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.

scholarly journals Industry 4.0 and the digital society: concepts, dimensions and envisioned benefits

2018 ◽  
Vol 12 (1) ◽  
pp. 386-397 ◽  
Author(s):  
Luis Miguel Fonseca
Keyword(s):  
Value Chain ◽  
Industry 4.0 ◽  
Success Factors ◽  
Business Models ◽  
Industrial Revolution ◽  
Consumer Involvement ◽  
Information And Communications Technology ◽  
Successful Implementation ◽  
The European Union ◽  
Delivery Times

Abstract There is a considerable amount of interest in Industry 4.0, the so-called 4fh industrial revolution, however, the concept is not clear in the literature. This research by performing a literature review on Industry 4.0, aims to present an overview of the several industrial revolutions with emphasis on Industry 4.0 and its underlined dimensions. Industry 4.0 is characterized by the advanced digitalization and integration of industrial manufacturing and logistics processes, and the use of internet and “smart” objects (machines and products) and merging the physical and the virtual worlds by the adoption of information and communications technology (ICT). Industry 4.0 fosters novel human and production organization systems and new organizational business models, impacting the overall value chain, society and the environment. Contributions for such new business models that can support Industry 4.0 are proposed with envisioned potential benefits such as shorter operations cycle times, quick delivery times, faster time to market of new products and services, improved quality, and product/service customization, stronger consumer involvement and loyalty. Industry 4.0 can help organizations to address new and emerging markets by a differentiation strategy, or even create new disruptive business models. However, it is still in the early stages for most companies and the digital transformation will require a strong leadership, the right human competences and to overcome several barriers, for its successful implementation. And while this will lead to a significant improvement in job creation, there will be also considerable job losses for Employees with low skill levels. Considering that in 2015, only 14% of Small and Medium Enterprises were using internet channel and 40% of the European Union companies still had not adopted any of the new advanced digital technologies, there is a great need to further research Industry 4.0 drivers and success factors.

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 Pentingnya Membangun Platform Kolaborasi Multi-Stakeholder sebagai Key Enabling Factor dalam Membangun Ekosistem Inovasi Industri 4.0 di Era New Normal

2021 ◽  
Vol 6 (1) ◽  
pp. 67
Author(s):  
Satrio Utomo ◽  
Agus Nugroho Harjono
Keyword(s):  
Industry 4.0 ◽  
Industrial Development ◽  
Industrial Revolution ◽  
Transformation Process ◽  
Point Of View ◽  
Industrial Transformation ◽  
Program Manager ◽  
National Priority ◽  
Industry Policy ◽  
Multi Stakeholder

Industry 4.0 is an era of technological disruption or industrial revolution 4.0 because it puts more emphasis on system automation and connectivity which will make the mobility of the industrial world movement and  job competition non-linear . The use of digital technology is one of the keys. Industry opportunities for industrial development 4.0 are an effort to increase industrial competitiveness, but many industries do not yet understand the concept and how to start the stages. One of the ways proposed as a policy in preparing industry 4.0 should be taken a multi-stakeholder collaborative approach to facilitate development, including gathering digital transformation initiatives so that limited resources can be optimal. As a form of soft industry policy, a platform organization is also needed as a sustainable program manager and provides technical facilities. From a technical point of view, it is necessary to prepare enabling technology that can be utilized by all actors in the cross-sectoral digital economy in an affordable manner. The Ecosystem Platform becomes a medium to be able to build synergy and collaborative across industries with all stakeholders in an effort to accelerate the transformation of industry 4.0 according to the national priority program of Making Indonesia 4.0. In line with that, coordination was carried out between parties in the industrial transformation 4.0 process, as well as building networks to develop positive cooperation, including government, academics or R&D, industry players / associations, technical providers, consultants and of course financial actors in accelerating the industrial transformation process 4.0.

Procurement 4.0: factors influencing the digitisation of procurement and supply chains

2018 ◽  
Vol 24 (4) ◽  
pp. 965-984 ◽  
Author(s):  
Florian Bienhaus ◽  
Abubaker Haddud
Keyword(s):  
Supply Chains ◽  
Industry 4.0 ◽  
Online Survey ◽  
Business Models ◽  
Industrial Revolution ◽  
Primary Data ◽  
Content Type ◽  
Procurement Process ◽  
Enabling Technologies ◽  
The Impact

