Industry 4.0 Transformation Towards Industry 5.0 Paradigm - Challenges, Opportunities and Practices

Industry 4.0 Transformation Towards Industry 5.0 Paradigm - Challenges, Opportunities and Practices
Title Industry 4.0 Transformation Towards Industry 5.0 Paradigm - Challenges, Opportunities and Practices PDF eBook
Author
Publisher BoD – Books on Demand
Pages 180
Release 2024-07-03
Genre Technology & Engineering
ISBN 085466095X

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Industry 4.0 Transformation Towards Industry 5.0 Paradigm - Challenges, Opportunities and Practices critically explores the paradigm change from Industry 4.0's integration of digital technology to Industry 5.0's focus on human-robot collaboration. This book highlights Industry 5.0, the aim of which is to merge human intelligence with robotic capabilities to enhance efficiency and sustainability. This shift entails integrating Industry 5.0 technologies like collaborative robots and Human Digital Twins into production processes for safer and more efficient collaboration. Industry 4.0's influence on the tourism sector highlights the need for human-centric approaches and updated education to transition to the digital tourism era. Similarly, the construction sector, under Construction 4.0, faces organizational challenges in adopting technology. The Technology-Organization-Environment (TOE) framework identifies decision-making factors to facilitate this transition. Transportation 5.0 represents a transformative shift towards Cyber-Physical-Social Transportation Systems, prioritizing ethical and sustainable solutions. It harnesses advanced technologies to improve transportation efficiency while considering social impacts. Nano and Society 5.0 explore nanotechnology's role in advancing societal goals, from personalized health care to sustainable energy. Digital entrepreneurship, propelled by Industry 4.0, faces challenges and opportunities amidst technological evolution and the pandemic's effects. In education, Online Distance e-Learning (OdeL) practices leverage digitalization for interactive learning, emphasizing critical thinking and industry-relevant skills. Overall, Industry 5.0 represents a holistic transformation driven by human intelligence, technology, and sustainability. This book serves as a guide for navigating this transition, providing insights for industry professionals, policymakers, and researchers. It explores the integration of automation with human-centric methods, fostering efficiency, creativity, and sustainability.

The Fourth Industrial Revolution

The Fourth Industrial Revolution
Title The Fourth Industrial Revolution PDF eBook
Author Klaus Schwab
Publisher Crown Currency
Pages 194
Release 2017-01-03
Genre Business & Economics
ISBN 1524758876

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World-renowned economist Klaus Schwab, Founder and Executive Chairman of the World Economic Forum, explains that we have an opportunity to shape the fourth industrial revolu­tion, which will fundamentally alter how we live and work. Schwab argues that this revolution is different in scale, scope and complexity from any that have come before. Characterized by a range of new technologies that are fusing the physical, digital and biological worlds, the developments are affecting all disciplines, economies, industries and governments, and even challenging ideas about what it means to be human. Artificial intelligence is already all around us, from supercomputers, drones and virtual assistants to 3D printing, DNA sequencing, smart thermostats, wear­able sensors and microchips smaller than a grain of sand. But this is just the beginning: nanomaterials 200 times stronger than steel and a million times thinner than a strand of hair and the first transplant of a 3D printed liver are already in development. Imagine “smart factories” in which global systems of manu­facturing are coordinated virtually, or implantable mobile phones made of biosynthetic materials. The fourth industrial revolution, says Schwab, is more significant, and its ramifications more profound, than in any prior period of human history. He outlines the key technologies driving this revolution and discusses the major impacts expected on government, business, civil society and individu­als. Schwab also offers bold ideas on how to harness these changes and shape a better future—one in which technology empowers people rather than replaces them; progress serves society rather than disrupts it; and in which innovators respect moral and ethical boundaries rather than cross them. We all have the opportunity to contribute to developing new frame­works that advance progress.

Digital Transformation in Smart Manufacturing

Digital Transformation in Smart Manufacturing
Title Digital Transformation in Smart Manufacturing PDF eBook
Author Antonella Petrillo
Publisher BoD – Books on Demand
Pages 158
Release 2018-02-28
Genre Business & Economics
ISBN 9535138413

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The purpose of this book is to provide an overview of the new industrial revolution: the "Industry 4.0." Globalization and competitiveness are forcing companies to review and improve their production processes. Industry 4.0 is a revolution that involves many different sectors and is still evolving. It represents the integration of tools already used in the past (big data, cloud, robot, 3D printing, simulation, etc.) that are now connected to a smart network by transmitting digital data at high speeds. The implementation of a 4.0 system represents a huge change for companies, which are faced with big investments. The idea of the book is to present practices, challenges, and opportunities related to the Industry 4.0. This book is intended to be a useful resource for anyone who deals with this issue.

