Emerging Auditing Perspectives in the Age of the Fourth Industrial Revolution

The purpose of this chapter is to investigate the role of audit activities and auditors in Industry 4.0. The preferred methodological approach in the study is a general analysis of auditing in Industry 4.0 in the form of a literature review. According to the purpose of the study, the effect and role of auditing big data, the internet of things, the cloud, artificial intelligence, and other components in Industry 4.0 are investigated. Furthermore, auditing activities that can be implemented in Industry 4.0 are presented as suggestions in the study. The study explains the role of auditing as a whole in Industry 4.0 as a consequence of examining audit activities for each component in Industry 4.0.

11th GLOBAL CONFERENCE ON BUSINESS AND SOCIAL SCIENCES - Global Conference on Business and Social Sciences Proceeding ◽

Assessing Competency and Sub-Competency for Pharmaceutical 4.0 – a Delphi Study

10.35609/gcbssproceeding.2021.12(6) ◽

2021 ◽

Vol 12 (1) ◽

pp. 6-6

Author(s):

Aghnia Nadhira Aliya Putri ◽

N. Nurlaela Arief ◽

Aurik Gustomo

Keyword(s):

Artificial Intelligence ◽

Big Data ◽

Delphi Study ◽

Industry 4.0 ◽

Industrial Revolution ◽

Critical Role ◽

The Internet ◽

Significant Barrier ◽

In the Era of Industry 4.0, technology has a significant impact on how people live and work. The pharmaceutical sector is likely to face an "innovator dilemma" when dealing with the Fourth Industrial Revolution. Pharmaceutical employees should prepare to adopt technologies such as the Internet of Things (IoT), Artificial Intelligence (AI), Big Data, Robotic, 3-D printing (Baines et al., 2018). Even in the industry based on technology, companies' performance does not rely solely on technological expertise. Technology is not the most significant barrier to adopting the 4.0 Era, but organizational culture and employee readiness are the biggest challenges (Vuong et al., 2019). To survive in Industrial Era 4.0, having sufficient knowledge of technology's changes and speed is essential. Nevertheless, there is no doubt that specific low-skilled jobs will be eliminated (Dirican, 2015). Supposedly, the development of technology does not replace workers but instead increases efficiency in work. Note that the future workforce has a critical role to play in the success of factory innovation. Transformation in era 4.0 requires workforces to have good competence. Keywords: Competency, Sub-Competencies, Pharma 4.0, Delphi Study

Industry 4.0-A Breakthrough in artificial Intelligence the Internet of Things and Big Data towards the next digital revolution for high business outcome and delivery

Journal of Physics Conference Series ◽

10.1088/1742-6596/1937/1/012030 ◽

2021 ◽

Vol 1937 (1) ◽

pp. 012030

Author(s):

V. Sindhu ◽

G. Anitha ◽

R. Geetha

Keyword(s):

Artificial Intelligence ◽

Big Data ◽

Internet Of Things ◽

Industry 4.0 ◽

The Internet ◽

Digital Revolution ◽

The Internet Of Things ◽

Business Outcome

Cross-Border E-Commerce Marketing and Management - Advances in Electronic Commerce ◽

Big Data, Artificial Intelligence, and the Internet of Things in Cross-Border E-Commerce

10.4018/978-1-7998-5823-2.ch011 ◽

2021 ◽

pp. 257-272

Author(s):

Aboobucker Ilmudeen

Keyword(s):

Artificial Intelligence ◽

Big Data ◽

Internet Of Things ◽

Economic Globalization ◽

The Internet ◽

Technological Revolution ◽

Cross Border ◽

Wide Range ◽

Today, the terms big data, artificial intelligence, and internet of things (IoT) are many-fold as these are linked with various applications, technologies, eco-systems, and services in the business domain. The recent industrial and technological revolution have become popular ever before, and the cross-border e-commerce activities are emerging very rapidly. As a result, it supports to the growth of economic globalization that has strategic importance for the advancement of e-commerce activities across the globe. In the business industry, the wide range applications of technologies like big data, artificial intelligence, and internet of things in cross-border e-commerce have grown exponential. This chapter systematically reviews the role of big data, artificial intelligence, and IoT in cross-border e-commerce and proposes a conceptually-designed smart-integrated cross-border e-commerce platform.

Innovation–diffusion, the economy and contemporary challenges: a comment

Industrial and Corporate Change ◽

10.1093/icc/dtaa019 ◽

2020 ◽

Vol 29 (4) ◽

pp. 1067-1073

Author(s):

Jan Fagerberg ◽

Bart Verspagen

Keyword(s):

Artificial Intelligence ◽

Internet Of Things ◽

Innovation Diffusion ◽

Industrial Revolution ◽

The Internet ◽

Capitalist Development ◽

Recent Developments ◽

Abstract According to Christopher Freeman technological revolutions play a key role in capitalist development. In this article, we ask to what extent more recent developments are consistent with the perspective advanced by Freeman. We focus on two issues in particular, the climate challenge and what has been dubbed “A Fourth Industrial Revolution” that is, advances in artificial intelligence and the proliferation of the internet of things.

Future Service in Industry 5.0

Jurnal Sistem Cerdas ◽

10.37396/jsc.v2i1.21 ◽

2019 ◽

Vol 2 (1) ◽

pp. 67-79 ◽

Cited By ~ 2

Author(s):

Umar Al Faruqi

Keyword(s):

Artificial Intelligence ◽

Machine Learning ◽

Industry 4.0 ◽

Industrial Revolution ◽

Human Life ◽

Rapid Development ◽

The Internet ◽

Develop Technology ◽

With the rapid development of technology in the digitalization era, Industry 4.0 became a terminology that became a reference for research and development in the field of technology in various sectors. This continues to trigger all people to develop technology to enable better utilization in facilitating human life. Society 5.0 is an idea that explains the revolution in people's lives with the development of the fourth industrial revolution. The concept that wants to be presented is how there is a revolution in society that both utilizing technology and also considering humanities aspects. Some sectors of work and needs are beginning to enter digitalization that utilizes Artificial Intelligence, Big Data, Robotics, Automation, Machine Learning, and the Internet of Things.