Purpose While digitisation is a key driver of the fourth industrial revolution (Industry 4.0); organisations have different approaches to deal with this topic to get a clearer picture of the opportunities and challenges concerning the digital transformation. The purpose of this paper is to identify the impact of digitisation on procurement and its role within the area of supply chain management. The research will also explore potential barriers to digitising procurement and supply chains and ways to overcome them. Finally, the significance of potential enabling technologies to the digitisation will also be examined. Design/methodology/approach A quantitative approached utilising an online survey was used to collect the primary data for this study. Data were collected from 414 participants directly involved with procurement or related business functions and work for different organisations in different industries. The survey included eight items about the impact of digitisation on organisational performance in the area of procurement and supply chains; ten items related to key barriers to digitisation of organisations and ways to overcome them; and seven items about enabling technologies to leverage procurement procedures and processes digitisation. All of these items utilised the Likert five-point level of agreement scale. Findings The findings indicate that digitisation of procurement process can yield several benefits including: supporting daily business and administrative tasks, supporting complex decision-making processes, procurement will become more focussed on strategic decisions and activities, procurement will become a strategic interface to support organisational efficiency, effectiveness, and profitability, and supporting the creation of new business models, products, and services. The authors were also able to confirm that there are barriers to digitising procurement process and supply chains and such barriers found in existing procedures, processes, capacities, and capabilities. Finally, the significance of a number of enabling technologies to the digitisation process was revealed. Originality/value To the best of the authors’ knowledge, this is the first study of its kind with participants located world-wide. Industry 4.0 as a topic had been explored within different business areas and functions but very limited research specifically explored potential impact, barriers, and enabling technologies of procurement 4.0. The results can be beneficial for organisations already implemented Industry 4.0 or planning to do so. The study can also benefit academic scholars interested in the researched topic, business professionals, organisations within different sectors, and any other party interested in understanding more the concept of procurement 4.0.

Industry 4.0 and Sustainability

2020 ◽  
pp. 67-84
Author(s):  
Sibel Yildiz Çankaya ◽  
Bülent Sezen
Keyword(s):  
Sustainable Development ◽  
Global Warming ◽  
Natural Resources ◽  
Industry 4.0 ◽  
Business Models ◽  
Industrial Revolution ◽  
New Business ◽  
The Impact ◽  
Industrial Revolutions ◽  
New Business Models

Modern industry developed over several centuries and three industrial revolutions. Today, we experience the fourth era of the industrial revolution, Industry 4.0. The advance of industrialization brought along many problems, including environmental pollution, global warming, and depletion of natural resources. As a result, the concept of sustainability began to gain importance. Sustainability can be achieved through a balance between economic, social, and environmental processes. In order to establish such balance, businesses need new business models or insights. At this point, Industry 4.0 can be regarded as a new business mindset that will help businesses and communities move towards sustainable development. The technologies used by Industry 4.0 bear a strong promise to solve these problems, after all. Even though Industry 4.0 attracts a lot of attention lately, few works are available on its impact on sustainability. This chapter examines the impact of Industry 4.0 on sustainability.

Industry 4.0 in Pumping Applications

2021 ◽  
pp. 941-954
Author(s):  
Luiz Eduardo Marques Bastos
Keyword(s):  
Working Conditions ◽  
Industry 4.0 ◽  
Business Models ◽  
Industrial Revolution ◽  
Future Research ◽  
Research Directions ◽  
Equipment Operation ◽  
The World ◽  
Future Research Directions ◽  
Traditional Industry

This chapter addresses the so-called Industry 4.0 and some of its applications in industrial pumps, seeking to emphasize its characteristics and benefits. The introduction of 4.0 industry technologies in this traditional industry can cause profound changes in existing business models, providing greater customer satisfaction, either improving the effectiveness of equipment operation, contributing to better adjustment to working conditions, and also prolonging their life cycle. We are still in the early stages of these technologies and a lot is yet to evolve; however, there are already interesting examples developed by some pump manufacturers around the world, some of which will be mentioned in this chapter. It is subdivided into three main parts, namely brief historical panorama from the first industrial revolution to Industry 4.0, current applications in the industrial pump industry, and finally, future research directions and conclusion.

Industry 4.0 From a Management Perspective

2022 ◽  
pp. 1-18
Author(s):  
Ilknur Taştan Boz ◽  
Özden Ibrahimağaoğlu
Keyword(s):  
Industry 4.0 ◽  
Business Models ◽  
Business Processes ◽  
Industrial Revolution ◽  
Organizational Structures ◽  
Transformation Process ◽  
Management Perspective ◽  
Fundamental Transformation ◽  
Transformation Processes ◽  
The Internet Of Things

Industries have undergone three fundamental transformation processes that were revolutionary. Following these processes, industries have been confronted with the phenomenon of Industry 4.0, known as the 4th Industrial Revolution, that is acknowledged as a new transformation process. The basic dynamics of this phenomenon include smart robots, simulation, the internet of things, cloud, additive manufacturing, and big data. It is of utmost importance for businesses that are involved in this process, that are new and trying to adapt to the process, to be prepared and adapt to the effects of Industry 4.0 dynamics. These dynamics lead to significant developments in business models, business processes, organizational structures, employees, and human resource processes. When Industry 4.0 and its dynamics are evaluated in general, businesses that follow the process and make necessary managerial adjustments will be ahead of the competition.

