scholarly journals Embracing Industry 4.0: Empirical Insights from Malaysia

Informatics ◽  
2021 ◽  
Vol 8 (2) ◽  
pp. 30
Author(s):  
Mansoor Ahmed Soomro ◽  
Mohd Hizam-Hanafiah ◽  
Nor Liza Abdullah ◽  
Mohd Helmi Ali ◽  
Muhammad Shahar Jusoh
Keyword(s):  
Industry 4.0 ◽  
New Technologies ◽  
Descriptive Study ◽  
Digital Transformation ◽  
Quantitative Approach ◽  
Survey Questionnaire ◽  
Digital Revolution ◽  
Leadership Strategy ◽  
The Right ◽  
The Cost

Industry 4.0 revolution, with its cutting-edge technologies, is an enabler for businesses, particularly in reducing the cost and improving the productivity. However, a large number of organizations are still too in their infancy to leverage the true potential of Industry 4.0 and its technologies. This paper takes a quantitative approach to reveal key insights from the companies that have implemented Industry 4.0 technologies. For this purpose, 238 technology companies in Malaysia were studied through a survey questionnaire. As technology companies are usually the first in line to adopt new technologies, they can be studied better as leaders in adopting the latest technologies. The findings of this descriptive study surfaced an array of insights in terms of Industry 4.0 readiness, Industry 4.0 technologies, leadership, strategy, and innovation. This research paper contributes by providing 10 key empirical insights on Industry 4.0 that can be utilized by managers to pace up their efforts towards digital transformation, and can help the policymakers in drafting the right policy to drive the digital revolution.

scholarly journals The Situation of Technology Companies in Industry 4.0 and the Open Innovation

2021 ◽  
Vol 7 (1) ◽  
pp. 34
Author(s):  
Mohd Hizam-Hanafiah ◽  
Mansoor Ahmed Soomro
Keyword(s):  
Research Design ◽  
Open Innovation ◽  
Industry 4.0 ◽  
Descriptive Study ◽  
Quantitative Approach ◽  
Company Size ◽  
Survey Questionnaire ◽  
Cross Sectional ◽  
Digital Revolution

Digitalization has increased the adoption pace of Industry 4.0 technologies, particularly in connection with Open Innovation. However, companies are still finding it challenging to know the variety of Industry 4.0 technologies available, and their fit with the scope of the organization. To address this issue, a cross-sectional research design under quantitative approach was adopted. The data were collected first-hand through a survey questionnaire from a total of 238 technology companies in Malaysia. Technology companies were selected as they have higher agility in terms of technology which suits the digital revolution nature of Industry 4.0. The findings of this descriptive study revealed a range of insights in terms of Industry 4.0 technologies and open innovation. First, this study presents the standing of technology companies in terms of 12 Industry 4.0 technologies. Second, a comparison of these technologies is analyzed in terms of company size (small, medium, and large). Third, a contrast of these technologies is ascertained based on the type of company (manufacturing and services). In brief, this research contributes in providing valuable insights that can help companies in the awareness of open innovation and adoption of Industry 4.0 technologies.

scholarly journals Designing industry 4.0 implementation from the initial background and context of companies

2021 ◽  
Vol 3 ◽  
pp. 27
Author(s):  
Valérie Rocchi ◽  
Daniel Brissaud
Keyword(s):  
Digital Technology ◽  
Industry 4.0 ◽  
Success Factors ◽  
Theoretical Models ◽  
Digital Transformation ◽  
Transformation Model ◽  
Structured Interviews ◽  
Long Time ◽  
Key Variables ◽  
The Right

