Industry 4.0: proposing a framework

2020 ◽  
Vol 8 (6) ◽  
pp. 250-267
Author(s):  
Carlos Eduardo Silva ◽  
Rodolfo Cardoso ◽  
Ramon Baptista Narcizo ◽  
Luiza Maciel Gonçalves ◽  
Yohana Carvalho
Keyword(s):  
Quantitative Analysis ◽  
Industry 4.0 ◽  
Business Models ◽  
Industrial Revolution ◽  
Future Research ◽  
Fourth Industrial Revolution ◽  
The Subject ◽  
Scopus Database ◽  
Technological Clusters ◽  
Practical Implications

The term Industry 4.0 has gained prominence in academic and business discourses in recent years, having its concept related to the so-called fourth industrial revolution. Goal: The present research aims to develop and present a framework with the concepts of Industry 4.0. Methodology: The study started from a quantitative analysis of the academic articles available in the Scopus database. Subsequently, a qualitative analysis of articles and technical reports (mostly) was carried out to obtain a more applied technological vision in the industry. With this, technological clusters were built and, finally, the Industry 4.0 framework was proposed. Results: As a result, it was possible to establish an overview of the publications, highlighting the main conceptual views of the different terms that converge for the fourth industrial revolution, as well as the main technologies associated with Industry 4.0, systematizing the knowledge in the industry 4.0 framework. Limitations of the investigation: The search has been limited to available and selected papers for reading. Practical implications: The practical contribution has been satisfactorily evaluated to assist future research on the subject. Value: Finally, the main contribution of the work is the creation of a framework that synthesizes and systematizes the relationships among the main characteristics, technologies, products and business models of the 4.0.

Emerging Industrial Revolution: Symbiosis of Industry 4.0 and Circular Economy: The Role of Universities

2020 ◽  
Vol 25 (3) ◽  
pp. 505-525 ◽  
Author(s):  
Seeram Ramakrishna ◽  
Alfred Ngowi ◽  
Henk De Jager ◽  
Bankole O. Awuzie
Keyword(s):  
Economic Growth ◽  
Circular Economy ◽  
Industry 4.0 ◽  
Business Models ◽  
Industrial Revolution ◽  
New Technologies ◽  
Production Systems ◽  
Fourth Industrial Revolution ◽  
New Jobs

Growing consumerism and population worldwide raises concerns about society’s sustainability aspirations. This has led to calls for concerted efforts to shift from the linear economy to a circular economy (CE), which are gaining momentum globally. CE approaches lead to a zero-waste scenario of economic growth and sustainable development. These approaches are based on semi-scientific and empirical concepts with technologies enabling 3Rs (reduce, reuse, recycle) and 6Rs (reuse, recycle, redesign, remanufacture, reduce, recover). Studies estimate that the transition to a CE would save the world in excess of a trillion dollars annually while creating new jobs, business opportunities and economic growth. The emerging industrial revolution will enhance the symbiotic pursuit of new technologies and CE to transform extant production systems and business models for sustainability. This article examines the trends, availability and readiness of fourth industrial revolution (4IR or industry 4.0) technologies (for example, Internet of Things [IoT], artificial intelligence [AI] and nanotechnology) to support and promote CE transitions within the higher education institutional context. Furthermore, it elucidates the role of universities as living laboratories for experimenting the utility of industry 4.0 technologies in driving the shift towards CE futures. The article concludes that universities should play a pivotal role in engendering CE transitions.

The Impact of Cryptocurrencies on the General Powers and Duties of South African Insolvency Practitioners

2021 ◽  
Vol 33 (2) ◽  
pp. 289-318
Author(s):  
Sidasha Singh ◽  
Juanitta Calitz
Keyword(s):  
South African ◽  
Industry 4.0 ◽  
Industrial Revolution ◽  
Insolvency Law ◽  
International Courts ◽  
Fourth Industrial Revolution ◽  
Legal Position ◽  
The Subject ◽  
Regulatory Model ◽  
The Impact

Within the context of the fourth industrial revolution, cryptocurrencies pose several challenges in the framework of corporate insolvency law. In South African law, no statutory framework vis-à-vis cryptocurrencies, such as Bitcoin, currently exists. This has however not prevented entities from engaging in the cryptocurrency market. The specific dilemma is that insolvency practitioners do not have legislative guidelines to assist them in dealing with the subject of cryptocurrencies. Consequently, international judicial developments must be consulted and analysed with the aim to close the gap between the legislature and Industry 4.0. This article unpacks the South African legal position on cryptocurrencies within the context of the statutory powers and duties of insolvency practitioners. It engages in an analysis of selected international courts cases that have dealt with the concept of cryptocurrencies within the context of insolvent estates and continues to make recommendations for the development of an efficient and effective regulatory model.

