Technological Developments

2021 ◽  
pp. 1464-1487
Author(s):  
Hande Mutlu Ozturk
Keyword(s):  
Industry 4.0 ◽  
Industrial Revolution ◽  
Industrial Sector ◽  
The Past ◽  
Industrial Sectors ◽  
Tourism Sector ◽  
Technological Developments ◽  
The Impact

Technological developments in recent years have been affecting the lives of people and societies more rapidly than in the past. Developments in the field of communication, robotics, transportation, etc. are called the 4th Industrial Revolution or Industry 4.0 in the industrial sector. Technological developments have created great changes in the services and industrial sectors. Industry 4.0 has also led to changes in the transformation of the tourism sector and is likely to occur in future processes. This chapter examines the impact of Industry 4.0 on the tourism sector.

Technological Developments

2020 ◽  
pp. 205-228
Author(s):  
Hande Mutlu Ozturk
Keyword(s):  
Industry 4.0 ◽  
Industrial Revolution ◽  
Industrial Sector ◽  
The Past ◽  
Industrial Sectors ◽  
Tourism Sector ◽  
Technological Developments ◽  
The Impact

Technological developments in recent years have been affecting the lives of people and societies more rapidly than in the past. Developments in the field of communication, robotics, transportation, etc. are called the 4th Industrial Revolution or Industry 4.0 in the industrial sector. Technological developments have created great changes in the services and industrial sectors. Industry 4.0 has also led to changes in the transformation of the tourism sector and is likely to occur in future processes. This chapter examines the impact of Industry 4.0 on the tourism sector.

scholarly journals Industry 4.0 Disruption and Its Neologisms in Major Industrial Sectors: A State of the Art

2020 ◽  
Vol 2020 ◽  
pp. 1-45 ◽  
Author(s):  
Ocident Bongomin ◽  
Aregawi Yemane ◽  
Brendah Kembabazi ◽  
Clement Malanda ◽  
Mwewa Chikonkolo Mwape ◽  
...  
Keyword(s):  
Industry 4.0 ◽  
Industrial Revolution ◽  
Industrial Sector ◽  
Disruptive Technology ◽  
Logistics Industry ◽  
Disruptive Technologies ◽  
Industrial Sectors ◽  
Agriculture Industry ◽  
Education Industry ◽  
Technology Convergence

Very well into the dawn of the fourth industrial revolution (industry 4.0), humankind can hardly distinguish between what is artificial and what is natural (e.g., man-made virus and natural virus). Thus, the level of discombobulation among people, companies, or countries is indeed unprecedented. The fact that industry 4.0 is explosively disrupting or retrofitting each and every industrial sector makes industry 4.0 the famous buzzword amongst researchers today. However, the insight of industry 4.0 disruption into the industrial sectors remains ill-defined in both academic and nonacademic literature. The present study aimed at identifying industry 4.0 neologisms, understanding the industry 4.0 disruption and illustrating the disruptive technology convergence in the major industrial sectors. A total of 99 neologisms of industry 4.0 were identified. Industry 4.0 disruption in the education industry (education 4.0), energy industry (energy 4.0), agriculture industry (agriculture 4.0), healthcare industry (healthcare 4.0), and logistics industry (logistics 4.0) was described. The convergence of 12 disruptive technologies including 3D printing, artificial intelligence, augmented reality, big data, blockchain, cloud computing, drones, Internet of Things, nanotechnology, robotics, simulation, and synthetic biology in agriculture, healthcare, and logistics industries was illustrated. The study divulged the need for extensive research to expand the application areas of the disruptive technologies in the industrial sectors.

The Internet of Things and Cultural Heritage

2022 ◽  
pp. 85-102
Author(s):  
Aybuke Ceyhun Sezgin ◽  
Elif Esma Karaman
Keyword(s):  
Internet Of Things ◽  
Cultural Heritage ◽  
Industry 4.0 ◽  
Industrial Revolution ◽  
Human Life ◽  
The Internet ◽  
Tourism Sector ◽  
Technological Developments ◽  
Effective Use ◽  
The Internet Of Things

The last point reached in today's technology revolutions is the fourth level industrial revolution. This revolution is called Industry 4.0. Many new generation technologies such as the internet of things, artificial intelligence, internet services, augmented reality, smart objects, and business sector branches have been included in human life. Industry 4.0 technologies have an effective use in many areas of our lives. The tourism sector, which is in constant interaction with people, is also affected by these technological developments. For this reason, businesses should perceive the internet of things well and need to introduce various applications to their businesses to provide the best service to their potential customers. In this chapter, after giving information about the internet of things, cultural heritage, digital transformation practices in the tourism sector, and smart tourists are discussed.