Industry 4.0 is a promising concept that allows industries to meet customers’ demands with flexible and resilient processes, and highly personalised products. This concept is made up of different dimensions. For a long time, innovative digital technology has been thought of as the only dimension to succeed in digital transformation projects. Other dimensions have been identified such as organisation, strategy, and human resources as key while rolling out digital technology in factories. From these findings, researchers have designed industry 4.0 theoretical models and then built readiness models that allow for analysing the gap between the company initial situation and the theoretical model. Nevertheless, this purely deductive approach does not take into consideration a company’s background and context, and eventually favours one single digital transformation model. This article aims at analysing four actual digital transformation projects and demonstrating that the digital transformation’s success or failure depends on the combination of two variables related to a company’s background and context. This research is based on a double approach: deductive and inductive. First, a literature review has been carried out to define industry 4.0 concept and its main dimensions and digital transformation success factors, as well as barriers, have been investigated. Second, a qualitative survey has been designed to study in-depth four actual industry digital transformation projects, their genesis as well as their execution, to analyse the key variables in succeeding or failing. 46 semi-structured interviews were carried out with projects’ members; interviews have been analysed with thematic content analysis. Then, each digital transformation project has been modelled regarding the key variables and analysed with regards to succeeding or failing. Investigated projects have consolidated the models of digital transformation. Finally, nine digital transformation models have been identified. Industry practitioners could design their digital transformation project organisation and strategy according to the right model.

Optimizing Product Cost with Supply Chain Cost Modeling

2012 ◽  
Vol 2012 (1) ◽  
pp. 000012-000017
Author(s):  
Chet Palesko ◽  
Alan Palesko
Keyword(s):  
Supply Chain ◽  
New Technologies ◽  
Cost Modeling ◽  
Cost Models ◽  
Modeling Framework ◽  
Cost Drivers ◽  
Cost Impact ◽  
The Right ◽  
The Cost ◽  
The Impact

Demands on the electronics industry for smaller, better, and cheaper packages have made the supply chain more complex. Outsourcing, new technologies, and increasing performance requirements make designing and building the right product for the right price more difficult than ever. We will present a framework for understanding and managing the supply chain through cost modeling. Cost models that accurately reflect the cost impact from technology and design decisions enable a more precise understanding of supply chain behavior. Cost models can show the extra cost of adding a layer, the expected savings from relaxing design rules, or the cost of package on package assembly compared to 3D packaging with through silicon vias (TSVs). The models also provide context to understanding the ″should cost″ of a product and the path to achieving it. Since the guidance from cost models is based on the actual supplier cost drivers and pricing behavior, designer cost reduction efforts will result in higher savings compared to not using the cost models. Without cost models, designers risk missing their suppliers' real cost drivers and, therefore, the opportunity to decrease cost. This cost modeling framework allows the designers to realize the lowest cost product by matching the right design with the right supplier. It is a method for understanding a design decision's cost impact: a design change, a supplier change, or even the impact of new technology.

Digital Transformation Approaches for Aircraft Maintenance Operations

2021 ◽  
pp. 145-164
Author(s):  
Ercan Kivanç ◽  
Özalp Vayvay ◽  
Zeynep Tuğçe Kalender
Keyword(s):  
Industry 4.0 ◽  
Digital Transformation ◽  
Maintenance Management ◽  
Aircraft Maintenance ◽  
Digital Revolution ◽  
Security Standards ◽  
Aviation Operations ◽  
High Degree ◽  
The Impact ◽  
Management Issues

Digital transformation is one of the critical drivers of change in aviation as in many areas. Aviation operations are always aimed to be carried out with a high degree of safety and security standards. Efficient aircraft maintenance management makes a significant contribution to meeting these standards. The digital revolution offers excellent opportunities for safety, reliability, and efficiency advancement for aviation continuing airworthiness. This chapter provides a basic overview of aircraft maintenance processes and highlights some of the maintenance management issues. This chapter addresses some of the industry 4.0 technologies that have been tested for use or currently used in aircraft maintenance operations and discusses the impact of these technologies on current management problems. Consequently, this chapter is expected to present useful information and comments for the aircraft maintenance community, including managers and professionals, and encourage them to think about other possible innovations beneficial to their processes.

