Strategic Management in SMEs in Industry 4.0

2020 ◽  
pp. 205-227
Author(s):  
Mustafa Atilla Arıcıoğlu ◽  
Büşra Yiğitol
Keyword(s):  
Cyber Security ◽  
Industry 4.0 ◽  
Industrial Revolution ◽  
Data Transfer ◽  
Production Systems ◽  
Transformation Process ◽  
Security Systems ◽  
New Era ◽  
Collection Data ◽  
The Relationship

It is envisioned that the fourth industrial revolution contains many concepts such as modern automation and production systems, data collection, data processing, analysis, and data transfer and consists of intelligent factory applications such as augmented reality, the internet of things, cyber physical, and cyber security systems. It reveals the fact that a new era awaits enterprises in the relationship between technology and production due to these predictions for future changes. SMEs are one of the important segments that these triggers, which are the precursors of structural change, will affect. So how will SMEs experience the Industry 4.0 process? What do unmanned factories mean for SMEs? Which countries/SMEs will have the Industry 4.0 technology and Industry 4.0 infrastructure which require high capital, Which of them will create opportunities? In this chapter, the problems that SMEs will face in the digital transformation process and the political and strategic approaches that can be developed to deal with these problems will be evaluated.

Strategic Management in SMEs in Industry 4.0

2021 ◽  
pp. 1548-1569
Author(s):  
Mustafa Atilla Arıcıoğlu ◽  
Büşra Yiğitol
Keyword(s):  
Cyber Security ◽  
Industry 4.0 ◽  
Industrial Revolution ◽  
Data Transfer ◽  
Production Systems ◽  
Transformation Process ◽  
Security Systems ◽  
New Era ◽  
Collection Data ◽  
The Relationship

It is envisioned that the fourth industrial revolution contains many concepts such as modern automation and production systems, data collection, data processing, analysis, and data transfer and consists of intelligent factory applications such as augmented reality, the internet of things, cyber physical, and cyber security systems. It reveals the fact that a new era awaits enterprises in the relationship between technology and production due to these predictions for future changes. SMEs are one of the important segments that these triggers, which are the precursors of structural change, will affect. So how will SMEs experience the Industry 4.0 process? What do unmanned factories mean for SMEs? Which countries/SMEs will have the Industry 4.0 technology and Industry 4.0 infrastructure which require high capital, Which of them will create opportunities? In this chapter, the problems that SMEs will face in the digital transformation process and the political and strategic approaches that can be developed to deal with these problems will be evaluated.

scholarly journals Towards a Framework for Assessing the Maturity of Manufacturing Companies in Industry 4.0 Adoption

2018 ◽  
pp. 224-254 ◽  
Author(s):  
Luca Scremin ◽  
Fabiano Armellini ◽  
Alessandro Brun ◽  
Laurence Solar-Pelletier ◽  
Catherine Beaudry
Keyword(s):  
Industry 4.0 ◽  
Industrial Revolution ◽  
Production Systems ◽  
Case Analysis ◽  
Transformation Process ◽  
Manufacturing Companies ◽  
Assessment Framework ◽  
Disruptive Technologies ◽  
Fourth Industrial Revolution ◽  
Face Complex

The recent introduction of new disruptive technologies aimed at monitoring, controlling, optimizing, and automating production systems is shifting the manufacturing landscape towards a fourth industrial revolution. In this new industrial paradigm, manufacturing companies face complex challenges requiring the development of new organizational and technological capabilities. With this context in mind, this chapter is intended to provide a maturity assessment framework to understand the transformation process in manufacturing companies transitioning to Industry 4.0. The proposed framework is applied to 10 in-depth industrial case studies in Canada and Italy, two countries with increasing awareness of the Industry 4.0 revolution. A comparative case analysis revealed four different standards, or archetypes, for Industry 4.0 adoption, which are discussed and analyzed, highlighting a relationship between a company's manufacturing configuration and its path towards Industry 4.0 adoption.

scholarly journals Towards a Framework for Assessing the Maturity of Manufacturing Companies in Industry 4.0 Adoption

2021 ◽  
pp. 895-925
Author(s):  
Luca Scremin ◽  
Fabiano Armellini ◽  
Alessandro Brun ◽  
Laurence Solar-Pelletier ◽  
Catherine Beaudry
Keyword(s):  
Industry 4.0 ◽  
Industrial Revolution ◽  
Production Systems ◽  
Case Analysis ◽  
Transformation Process ◽  
Manufacturing Companies ◽  
Assessment Framework ◽  
Disruptive Technologies ◽  
Fourth Industrial Revolution ◽  
Face Complex

The recent introduction of new disruptive technologies aimed at monitoring, controlling, optimizing, and automating production systems is shifting the manufacturing landscape towards a fourth industrial revolution. In this new industrial paradigm, manufacturing companies face complex challenges requiring the development of new organizational and technological capabilities. With this context in mind, this chapter is intended to provide a maturity assessment framework to understand the transformation process in manufacturing companies transitioning to Industry 4.0. The proposed framework is applied to 10 in-depth industrial case studies in Canada and Italy, two countries with increasing awareness of the Industry 4.0 revolution. A comparative case analysis revealed four different standards, or archetypes, for Industry 4.0 adoption, which are discussed and analyzed, highlighting a relationship between a company's manufacturing configuration and its path towards Industry 4.0 adoption.

