scholarly journals Exploring Readiness of SMEs for Industry 4.0

Author(s):  
Natalie Grufman ◽  
◽  
Sinéad Lyons ◽  
Eriks Sneiders ◽  
◽  
...  

Industry 4.0 is considered to be the fourth industrial revolution and involves virtual and physical systems that are interconnected and collaborate in an autonomous way. Industry 4.0 is a relatively new concept within computer science and raises interest on how to make use of technologies included in the concept and profit from them. This article investigates Industry 4.0 in the context of SMEs: the opportunities and challenges that Industry 4.0 poses upon SMEs, as well as readiness of SMEs for Industry 4.0 are considered. The data collection and analysis methods were literature review with grounded theory. In the result, the main challenges proved being of organizational nature: SMEs need help with company-specific strategies for implementing Industry 4.0; and SMEs need skilled employees. The opportunities are flexibility and openness to innovation, which are pertinent to SMEs; cloud computing; and public investments into technology and adoption of Industry 4.0 by companies. The readiness of SMEs for Industry 4.0 is still somewhat low – they are still learners.

Author(s):  
John Gyang Chaka ◽  
Mudaray Marimuthu

Cloud computing enables end users to make use of third party's resources to support their computing needs. The services offered by cloud computing make the technology very critical to the fourth industrial revolution. The benefits include cost minimization, scalability of services, speed, integration and higher data management, low innovation risk, and quicker response to organizational needs, among others. However, these benefits have been threatened by a number of security threats. This chapter seeks to curtail the effects of these threats by enlightening and educating users on the current ways to mitigate them. The chapter first defines cloud computing and highlights its relevance or benefits to businesses in the fourth industrial revolution. In addition, various security threats that are associated with cloud computing are brought to the fore. Thereafter, various measures that are used to mitigate the threats are discussed. The chapter concludes that with adequate enlightenment, the full benefits of cloud computing in industry 4.0 would be better enjoyed by users.


Author(s):  
Robert Lawrence Wichmann ◽  
Boris Eisenbart ◽  
Kilian Gericke

AbstractWith the rapid success of the digital enterprises in the 21st Century, industrial manufacturing is expected to be approaching the fourth industrial revolution, coined Industry 4.0 (I4.0). The instrumental technology that will drive this evolution is the integration of the physical and digital factory into one cyber physical system. There is consensus among academics and industry alike that there will be an integral paradigm shift in how offerings will be developed and manufactured. While there is much confidence that the future factory will have unprecedented capabilities to satisfy complex customer demands, there is little agreement on how individual organisations can utilise these trends. This paper presents a literature review identifying reoccurring themes and trends of I4.0 and their expected effect on future manufacturing. Central characteristics, challenges and opportunities are identified and discussed. The findings can provide support in developing actionable strategies for industry to direct I4.0 endeavours.


Author(s):  
Petar Radanliev ◽  
David De Roure ◽  
Jason R.C. Nurse ◽  
Razvan Nicolescu ◽  
Michael Huth ◽  
...  

The world is currently experiencing the fourth industrial revolution driven by the newest wave of digitisation in the manufacturing sector. The term Industry 4.0 (I4.0) represents at the same time: a paradigm shift in industrial production, a generic designation for sets of strategic initiatives to boost national industries, a technical term to relate to new emerging business assets, processes and services, and a brand to mark a very particular historical and social period. I4.0 is also referred to as Industrie 4.0 the New Industrial France, the Industrial Internet, the Fourth Industrial Revolution and the digital economy. These terms are used interchangeably in this text. The aim of this article is to discuss major developments in this space in relation to the integration of new developments of IoT and cyber physical systems in the digital economy, to better understand cyber risks and economic value and risk impact. The objective of the paper is to map the current evolution and its associated cyber risks for the digital economy sector and to discuss the future developments in the Industrial Internet of Things and Industry 4.0.


Author(s):  
Ravdeep Kour

The convergence of information technology (IT) and operational technology (OT) and the associated paradigm shift toward fourth industrial revolution (aka Industry 4.0) in companies has brought tremendous changes in technology vision with innovative technologies such as robotics, big data, cloud computing, online monitoring, internet of things (IoT), cyber-physical systems (CPS), cognitive computing, and artificial intelligence (AI). However, this transition towards the fourth industrial revolution has many benefits in productivity, efficiency, revenues, customer experience, and profitability, but also imposes many challenges. One of the challenges is to manage and secure large amount of data generated from internet of things (IoT) devices that provide many entry points for hackers in the form of a threat to exploit new and existing vulnerabilities within the network. This chapter investigates various cybersecurity issues and challenges in Industry 4.0 with more focus on three industrial case studies.