scholarly journals The Hype and Disruptive Technologies of Industry 4.0 in Major Industrial Sectors: A State of the Art

2020 ◽  
Author(s):  
Ocident Bongomin ◽  
Aregawi Yemane ◽  
Brendah Kembabazi ◽  
Clement Malanda ◽  
Mwewa Chikonkolo Mwape ◽  
...  
Keyword(s):  
Industry 4.0 ◽  
Industrial Revolution ◽  
Industrial Sector ◽  
Logistics Industry ◽  
Academic Literature ◽  
Disruptive Technologies ◽  
Industrial Sectors ◽  
Agriculture Industry ◽  
Education Industry ◽  
Natural Virus

Very well into the dawn of the fourth industrial revolution (industry 4.0), we hardly distinguish between what is artificial and what is natural (e.g. man-made virus and natural virus). Thus, the level of discombobulation among people, companies or countries is indeed unprecedented. The fact that industry 4.0 is explosively disrupting or retrofitting each and every industrial sector, makes industry 4.0 the famous buzzword amongst researchers today. However, the insight of industry 4.0 disruption in the industrial sectors remains ill-defined in both academic and non-academic literature. The present study aimed at identifying industry 4.0 neologisms, understanding the industry 4.0 disruption and illustrating the disruptive technologies convergence in the major industrial sectors. A total of 99 neologisms of industry 4.0 were identified. Industry 4.0 disruption in Education industry (Education 4.0), Energy industry (Energy 4.0), Agriculture industry (Agriculture 4.0), Healthcare industry (Healthcare 4.0), and Logistics industry (Logistics 4.0) are described. The convergence of 12 disruptive technologies including 3D printing, Artificial intelligence, Augmented reality, Big Data, Blockchain, Cloud computing, Drones, Internet of things, Nanotechnology, Robotics, Simulation and Synthetic biology in agriculture, healthcare and logistics industries are illustrated.

THE FOURTH INDUSTRIAL REVOLUTION (INDUSTRY 4.0) A SOCIAL INNOVATION PERSPECTIVE

2018 ◽  
Author(s):  
Klaus Schwab
Keyword(s):  
Industry 4.0 ◽  
Industrial Revolution ◽  
Social Innovation ◽  
Holistic Approach ◽  
Socioeconomic Impact ◽  
Fourth Industrial Revolution ◽  
Technological Developments ◽  
Rapid Pace ◽  
Sustainable System ◽  
Industrial Revolutions

The rapid pace of technological developments played a key role in the previous industrial revolutions. However, the fourth industrial revolution (Industry 4.0) and its embedded technology diffusion progress is expected to grow exponentially in terms of technical change and socioeconomic impact. Therefore, coping with such transformation require a holistic approach that encompasses innovative and sustainable system solutions and not just technological ones. In this article, we propose a framework that can facilitate the interaction between technological and social innovation to continuously come up with proactive, and hence timely, sustainable strategies. These strategies can leverage economic rewards, enrich society at large, and protect the environment. The new forthcoming opportunities that will be generated through the next industrial wave are gigantic at all levels. However, the readiness for such revolutionary conversion require coupling the forces of technological innovation and social innovation under the sustainability umbrella.

scholarly journals Connectivity as a Design Feature for Industry 4.0 Production Equipment: Application for the Development of an In-Line Metrology System

2021 ◽  
Vol 11 (3) ◽  
pp. 1312
Author(s):  
Ana Pamela Castro-Martin ◽  
Horacio Ahuett-Garza ◽  
Darío Guamán-Lozada ◽  
Maria F. Márquez-Alderete ◽  
Pedro D. Urbina Coronado ◽  
...  
Keyword(s):  
Industry 4.0 ◽  
Design Feature ◽  
Production Equipment ◽  
Smart Manufacturing ◽  
Process Data ◽  
Industrial Sectors ◽  
Advanced Manufacturing Technologies ◽  
Manufacturing Technologies ◽  
Equipment Application ◽  
The Impact