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 Automation technology as a key component of the Industry 4.0 production development path

2021 ◽  
Author(s):  
Christian Brecher ◽  
Aleksandra Müller ◽  
Yannick Dassen ◽  
Simon Storms
Keyword(s):  
Industry 4.0 ◽  
Information Technologies ◽  
Production Systems ◽  
Product Variety ◽  
Transformation Process ◽  
Smart Manufacturing ◽  
Production Development ◽  
Flexible Production Systems ◽  
Current Production ◽  
Automation Technology

AbstractSince 2011, the Industry 4.0 initiative is a key research and development direction towards flexible production systems in Germany. The objective of the initiative is to deal with the challenge of an increased production complexity caused by various factors such as increasing global competition between companies, product variety, and individualization to meet customer needs. For this, Industry 4.0 envisions an overarching connection of information technologies with the production process, enabling smart manufacturing. Bringing current production systems to this objective will be a long transformation process, which requires a coherent migration path. The aim of this paper is to represent an exemplary production development way towards Industry 4.0 using eminent formalization approaches and standardized automation technologies.

scholarly journals Lecturers and E-lecturers in cross-border education in the context of the fourth industrial revolution

2020 ◽  
Vol 9 (1) ◽  
pp. 3-10
Author(s):  
Nguyen Duc Son
Keyword(s):  
Industry 4.0 ◽  
Industrial Revolution ◽  
Traditional Education ◽  
Cross Border ◽  
Quality Of Teaching ◽  
Learning Programs ◽  
E Learning ◽  
Education Culture ◽  
The Relationship

Nowadays, globalization has given birth to various forms of non-traditional education. These forms of education are transcending borders and traversing boundaries of space and time. The evolution of information technology in the context of Industry 4.0 has transformed education rapidly and, at the same time, resulted in new problems. This paper discusses the role, the importance and the relationship between lecturers (in universities) and e-lecturers (in the virtual reality environment) when implementing cross-border education. In addition, the article also mentions the changes of universities, lecturers, curriculums and teaching methods when deploying distance e-learning programs in Industry 4.0. The article uses conceptual model, diagrams and interdisciplinary methods such as education, culture, science and technology to investigate e-lecturers’ concept and provide solutions for improving the capacity of lecturers and the quality of teaching cross-border training programs in universities.

scholarly journals Integration of Pedagogical and Production Factors in the Process of the Formation of Industry 4.0

TEM Journal ◽  
2021 ◽  
pp. 1964-1970
Author(s):  
Nikolay Chapaev ◽  
Olga Akimova ◽  
Yevgeniy Dorozhkin ◽  
Andrey Efanov ◽  
Ekaterina Bychkova
Keyword(s):  
Industry 4.0 ◽  
Industrial Revolution ◽  
Rapid Development ◽  
Student Assessment ◽  
Teacher Assessment ◽  
Educational Process ◽  
Production Factors ◽  
Ancient Times ◽  
Relationship Of ◽  
The Relationship

The rapid development of Industry 4.0 as a result of the Fourth Industrial Revolution brings back the relationship of pedagogy and production to mutual integration that has been their characteristic since ancient times. The study revealed high digital readiness of students (4.24 according to the student assessment and 2.82 according to the teacher assessment on a 5- point scale) and very low readiness of production to accept integrated learning (1.68 and 2.67, respectively), as well as the poor digitalization of the educational process according to the students and teachers, who are more closely familiar with the reality of production (2.03 and 2.45, respectively).

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.

Industry 4.0 and Its Effects on the Insurance Sector

2020 ◽  
pp. 251-266
Author(s):  
İsmail Yıldırım
Keyword(s):  
Industry 4.0 ◽  
Industrial Revolution ◽  
New Technologies ◽  
Production Systems ◽  
Insurance Industry ◽  
Insurance Companies ◽  
Daily Lives ◽  
Insurance Sector ◽  
Organization And Management ◽  
Production Order

Industry 4.0 defines the fourth industrial revolution, a new level in the organization and management of products and production systems. This cycle consists of services that include the entire chain, including individualized customer requests, product development, production order, distribution, and recycling to the end user. One of the most important preconditions for the realization of the Industry 4.0 revolution is that companies have completed their digital transformations. New technologies and digitalization have brought a new understanding of insurance. Insurance companies are focused on four areas such as big data, artificial intelligence, internet of objects, and blockchain in the changing world. With the changing habits of consumers in their daily lives, new generation insurance needs emerged. The introduction of a new era shaped by the insurance industry with new products, services, competitors, and customer expectations will have various effects. This chapter describes how Industry 4.0 transforms the insurance sector.

Emerging Trends and Opportunities for Industry Development at the Sub-National Level in Russia

2019 ◽  
pp. 342-363 ◽  
Author(s):  
Leyla A. Gamidullaeva ◽  
Natalia S. Merkulova ◽  
Ludmila I. Kryachkova ◽  
Zoya A. Kondratieva ◽  
Yulia A. Efimova ◽  
...  
Keyword(s):  
Industry 4.0 ◽  
Industrial Revolution ◽  
National Level ◽  
Climatic Conditions ◽  
Strong Impact ◽  
Emerging Trends ◽  
Level Of Economic Development ◽  
Level Of Knowledge ◽  
The Relationship

The authors believe that the transition to Industry 4.0 will have a strong impact on the level of urbanization in Russia. The level of urbanization is influenced by many factors, which include the level of economic development of the country, migration of the population, natural and climatic conditions. The highest level of urbanization is typical for industrialized regions. This suggests that it is necessary to develop industry and move to Industry 4.0. The purpose of this chapter is to show the relationship between urbanization and Industry 4.0, as well as to increase the level of knowledge about digital production, the internet of things, the Industry 4.0, and urbanization. The chapter explains the role of Industry 4.0 in the current changing environment. The chapter deals with the most important problems and opportunities of the fourth industrial revolution.

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