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A Complex View of Industry 4.0

Vasja Roblek, +2 more
- 01 Jun 2016 - 
- Vol. 6, Iss: 2, pp 2158244016653987-2158244016653987
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TLDR
In this paper, the authors focus on the importance and influence of Industry 4.0 and consequently the Internet-connected technologies for the creation of value added for organizations and society, and investigate the changes that will result from Industry4.0 with the development of the Internet of things.
Abstract
This article is focused on the importance and influence of Industry 4.0 and consequently the Internet-connected technologies for the creation of value added for organizations and society. The contribution of the article is mainly conceptual. With the development of the Internet, the Internet of things that is central to the new industrial revolution has led to “Industry 4.0.” The aim of this article is to synthesize the known theory and practices of Industry 4.0, and to investigate the changes that will result from Industry 4.0 and with the development of the Internet of things.

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Citations
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Dynamic capabilities and institutional theories for Industry 4.0 and digital supply chain

TL;DR: In this paper, the firm's orientation in adopting Industry 4.0 and digital supply chain is explored and Institutional theory and dynamic capabilities view theory are used to explain the theoretical framework.
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Challenges and Driving Forces for Industry 4.0 Implementation

TL;DR: In this paper, the authors provide a deeper analysis of the level of digital transformation of companies in Serbia based on a digital maturity model, and examine their managers' opinions on the most important driving forces and implementation barriers.
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From Artificial Intelligence to Explainable Artificial Intelligence in Industry 4.0: A Survey on What, How, and Where

TL;DR: A comprehensive survey of AI and XAI-based methods adopted in the Industry 4.0 scenario is presented in this article , where the authors discuss the opportunities and challenges that elicit future research directions toward responsible or human-centric AI-based systems, essential for adopting highstakes industry applications.
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The Emergence and Rise of Industry 4.0 Viewed through the Lens of Management Fashion Theory

TL;DR: A critical outside-in look at the emergence and rise of the Industry 4.0 (I4.0) concept is provided in this paper, which is concerned with the fourth industrial revolution in manufacturing, in which technological trends such as digitalization, automation and artificial intelligence are transforming production processes.
References
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Book

The Knowledge Creating Company

TL;DR: The Japanese companies, masters of manufacturing, have also been leaders in the creation, management, and use of knowledge-especially the tacit and often subjective insights, intuitions, and ideas of employees as discussed by the authors.
Journal ArticleDOI

The Internet of Things: A survey

TL;DR: This survey is directed to those who want to approach this complex discipline and contribute to its development, and finds that still major issues shall be faced by the research community.
Journal Article

How Smart, Connected Products Are Transforming Competition

TL;DR: Porter and Heppelmann as discussed by the authors provide a framework for developing strategy and achieving competitive advantage in a smart, connected world by providing a broad set of new strategic choices for companies about how value is created and captured.
Journal ArticleDOI

The Internet of Things (IoT): Applications, investments, and challenges for enterprises

TL;DR: Five IoT technologies that are essential in the deployment of successful IoT-based products and services are presented and three IoT categories for enterprise applications used to enhance customer value are discussed and the real option approach is illustrated.
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