Innovation performs an essential role in organizations, sectors, countries. The key features of Industry 4.0 are collaboration and integration of schemes, both horizontal and vertical. Industry 4.0 brings significant advantages to organizations, including real-time data analysis, increased visibility, autonomous monitoring, enhanced productivity, and competitiveness. Findings – This study concluded that Industry 4.0 describes a future production system’s vision it is an inevitable revolution and radical change, covering a wide range of innovative technologies, and all sectors. For the research methodology, a critical literature review is performed, we relied on the recent studies related to industry 4.0.
This chapter aims to analyze the Industry 4.0 framework, identify the definition and drivers of the Industry 4.0 paradigm, discuss its potential effect, and determine obstacles of the Industry 4.0.
0 kommentar(er)