Industry 4.0 for SMEs

Industry 4.0 for SMEs
Title Industry 4.0 for SMEs PDF eBook
Author Dominik T. Matt
Publisher Springer Nature
Pages 435
Release 2020-01-03
Genre Business & Economics
ISBN 3030254259

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This open access book explores the concept of Industry 4.0, which presents a considerable challenge for the production and service sectors. While digitization initiatives are usually integrated into the central corporate strategy of larger companies, smaller firms often have problems putting Industry 4.0 paradigms into practice. Small and medium-sized enterprises (SMEs) possess neither the human nor financial resources to systematically investigate the potential and risks of introducing Industry 4.0. Addressing this obstacle, the international team of authors focuses on the development of smart manufacturing concepts, logistics solutions and managerial models specifically for SMEs. Aiming to provide methodological frameworks and pilot solutions for SMEs during their digital transformation, this innovative and timely book will be of great use to scholars researching technology management, digitization and small business, as well as practitioners within manufacturing companies.

Industry 4.0: Managing The Digital Transformation

Industry 4.0: Managing The Digital Transformation
Title Industry 4.0: Managing The Digital Transformation PDF eBook
Author Alp Ustundag
Publisher Springer
Pages 293
Release 2017-09-14
Genre Technology & Engineering
ISBN 3319578707

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This book provides a comprehensive guide to Industry 4.0 applications, not only introducing implementation aspects but also proposing a conceptual framework with respect to the design principles. In addition, it discusses the effects of Industry 4.0, which are reflected in new business models and workforce transformation. The book then examines the key technological advances that form the pillars of Industry 4.0 and explores their potential technical and economic benefits using examples of real-world applications. The changing dynamics of global production, such as more complex and automated processes, high-level competitiveness and emerging technologies, have paved the way for a new generation of goods, products and services. Moreover, manufacturers are increasingly realizing the value of the data that their processes and products generate. Such trends are transforming manufacturing industry to the next generation, namely Industry 4.0, which is based on the integration of information and communication technologies and industrial technology.The book provides a conceptual framework and roadmap for decision-makers for this transformation

Logistics 4.0

Logistics 4.0
Title Logistics 4.0 PDF eBook
Author Turan Paksoy
Publisher CRC Press
Pages 369
Release 2020-12-17
Genre Technology & Engineering
ISBN 1000245101

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Industrial revolutions have impacted both, manufacturing and service. From the steam engine to digital automated production, the industrial revolutions have conduced significant changes in operations and supply chain management (SCM) processes. Swift changes in manufacturing and service systems have led to phenomenal improvements in productivity. The fast-paced environment brings new challenges and opportunities for the companies that are associated with the adaptation to the new concepts such as Internet of Things (IoT) and Cyber Physical Systems, artificial intelligence (AI), robotics, cyber security, data analytics, block chain and cloud technology. These emerging technologies facilitated and expedited the birth of Logistics 4.0. Industrial Revolution 4.0 initiatives in SCM has attracted stakeholders’ attentions due to it is ability to empower using a set of technologies together that helps to execute more efficient production and distribution systems. This initiative has been called Logistics 4.0 of the fourth Industrial Revolution in SCM due to its high potential. Connecting entities, machines, physical items and enterprise resources to each other by using sensors, devices and the internet along the supply chains are the main attributes of Logistics 4.0. IoT enables customers to make more suitable and valuable decisions due to the data-driven structure of the Industry 4.0 paradigm. Besides that, the system’s ability of gathering and analyzing information about the environment at any given time and adapting itself to the rapid changes add significant value to the SCM processes. In this peer-reviewed book, experts from all over the world, in the field present a conceptual framework for Logistics 4.0 and provide examples for usage of Industry 4.0 tools in SCM. This book is a work that will be beneficial for both practitioners and students and academicians, as it covers the theoretical framework, on the one hand, and includes examples of practice and real world.

Closing the Gap Between Practice and Research in Industrial Engineering

Closing the Gap Between Practice and Research in Industrial Engineering
Title Closing the Gap Between Practice and Research in Industrial Engineering PDF eBook
Author Elisabeth Viles
Publisher Springer
Pages 380
Release 2017-08-17
Genre Technology & Engineering
ISBN 331958409X

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This book presents the proceedings of the XXII International Conference on Industrial Engineering and Operations Management, International IIE Conference 2016, and International AIM Conference 2016. This joint conference is a result of an agreement between ADINGOR (Asociación para el Desarrollo de la Ingeniería de Organización), ABEPRO (Associação Brasileira de Engenharia de Produção), AIM (European Academy for Industrial Management) and the IIE (Institute of Industrial Engineers), and took place at TECNUN-School of Engineering (San Sebastián, Spain) from July 13th to 15th, 2016. The book includes the latest research advances and cutting-edge analyses of real case studies in Industrial Engineering and Operations Management from diverse international contexts, while also identifying concrete business applications for the latest findings and innovations in operations management and the decisions sciences.