Mapping the Role of Digital Health Technologies in Prevention and Control of COVID-19 Pandemic: Review of the Literature

Yearbook of Medical Informatics ◽

10.1055/s-0041-1726505 ◽

2021 ◽

Vol 30 (01) ◽

pp. 026-037

Author(s):

Binyam Tilahun ◽

Kassahun Dessie Gashu ◽

Zeleke Abebaw Mekonnen ◽

Berhanu Fikadie Endehabtu ◽

Dessie Abebaw Angaw

Keyword(s):

Artificial Intelligence ◽

Big Data ◽

Internet Of Things ◽

Prevention And Control ◽

Digital Health ◽

The Internet ◽

Health Technologies ◽

And Control ◽

Summary Background: Coronavirus Disease (COVID-19) is currently spreading exponentially around the globe. Various digital health technologies are currently being used as weapons in the fight against the pandemic in different ways by countries. The main objective of this review is to explore the role of digital health technologies in the fight against the COVID-19 pandemic and address the gaps in the use of these technologies for tackling the pandemic. Methods: We conducted a scoping review guided by the Joanna Briggs Institute guidelines. The articles were searched using electronic databases including MEDLINE (PubMed), Cochrane Library, and Hinari. In addition, Google and Google scholar were searched. Studies that focused on the application of digital health technologies on COVID-19 prevention and control were included in the review. We characterized the distribution of technological applications based on geographical locations, approaches to apply digital health technologies and main findings. The study findings from the existing literature were presented using thematic content analysis. Results: A total of 2,601 potentially relevant studies were generated from the initial search and 22 studies were included in the final review. The review found that telemedicine was used most frequently, followed by electronic health records and other digital technologies such as artificial intelligence, big data, and the internet of things (IoT). Digital health technologies were used in multiple ways in response to the COVID-19 pandemic, including screening and management of patients, methods to minimize exposure, modelling of disease spread, and supporting overworked providers. Conclusion: Digital health technologies like telehealth, mHealth, electronic medical records, artificial intelligence, the internet of things, and big data/internet were used in different ways for the prevention and control of the COVID-19 pandemic in different settings using multiple approaches. For more effective deployment of digital health tools in times of pandemics, development of a guiding policy and standard on the development, deployment, and use of digital health tools in response to a pandemic is recommended.

Application of Big Data and the Internet of Things in Industry 4.0

European Journal of Engineering Research and Science ◽

10.24018/ejers.2018.3.11.967 ◽

2018 ◽

Vol 3 (11) ◽

pp. 20-24 ◽

Cited By ~ 1

Author(s):

Cleiton R. Mendes ◽

Rapfael Y. Osaki ◽

Cesar Da Costa

Keyword(s):

Big Data ◽

Internet Of Things ◽

Production Process ◽

Value Chain ◽

Industry 4.0 ◽

Industrial Revolution ◽

Technological Development ◽

The Internet ◽

Manufacturing Companies ◽

Recent technological developments have altered the working conditions in manufacturing industries. Currently, the term Industry 4.0 is used to describe the fourth industrial revolution that has enabled the digitization of the value chain. This revolution has also enabled the connection of production sites via intelligent information systems, which means that machines can communicate with other machines and products. In addition, more accurate data can be delivered, and information can be processed in real time. However, history says that technological development takes time. The complete adoption and realization of the potential of Industry 4.0 will likely require about 20 years. Our discussion in this paper is based on a particular example of an automation integration platform. To understand the potential of big data and the Internet of Things in manufacturing companies, we investigated the production process of an auto parts company. Currently, data is collected manually and automatically. Other types of data are automatically recorded by an information system. Depending on where in the production process the data is collected, the data are logged and processed using different systems.

Internet of Things as Engine of Economic Growth in Indonesia

Indonesian Journal Of Business And Economics ◽

10.25134/ijbe.v2i1.1625 ◽

2019 ◽

Vol 2 (1) ◽

Author(s):

Bambang Widagdo ◽

Mochamad Rofik

Keyword(s):

Economic Growth ◽

Internet Of Things ◽

Industrial Revolution ◽

The Internet ◽

Economic Diversification ◽

Great Opportunity ◽

Economic Basis ◽

Network Quality ◽

The economic diversification concept gives hope for a country with rich natural resources to strengthen its economic basis. Thus industrial revolution era of 4.0 provides great opportunity to fasten the process. A study by McKensey in 2011 proved that the internet in the developing country contributes around 3.4% towards its GDP which means that the internet has become a new hope for the economy in the future. Indonesia is one of the countries that is attempting to maximize the role of the Internet of Things (IoT) for its economic growth.� The attempt has made the retail and tourism industries as the two main sectors to experience the significant effect of IoT. In the process of optimizing the IoT to support the economic growth, Indonesia faces several issues especially in the term of the internet network quality and its distribution, the inclusive access of financial access and the infrastructure

Role of Artificial Intelligence in the Internet of Things – A Review

IOP Conference Series Materials Science and Engineering ◽

10.1088/1757-899x/1055/1/012090 ◽

2021 ◽

Vol 1055 (1) ◽

pp. 012090

Author(s):

G Yashodha ◽

P R Pameela Rani ◽

A Lavanya ◽

V Sathyavathy

Keyword(s):

Artificial Intelligence ◽

Internet Of Things ◽

The Internet ◽