scholarly journals Impact Assessment of Additive Manufacturing on Sustainable Business Models in Industry 4.0 Context

2020 ◽  
Vol 12 (17) ◽  
pp. 7066 ◽  
Author(s):  
Radu Godina ◽  
Inês Ribeiro ◽  
Florinda Matos ◽  
Bruna T. Ferreira ◽  
Helena Carvalho ◽  
...  
Keyword(s):  
Additive Manufacturing ◽  
Industry 4.0 ◽  
Manufacturing Systems ◽  
Business Models ◽  
Industrial Revolution ◽  
New Technologies ◽  
Three Dimensions ◽  
Sustainable Business ◽  
Core Element ◽  
Sustainable Business Models

Additive manufacturing has the potential to make a longstanding impact on the manufacturing world and is a core element of the Fourth Industrial Revolution. Additive manufacturing signifies a new disruptive path on how we will produce parts and products. Several studies suggest this technology could foster sustainability into manufacturing systems based on its potential of optimizing material consumption, creating new shapes, customizing designs and shortening production times that, all combined, will greatly transform some of the existing business models. Although it requires reaching a certain level of design maturity to completely insert this technology in an industrial setting, additive manufacturing has the potential to favorably impact the manufacturing sector by reducing costs in production, logistics, inventories, and in the development and industrialization of a new product. The transformation of the industry and the acceleration of the adopting rate of new technologies is driving organizational strategy. Thus, through the lenses of Industry 4.0 and its technological concepts, this paper aims to contribute to the knowledge about the impacts of additive manufacturing technology on sustainable business models. This aim is accomplished through a proposed framework, as well as the models and scales that can be used to determine these impacts. The effects are assessed by taking into account the social, environmental and economic impacts of additive manufacturing on business models and for all these three dimensions a balanced scorecard structure is proposed.

Modern Trends in the Transformation of the Industrial Framework of the Russian Economy in the Context of Digitalization and Industry 4.0

2020 ◽  
Vol 9 (2) ◽  
pp. 59-66
Author(s):  
D. Morkovkin
Keyword(s):  
Industrial Policy ◽  
Industry 4.0 ◽  
Industrial Revolution ◽  
Industrial Sector ◽  
Industrial Complex ◽  
Domestic Industry ◽  
Global Trends ◽  
Fourth Industrial Revolution ◽  
Russian Economy ◽  
Policy Measures

The defining trend of the ongoing Fourth industrial revolution based on Industry 4.0 is the digitalization of technological processes for creating new value in material production. The introduction of global trends of the "Industry 4.0" concept into the practice of functioning of domestic enterprises, the importance of global trends for the domestic industry require the search for new scientific approaches to research and systematize the manifestations of digitalization, taking into account risks and dangers, and developing appropriate industrial policy measures. The study analyzes the main technologies and tools of the Industry 4.0 concept, as well as the possibilities of its use for the progressive transformation of the Russian industrial complex. Modern trends and promising directions of innovative transformation of the industrial sector of the Russian economy are identified, taking into account the identified specific features of Industry 4.0.

scholarly journals Analysis of Uncertainties and Levels of Foreknowledge in Relation to Major Features of Emerging Technologies—The Context of Foresight Research for the Fourth Industrial Revolution

2021 ◽  
Vol 13 (17) ◽  
pp. 9890
Author(s):  
Andrzej Magruk
Keyword(s):  
Industry 4.0 ◽  
Industrial Revolution ◽  
Emerging Technologies ◽  
Research Question ◽  
Conceptual Modeling ◽  
Research Area ◽  
Research Approach ◽  
Main Research ◽  
Intuitive Method ◽  
High Level

One of the key roles in the development of Industry 4.0 systems is played by “emerging technologies” as new tools with promising—though with a high level of uncertainty—capabilities. The management of such systems should be based on a comprehensive—future-oriented—research approach. Such activities are enabled by the foresight methodology. The main purpose of this publication is to attempt to answer the following research question: “What levels of foreknowledge and knowledge in the context of the development of emerging technologies—in relation to their features in Industry 4.0—should be taken into account during the analysis of uncertainties in the sense of foresight research based on different anticipated options?” In detail, the examination covered the relationship of classes of research foresight methods with regard to types of future, scopes of uncertainty, cycles of knowledge and original levels of foreknowledge in the field of the development of emerging technologies in Industry 4.0. Emerging technologies combined with the research on foreknowledge and uncertainties is an interesting research area with many theoretical and practical potential implications. The study uses the results of the analysis and criticism of the literature, mental experiments, and the intuitive method as the main research methods. This provides a basis for performing conceptual modeling.

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