scholarly journals Industry 4.0 and business process management

2019 ◽  
Vol 13 (4) ◽  
pp. 349-355
Author(s):  
Jiri Tupa ◽  
Frantisek Steiner
Keyword(s):  
Process Improvement ◽  
Business Process ◽  
Industry 4.0 ◽  
Business Process Management ◽  
Process Management ◽  
New Technologies ◽  
The Core ◽  
New Methods ◽  
Theoretical Paper ◽  
The Cost

Production companies are adopting new methods for the improvement of their managing production processes. The cost, quality and time are still key important attributes for process improvement. This is reason why the Business Process Management (BPM) is the core of management in different areas, e.g., quality management, sustainability management. The new technologies based on Internet of Things and Services, SMART solutions, and the concept Industry 4.0 are opening new possibilities of BPM implementation. This theoretical paper deals with a review of new trends in BPM and a presentation of the possibilities of core technologies for Industry 4.0 in phases of BPM applications.

scholarly journals A Conceptual Framework to Support Digital Transformation in Manufacturing Using an Integrated Business Process Management Approach

Designs ◽  
2020 ◽  
Vol 4 (3) ◽  
pp. 17
Author(s):  
Javaid Butt
Keyword(s):  
Conceptual Framework ◽  
Business Process ◽  
Industry 4.0 ◽  
Business Process Management ◽  
Process Management ◽  
New Technologies ◽  
Manufacturing Sector ◽  
Digital Transformation ◽  
Management Approach ◽  
The Impact

Digital transformation is no longer a future trend, as it has become a necessity for businesses to grow and remain competitive in the market. The fourth industrial revolution, called Industry 4.0, is at the heart of this transformation, and is supporting organizations in achieving benefits that were unthinkable a few years ago. The impact of Industry 4.0 enabling technologies in the manufacturing sector is undeniable, and their correct use offers benefits such as improved productivity and asset performance, reduced inefficiencies, lower production and maintenance costs, while enhancing system agility and flexibility. However, organizations have found the move towards digital transformation extremely challenging for several reasons, including a lack of standardized implementation protocols, emphasis on the introduction of new technologies without assessing their role within the business, the compartmentalization of digital initiatives from the rest of the business, and the large-scale implementation of digitalization without a realistic view of return on investment. To instill confidence and reduce the anxiety surrounding Industry 4.0 implementation in the manufacturing sector, this paper presents a conceptual framework based on business process management (BPM). The framework is informed by a content-centric literature review of Industry 4.0 technologies, its design principles, and BPM method. This integrated framework incorporates the factors that are often overlooked during digital transformation and presents a structured methodology that can be employed by manufacturing organizations to facilitate their transition towards Industry 4.0.

scholarly journals CYBER-SECURITY IN THE NEW ERA OF INTEGRATED OPERATIONAL – INFORMATIONAL TECHNOLOGY SYSTEMS

2021 ◽  
Vol 11 (1) ◽  
pp. 68-79
Author(s):  
Vlad Daniel Savin ◽  
Keyword(s):  
Information Technology ◽  
Cyber Security ◽  
Power Plants ◽  
New Technologies ◽  
Critical Infrastructure ◽  
Cyber Attacks ◽  
Critical Infrastructures ◽  
Digital Revolution ◽  
The Right ◽  
Technology Systems

Digital Revolution has forced previously isolated networks of critical infrastructures to become more digitally integrated. Recent cyber-attacks, including Stuxnet and Wiper, have exposed a new set of cybersecurity vulnerabilities in this field. This new environment has forced previously isolated networks of critical infrastructures like utilities or power plants to become more digitally integrated. This paper offers a view into the most efficient current defense solutions. It also offers a glimpse into the need for the further development of new protection mechanisms developed on the emerging new technologies. The risks posed by the integration of Information Technology solutions with Operational Technology systems have been a key topic also at the latest World Economic Forum conference, where cyber-attacks of critical infrastructures were discussed in the context of the most significant risks for the upcoming decade. The findings of this paper are applicable to other industries. The paper aims to highlight that by initially understanding the vulnerabilities of the IT components and by taking the right cybersecurity preventive measures, critical infrastructure can be protected against these kinds of threats. The research framework behind this paper was directed towards analysing the cyber risks associated with the convergence between the Information Technology solutions with the Operational Technology systems of critical infrastructure.