Author(s):  
Alexander Vestin ◽  
Kristina Säfsten ◽  
Malin Löfving

A fourth industrial revolution is prophesied, and there is a potential for the industrialized world to proactively adapt suitable practices. Despite the large interest from both industry and academia, a drawback with the vast literature on initiatives that tap into the fourth industrial revolution, Industry 4.0 and alike, is the fuzziness when it comes to terminology and content. The terms are mixed up, and sometimes used interchangeable and the constituent parts are not fully described. The purpose of this paper is to present the content of initiatives related to the fourth industrial revolution in a structured manner. This is expected to support understanding for the content of the fourth industrial revolution and thereby facilitate the transformation. The results presented in this paper is based on a traditional literature review. In total 13 relevant review papers were identified. The identified papers were analyzed, and a framework was developed including technologies and design principles. In total, eleven technologies and twelve design principles were identified for Industry 4.0. The most frequently occurring technologies were Cyber physical systems, Internet of Things, and Big data. The most frequently occurring design principles were Smart factory, Service orientation and Sustainability and resource efficiency. A categorization of the content into technologies and design principles clarify and structures the content of Industry 4.0. The developed framework can support academics in identifying, describing, and selecting Industry 4.0 scenarios for further investigations. For practitioners, the framework can give a basic understanding and some guidance in their implementation journey of Industry 4.0.


2020 ◽  
Vol 27 (3) ◽  
Author(s):  
Felipe de Campos Martins ◽  
Alexandre Tadeu Simon ◽  
Renan Stenico de Campos

Abstract: The Supply Chain has undergone major transformations due to the need to implement new Industry 4.0 technologies, such as Internet of Things, Big Data, Cyber-Physical Systems and Cloud Computing. Thanks to these technologies, as well as to their subsystems and components, full integration of the supply chain is becoming possible. However, it is observed that the real impacts of Industry 4.0 technologies, rather positive or negative, are not yet totally clear and identified. This paper aims to identify and present an analysis of the challenges and obstacles that Industry 4.0 technologies may cause in the Supply Chain. For this, the most relevant papers on the topic were selected and analyzed through a systematic literature review. Twenty challenges grouped into four macrogroups were identified: (1) technical challenges, (2) financial, environmental and legal challenges, (3) technological challenges, and (4) sociocultural challenges. It should be noted that these challenges require greater attention and more in-depth studies on the part of the academy to support industry in order to mitigate them and thus allow better use of the available technological resources and optimize the performance of Supply Chain operations.


2021 ◽  
Vol 346 ◽  
pp. 03050
Author(s):  
Mariya Ostapenko ◽  
Vladlena Nazarova

The fourth industrial revolution, associated with the introduction of robotics, cyber-physical systems, artificial intelligence, neural networks, affects all spheres of human life. There is a need for specialists with the appropriate skills. The article discusses the elements of Industry 4.0: Internet of Things, robotization, PLM system. The impact of digitalization on the educational sector is also considered.


2019 ◽  
pp. 1-30
Author(s):  
John Gyang Chaka ◽  
Mudaray Marimuthu

Cloud computing enables end users to make use of third party's resources to support their computing needs. The services offered by cloud computing make the technology very critical to the fourth industrial revolution. The benefits include cost minimization, scalability of services, speed, integration and higher data management, low innovation risk, and quicker response to organizational needs, among others. However, these benefits have been threatened by a number of security threats. This chapter seeks to curtail the effects of these threats by enlightening and educating users on the current ways to mitigate them. The chapter first defines cloud computing and highlights its relevance or benefits to businesses in the fourth industrial revolution. In addition, various security threats that are associated with cloud computing are brought to the fore. Thereafter, various measures that are used to mitigate the threats are discussed. The chapter concludes that with adequate enlightenment, the full benefits of cloud computing in industry 4.0 would be better enjoyed by users.


2021 ◽  
Vol 13 (5) ◽  
pp. 2683
Author(s):  
Maria Kozlovska ◽  
Daria Klosova ◽  
Zuzana Strukova

In recent years, due to the rapid development of the fourth industrial revolution and new platforms of information technologies, intelligent systems have received widespread attention in many industries and have brought the potential to improve the efficiency of the construction industry. These facts led to the appearance of a new concept in construction industry called Construction 4.0. Therefore, this article seeks to explore the state of implementation of Industry 4.0 technologies in the construction industry and analyze their impact on the formation of the Construction 4.0 concept. In order to achieve the aim of this article, a literature review was conducted using the most relevant publication in this field. Moreover, authors carried out a bibliometric analysis among 195 selected research articles related to the Industry 4.0 and Construction 4.0 to identify interconnections between these concepts. The results show that Industry 4.0 has the greatest impact on productivity growth in construction and that interest in digital technologies is growing every year, but their penetration into the construction industry is currently slow and limited. The authors suggest that further research needs to be focused on future ethical issues that may arise and on synergies between Construction 4.0 technologies.


Complexity ◽  
2021 ◽  
Vol 2021 ◽  
pp. 1-22
Author(s):  
Róbert Csalódi ◽  
Zoltán Süle ◽  
Szilárd Jaskó ◽  
Tibor Holczinger ◽  
János Abonyi

The Fourth Industrial Revolution means the digital transformation of production systems. Cyber-physical systems allow for the horizontal and vertical integration of these production systems as well as the exploitation of the benefits via optimization tools. This article reviews the impact of Industry 4.0 solutions concerning optimization tasks and optimization algorithms, in addition to the identification of the new R&D directions driven by new application options. The basic organizing principle of this overview of the literature is to explore the requirements of optimization tasks, which are needed to perform horizontal and vertical integration. This systematic review presents content from 900 articles on Industry 4.0 and optimization as well as 388 articles on Industry 4.0 and scheduling. It is our hope that this work can serve as a starting point for researchers and developers in the field.


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