that is characterized by job stability compared to private company employees. This article is dedicated to them. The era of Industry 4.0 is a period that is characterized, among other things, by the high precariousness of labor that is originated by the implementation of management models in advanced economies. This phenomenon is derived from the technological point of view by the automation and massive robotization of production processes and the supply chain. Together with the digitalization of companies, both factors are very present in the ecosystems of the Covid-19, and have come, perhaps, to stay in the future (Bragazzi, 2020; Ghadge et al., 2020). In line with the above, a more holistic examination of this issue seems likely to show that there is a keen interest among people to enter into Work mostly in public administrations, in search of a permanent contract for their entire working life. As is known, this is especially true in countries with high unemployment levels, such as Spain. Its unemployment rate is 20.1% in mid-2020. In the collective imagination of these individuals, there is the conviction that this type of Work constitutes ambrosia of eudaimonic happiness, job security, and quality of life, especially at present, in times of the Covid-19 pandemic (Fernández-Urbano, & Kulic, 2020). In this sense, it should be noted that in the last decades of the 21st century, there has been a growing interest in researching public employees' job satisfaction (e.g., Ryu&Bae, 2020; Steijn &Van der Voet, 2019; Luechinge et al., 2010). Most of the studies carried out on this scientific topic to date show empirically that public sector workers are happier than individuals in the private sphere. It's basically due to the intrinsic benefits (flexibility, vacation, or family reconciliation, among others) that this type of government entity offers concerning for-profit organizations (e.g., Lahat&Ofek, 2020; Sánchez-Sánchez, & Puente, 2020; Danzer,2019). In this context, this article aims to examine, as a priority in the era of Industry 4.0, whether there are observed differences in the levels of congratulations between human capital working in the private sector and that working in the public sector in Spain, by analyzing a set of variables that define positions: hours, salary, stability, promotion, and stress. Finally, we must indicate, on the one hand, that the choice of this spatial framework is motivated by the scarce literature investigating the happiness of Spanish public employees in an economy with high levels of youth unemployment (Núñez-Barriopedro et al., 2020). On the other hand, the results achieved in this study may be useful in the future for the implementation of public policies aimed at significantly promoting the welfare of working citizens through the happiness management approach (Ravina-Ripoll et al., 2019), or for taking this management concept to private companies to increase the motivation of their employees (Foncubierta-Rodríguez & Sánchez-Montero, 2019). Keywords: Happiness, human resources, Industry 4.0, public sector.

Industry 4.0 initiatives in EU countries: experience for Ukraine

2020 ◽  
pp. 65-70
Author(s):  
Nataliya Ryvak ◽  
Anna Kernytska
Keyword(s):  
Industry 4.0 ◽  
Business Models ◽  
Industrial Revolution ◽  
Successful Implementation ◽  
Industrial Complex ◽  
Interconnected System ◽  
Industrial Transformation ◽  
Eu Countries ◽  
European Experience ◽  
High Level

In this paper, digital technologies development was analyzed as the basis for the so-called “fourth industrial revolution” with the potential for the qualitative transformation of the Ukrainian economy based on EU countries’ experience. Industry 4.0 is a new control chain over the entire chain of creating value throughout the product lifecycle. When developing an economic policy, it is important to pay attention to Industry 4.0. It increases productivity, produces new, better, and individualized products, and implements new business models based on “undermining” innovations. A comparative analysis of national initiatives I4.0 with their characteristics according to the main dimensions, including funding, focus, direction, was conducted. Particular attention was paid to considering deterrents to the successful implementation and enforcement of the I4.0 initiative in European countries. The factors of successful implementation of I4.0 initiatives in the EU countries were analyzed. Drawing on the analysis of the European experience of digital transformations in industry and national economies in general, the necessity of critical focus of such transformations in Ukraine was highlighted, and the need for state support of industrial transformation was substantiated. The emphasis was placed on the cooperation development between stakeholders within the implementation of Industry 4.0 – it is necessary to create national and regional 4.0 platforms, following the example of EU countries, which would bring together government institutions, businesses, and academics. The successful positioning of the Ukrainian modern industrial complex on the world markets depends on the high level of the interconnected system providing factors that characterize its development process. Considering the influence of a list of inhibiting factors on implementing the country’s industry accelerated development, a set of measures needed to transform Ukraine’s industry based on European experience was substantiated.

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.

Embedded Bearing Fault Detection Platform Design for the Drivetrain System in the Future Industry 4.0 Era

2021 ◽  
Author(s):  
Kun-Chih Jimmy Chen ◽  
Jing-Wen Liang ◽  
Yueh-Chi Yang ◽  
Hsiang-Ling Tai ◽  
Jo-Chiao Ku ◽  
...  
Keyword(s):  
Fault Detection ◽  
Industry 4.0 ◽  
Platform Design ◽  
Bearing Fault ◽  
Bearing Fault Detection ◽  
The Future

scholarly journals The Impact of Force Factors on the Benefits of Digital Transformation in Romania

2021 ◽  
Vol 11 (5) ◽  
pp. 2365
Author(s):  
Sorinel Căpușneanu ◽  
Dorel Mateș ◽  
Mirela Cătălina Tűrkeș ◽  
Cristian-Marian Barbu ◽  
Adela-Ioana Staraș ◽  
...  
Keyword(s):  
Perceived Risk ◽  
Industry 4.0 ◽  
Business Models ◽  
Structural Model ◽  
Digital Transformation ◽  
Sample Survey ◽  
Intention To Use ◽  
Online Questionnaire ◽  
Use Of Technology ◽  
The Impact