scholarly journals The issue of the readiness of the Russian economy to implement digital transformation

2022 ◽  
Vol 20 (4) ◽  
pp. 38-41
Author(s):  
E. V. Trubacheev
Keyword(s):  
Industry 4.0 ◽  
Scientific Work ◽  
Digital Transformation ◽  
Qualitative Assessment ◽  
Domestic Economy ◽  
Russian Economy ◽  
Digital Transition ◽  
The Right ◽  
Work Done ◽  
Significant Factors

In the article, the author carried out an integral qualitative assessment of the readiness of the domestic economy for the transition of its functioning to the format of industry 4.0. The degree of infrastructural and institutional compliance of the country’s economy with the criteria necessary for the implementation of the digital transition is investigated. The relevance of the article is due to the compression of the time available for the domestic economy to implement digital transformation, which are caused by the economic and infrastructural consequences of the Covid–19 pandemic and the tightening of competition between countries for the right to dominate the information space. The result of the scientific work done by the author is a comprehensive assessment of the readiness of the Russian economy for digital transformation, indicating its strengths and weaknesses. Taking into account the most significant factors determining Russia’s readiness for digital transformation, the framework directions for supporting the digital transformation of the country’s economy are proposed.

Digital Transformation in Business Era

2021 ◽  
pp. 1-15
Author(s):  
Amaninder Kaur ◽  
Sheenam Monga
Keyword(s):  
Low Cost ◽  
Digital Transformation ◽  
Internet User ◽  
The Internet ◽  
Demographic Dividend ◽  
Digital Revolution ◽  
Internet Connection ◽  
Cost Of Ownership ◽  
The Cost ◽  
Insight Into

The chapter offers the roadmap for digital transformation. The aim of the research is to give insight into the fundamental comprehension of digital transformation. This era of increased technological proliferation combined with internet and mobile penetration presents a favorable ecosystem for the development of e-commerce in India. The country is currently at the cusp of a digital revolution. Launch of 4G services and decline in the tariffs of data plans and prices of data cards/USB dongles have reduced the cost of ownership of an effective internet connection and also availability of low-cost smartphones, and the extension of internet and broadband to the remotest corners will boost the augmentation of the internet user base, effectively bridging the gap between potential online buyers and actual buyers. The demographic dividend of the country also seems to encourage and favor the growth of e-commerce. E-commerce is a business online.

Industrie 4.0 by Siemens

2018 ◽  
Vol 20 (2) ◽  
pp. 30-48 ◽  
Author(s):  
Diana Cozmiuc ◽  
Ioan Petrisor
Keyword(s):  
Value Chain ◽  
Business Models ◽  
New Technologies ◽  
Production Equipment ◽  
Industrie 4.0 ◽  
Digital Transformation ◽  
Digital Revolution ◽  
New Business ◽  
Digital Disruption

The digital disruption is to transform all industries, leading to new business models based on the new technologies. In manufacturing, one model for digital disruption is Industrie 4.0. Proposals for Industrie 4.0 involve the virtualization and vertical and horizontal integration of the value chain, digital services, the digital transformation of products, the digital transformation of production equipment, the digital transformation of factories and the digital transformation of supply chains. The former two are already in place today. This article and its follow-up builds an overview of the pillars of Industrie 4.0 as addressed by the proponents of the model, by consultancy companies, by journal research, and by the customer proposition of Siemens. CapGemeni rate General Electric as a key player in the Industrial Internet in the Digital Revolution, and Siemens is its contestant. This article builds a detailed analysis of Siemens' strategy which covers the steps already made and the steps to be made in the future as a follow-up. The digital twin strategy leads the way to the next stage.

Sign in / Sign up

Export Citation Format

Share Document