Industry 5.0: Prospect and retrospect

Industry 5.0 and Society 5.0—Comparison, complementation and co-evolution

Industry 4.0 is a set of technologies that companies require to promote innovation strategies and obtain a rapid response in dynamic markets. It focuses mainly on interconnectivity, digital technology, predictive analytics and machine learning to revolutionize the way companies operate and develop. Therefore, this article proposes and motivates the implementation of Industry 4.0 in organizations. Studying the state of the art and reviewing the current situation of business intelligence (BI) technology, the way it has positively impacted organizations at the economic and business level in terms of decision-making and some success stories implemented in different business, academic, social and governmental environments. Moreover, it addresses the future expected for Industry 4.0 primarily in BI and how companies should face this revolution. This article provides knowledge contribution about the current state and positive consequences of Industry 4.0, and high development in technology when implemented in the organization and the harmonization between production and intelligent digital technology.

Business Intelligence: Business Evolution after Industry 4.0

In the era of Industry 4.0, manufacturing and production systems were revolutionized by increasing operational efficiency and developing and implementing new business models, services, and products. Concretely, the milestone set for Industry 4.0 was to improve the sustainability and efficiency of production systems. By extension, the emphasis was focused on both the digitization and the digitalization of systems, providing room for further improvement. However, the current technological evolution is more system/machine-oriented, rather than human-oriented. Thus, several countries have begun orchestrating initiatives towards the design and development of the human-centric aspect of technologies, systems, and services, which has been coined as Industry 5.0. The impact of Industry 5.0 will extend to societal transformation, which eventually leads to the generation of a new society, the Society 5.0. The developments will be focused on the social and human-centric aspect of the tools and technologies introduced under the framework of Industry 4.0. Therefore, sustainability and human well-being will be at the heart of what comes next, the Industry 5.0, as a subset of Society 5.0. Industry 5.0 will build on the foundations laid during Industry 4.0 by emphasizing human-centered, resilient, and sustainable design. Consequently, the authors in this research work, through a critical literature review, aim to provide adequate reasoning for considering Industry 5.0 as a framework for enabling the coexistence of industry and emerging societal trends and needs. The contribution of this research work extends to the provision of a framework to facilitate the transition from Industry 4.0 to Society 5.0.

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A Literature Review of the Challenges and Opportunities of the Transition from Industry 4.0 to Society 5.0

Toward human-centric smart manufacturing: A human-cyber-physical systems (HCPS) perspective

This document discusses the Japanese context of Society 5.0. Based on a society-centered approach, Society 5.0 seeks to take advantage of technological advances to finally solve the problems that currently threaten Japan, such as aging, birth rates and lack of competitiveness, among others. Additionally, another objective is to contribute to the progress of the country and develop the foundations for a better world, in which no individual can be excluded from the technological advances of our current society, to achieve this goal, the Sustainable Development Goals (SDG) have been developed. SDGs seek to assess the methods of use of modern technology and thus find the best strategies and tools to use it in a way that guarantees sustainability within the framework of a new society that demands constant renovations.

https://www.mdpi.com/2071-1050/13/12/6567/pdf

Gustavo Adolfo Alomia Peñafiel

Papers

Society 5.0: A Japanese Concept for a Superintelligent Society