The digital transformation has produced changes in all existing areas of activity worldwide. There are many factors that can influence the intention to use Industry 4.0 processes and solutions and change the behavior of organizations and their business models. The aim of this study is to validate the econometric model on assessing the significant impact of distinct factors on the intention to use Industry 4.0 processes and solutions, the benefits of digital transformation perceived by organizational management and the differences between distinct groups analyzed. The research method used within the quantitative study was the sample survey, using the online questionnaire as a data collection tool. Three hundred forty-seven valid questionnaires were collected and the response rate of the respondents was 64.25%. A new structural model was generated based on the elements of the Unified Theory of Acceptance and Use of Technology (UTAUT). The results of the study indicated that Perceived competitiveness and Perceived risk have a significant impact on Intention to Use Industry 4.0 processes while Perceived vertical networking solutions and Perceived integrated engineering solutions have a significant influence on the Intention to Use Industry 4.0 solutions. In conclusion, there is a positive and significant association between Intention to Use Industry 4.0 solutions and Benefits of Digital Transformation.

scholarly journals TO SUPPORT IOT COLLABORATIVE EXPRESSIVENESS ON THE SHOP FLOOR

2021 ◽  
Vol 1 ◽  
pp. 3149-3158
Author(s):  
Álvaro Aranda Muñoz ◽  
Yvonne Eriksson ◽  
Yuji Yamamoto ◽  
Ulrika Florin ◽  
Kristian Sandström
Keyword(s):  
Industry 4.0 ◽  
Shop Floor ◽  
Manufacturing Companies ◽  
Technical Aspects ◽  
Industrial Landscape ◽  
The Future ◽  
New Research ◽  
Empirical Material

AbstractThe availability of new research for IoT support and the human-centric perspective of industry 4.0 opens a gap to support operators in unleashing their creativity so they can provide improvements opportunities with IoT technology. This paper presents a case-study carried out in four Swedish manufacturing companies, where four different workshops were facilitated to support operators in the conceptualization of manufacturing improvements with IoT technologies. The empirical material gathered during these workshops has been analyzed in five different reflective sessions and discussed in light of previous research from industry 4.0, operators, and IoT support. Results indicate that operators can collaboratively create conceptual IoT solutions and that expressiveness in communicating their ideas and needs using IoT technology is more relevant than technical aspects and details of their proposed IoT solutions. This technological expressiveness is identified as a necessary skill to be cultivated on the shop floor and can potentially contribute to making a more effective and socially sustainable industrial landscape in the future.

scholarly journals Filling the void of family leadership: institutional support to business model changes in the Italian Industry 4.0 experience

2021 ◽  
Author(s):  
Marco Cucculelli ◽  
Ivano Dileo ◽  
Marco Pini
Keyword(s):  
Business Model ◽  
Industry 4.0 ◽  
Manufacturing Industry ◽  
Business Models ◽  
Institutional Support ◽  
Negative Influence ◽  
Positive Influence ◽  
External Support ◽  
Family Management ◽  
Family Leadership

AbstractWe examine whether the probability of innovating a company’s business model towards the Industry 4.0 paradigm is affected by external institutional support and family leadership. Industry 4.0 is the information-intensive transformation of global manufacturing enabled by Internet technologies aimed at reinventing products and services from design and engineering to manufacturing. Using a sample of 3000 firms from a corporate survey on the manufacturing industry in Italy, our results showed that family leadership has a significant positive influence on the adoption of Industry 4.0 business models, but only in terms of family ownership. By contrast, family management has a negative influence on the probability of adopting a new business model. However, this negative influence is almost totally offset by the presence of the Triple Helix, i.e. the external support by public institutions and universities, which counterbalances the lower propensity of family managers to adopt Industry 4.0 business models. This supporting role only occurs when institutions and universities act together.

Wege in die Zukunft der Produktion/Pathways to the future of production - Holistic consideration of Employees as an enabler for the transformation to Industry 4.0

2017 ◽  
Vol 107 (04) ◽  
pp. 273-279
Author(s):  
T. Knothe ◽  
A. Ullrich ◽  
N. Weinert
Keyword(s):  
Industry 4.0 ◽  
Transformation Process ◽  
Use Cases ◽  
Iterative Approach ◽  
The Future ◽  
Early Phases ◽  
Factories Of The Future

Die Transformation in die „intelligente“ und vernetzte Fabrik der Zukunft folgt einem schrittweise iterativ ablaufenden Prozess. Besonderer Wert ist dabei auf die schnelle Realisierung von Prototypen und einzelnen Maßnahmen zu legen, um rasch Ergebnisse zu erzielen. Gefördert wird mit diesem Vorgehen nicht zuletzt auch das Verständnis und die Partizipationsbereitschaft der beteiligten Mitarbeiter, die somit früher in konkrete Entwicklungen eingebunden werden und diese mitgestalten können. Das Projekt „MetamoFAB“ hat Methoden sowie Hilfsmittel entwickelt, die beim Planen und Umsetzen der Transformation unterstützen. Diese wurden zudem exemplarisch in Fallbeispielen erprobt.   The transformation towards intelligent and interconnected Factories of the future follows a stepwise, iterative approach. For quickly achieving results, a fast realization of haptic prototypes is crucial. By this, not at least understanding and willingness for participation of involved employees is raised, including them early phases of the transformation. The project MetamoFAB has developed methods and tools supporting this transformation process during planning and implementation. The applicability has been demonstrated exemplarily in use cases.

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