Industry 4.0 (I4.0) is built upon the capabilities of Internet of Things technologies that facilitate the recollection and processing of data. Originally conceived to improve the performance of manufacturing facilities, the field of application for I4.0 has expanded to reach most industrial sectors. To make the best use of the capabilities of I4.0, machine architectures and design paradigms have had to evolve. This is particularly important as the development of certain advanced manufacturing technologies has been passed from large companies to their subsidiaries and suppliers from around the world. This work discusses how design methodologies, such as those based on functional analysis, can incorporate new functions to enhance the architecture of machines. In particular, the article discusses how connectivity facilitates the development of smart manufacturing capabilities through the incorporation of I4.0 principles and resources that in turn improve the computing capacity available to machine controls and edge devices. These concepts are applied to the development of an in-line metrology station for automotive components. The impact on the design of the machine, particularly on the conception of the control, is analyzed. The resulting machine architecture allows for measurement of critical features of all parts as they are processed at the manufacturing floor, a critical operation in smart factories. Finally, this article discusses how the I4.0 infrastructure can be used to collect and process data to obtain useful information about the process.

scholarly journals Effects of Industry 4.0 on the Labor Markets of Iran and Japan

Economies ◽  
2018 ◽  
Vol 6 (3) ◽  
pp. 39 ◽  
Author(s):  
Majid Ziaei Nafchi ◽  
Hana Mohelská
Keyword(s):  
Labor Markets ◽  
Industry 4.0 ◽  
Industrial Revolution ◽  
Developed Countries ◽  
Cyber Physical Systems ◽  
Physical Systems ◽  
Science Technology ◽  
Levels Of Automation ◽  
Technology And Economy ◽  
The Impact

Industry 4.0 is the essence of the fourth Industrial revolution and is happening right now in manufacturing by using cyber-physical systems (CPS) to reach high levels of automation. Industry 4.0 is especially beneficial in highly developed countries in terms of competitive advantage, but causes unemployment because of high levels of automation. The aim of this paper is to find out if the impact of adopting Industry 4.0 on the labor markets of Iran and Japan would be the same, and to make analysis to find out whether this change is possible for Iran and Japan with their current infrastructures, economy, and policies. With the present situation of Iran in science, technology, and economy, it will be years before Iran could, or better say should, implement Industry 4.0. Japan is able to adopt Industry 4.0 much earlier than Iran and with less challenges ahead; this does not mean that the Japanese labor market would not be affected by this change but it means that those effects would not cause as many difficulties as they would for Iran.

scholarly journals THE IMPACT OF THE COVID-19 PANDEMIC ON INDUSTRY 4.0 IN THE CONTEXT OF GLOBAL ECONOMIC DEVELOPMENT

InterConf ◽  
2021 ◽  
pp. 54-59
Author(s):  
Bohdana Hunko
Keyword(s):  
Economic Development ◽  
Industry 4.0 ◽  
Global Economy ◽  
Industrial Revolution ◽  
Negative Consequences ◽  
Negative Effects ◽  
Technology Industry ◽  
World Economic ◽  
The Impact

The paper analyzes the role of Industry 4.0 in the process of overcoming the global economy from the crisis situation associated with the total Covid-19 pandemic. The aspect of economic profitability of using the technologies of the fourth industrial revolution to improve world economic development in the context of the Covid-19 pandemic was also identified. The author identified the positive and negative consequences of the involvement of technology Industry 4.0, on the basis of which a number of recommendations for small and medium-sized businesses were formed in order to quickly overcome the negative effects of the crisis. Based on the work, the author formulated a number of trends and prospects for global economic development, taking into account the current conditions of the Covid-19 pandemic.

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.

The Impact of Cryptocurrencies on the General Powers and Duties of South African Insolvency Practitioners

2021 ◽  
Vol 33 (2) ◽  
pp. 289-318
Author(s):  
Sidasha Singh ◽  
Juanitta Calitz
Keyword(s):  
South African ◽  
Industry 4.0 ◽  
Industrial Revolution ◽  
Insolvency Law ◽  
International Courts ◽  
Fourth Industrial Revolution ◽  
Legal Position ◽  
The Subject ◽  
Regulatory Model ◽  
The Impact

Within the context of the fourth industrial revolution, cryptocurrencies pose several challenges in the framework of corporate insolvency law. In South African law, no statutory framework vis-à-vis cryptocurrencies, such as Bitcoin, currently exists. This has however not prevented entities from engaging in the cryptocurrency market. The specific dilemma is that insolvency practitioners do not have legislative guidelines to assist them in dealing with the subject of cryptocurrencies. Consequently, international judicial developments must be consulted and analysed with the aim to close the gap between the legislature and Industry 4.0. This article unpacks the South African legal position on cryptocurrencies within the context of the statutory powers and duties of insolvency practitioners. It engages in an analysis of selected international courts cases that have dealt with the concept of cryptocurrencies within the context of insolvent estates and continues to make recommendations for the development of an efficient and effective regulatory model.

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