Industry 4.0 in Pumping Applications

2021 ◽  
pp. 941-954
Author(s):  
Luiz Eduardo Marques Bastos
Keyword(s):  
Working Conditions ◽  
Industry 4.0 ◽  
Business Models ◽  
Industrial Revolution ◽  
Future Research ◽  
Research Directions ◽  
Equipment Operation ◽  
The World ◽  
Future Research Directions ◽  
Traditional Industry

This chapter addresses the so-called Industry 4.0 and some of its applications in industrial pumps, seeking to emphasize its characteristics and benefits. The introduction of 4.0 industry technologies in this traditional industry can cause profound changes in existing business models, providing greater customer satisfaction, either improving the effectiveness of equipment operation, contributing to better adjustment to working conditions, and also prolonging their life cycle. We are still in the early stages of these technologies and a lot is yet to evolve; however, there are already interesting examples developed by some pump manufacturers around the world, some of which will be mentioned in this chapter. It is subdivided into three main parts, namely brief historical panorama from the first industrial revolution to Industry 4.0, current applications in the industrial pump industry, and finally, future research directions and conclusion.

Professional Training in Tourism for the Fourth Industrial Revolution

2021 ◽  
pp. 1699-1710
Author(s):  
Rosa María Rivas García ◽  
Jésica Alhelí Cortés Ruiz
Keyword(s):  
Industry 4.0 ◽  
Professional Training ◽  
Industrial Revolution ◽  
Export Sector ◽  
Fourth Industrial Revolution ◽  
The World ◽  
Tourism Professionals ◽  
World Tourism Organization ◽  
The Subject ◽  
Tourism Organization

At present, the World Tourism Organization indicates that, as a worldwide export category, tourism occupies the third position, behind chemical and fuel products and ahead of the automotive industry. In many developing countries, tourism is the main export sector. Therefore, the purpose of this chapter is to propose an approach to the training of tourism professionals for the fourth industrial revolution, so this chapter proposes an approach to educational competencies in the training of tourism professionals for Industry 4.0 with a focus in sustainable development; initially, the subject of educational competencies in higher education will be described, since derived from these, professional competencies are achieved. Next, the exploration of the concepts of intellectual capital, tourism, and the fourth industrial revolution will be shown; to conclude the authors show the relation of the thematic axes.

Industry 4.0 and digital supply chain capabilities

2019 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Maciel M. Queiroz ◽  
Susana Carla Farias Pereira ◽  
Renato Telles ◽  
Marcio C. Machado
Keyword(s):  
Supply Chain ◽  
Industry 4.0 ◽  
Business Models ◽  
Future Research ◽  
Content Type ◽  
Integrative Framework ◽  
Starting Point ◽  
Narrative Literature ◽  
Practical Implications ◽  
Shed Light

Purpose The Industry 4.0 phenomenon is bringing unprecedented disruptions for all traditional business models and hastening the need for a redesign and digitisation of activities. In this context, the literature concerning the digital supply chain (DSC) and its capabilities are in the early stages. To bridge this gap, the purpose of this paper is to propose a framework for digital supply chain capabilities (DSCCs). Design/methodology/approach This paper uses a narrative literature approach, based on the main Industry 4.0 elements, supply chain and the emerging literature concerning DSC disruptions, to build an integrative framework to shed light on DSCCs. Findings The study identifies seven basic capabilities that shape the DSCC framework and six main enabler technologies, derived from 13 propositions. Research limitations/implications The proposed framework can bring valuable insights for future research development, although it has not been tested yet. Practical implications Managers, practitioners and all involved in the digitalisation phenomenon can utilise the framework as a starting point for other business digitalisation projects. Originality/value This study contributes to advancing the DSC literature, providing a well-articulated discussion and a framework regarding the capabilities, as well as 13 propositions that can generate valuable insights for other studies.

scholarly journals Transformation of the world job market in the conditions of the Fourth Industrial Revolution

2021 ◽  
pp. 8-28
Author(s):  
Elena Viktorovna Shirinkina
Keyword(s):  
Industry 4.0 ◽  
Business Models ◽  
Industrial Revolution ◽  
Job Market ◽  
Scientific Publications ◽  
Job Management ◽  
Business News ◽  
Fourth Industrial Revolution ◽  
The World ◽  
The Impact

The relevance of this research is substantiated by the fact that the world job market is currently under the influence of the Fourth Industrial Revolution (Industry 4.0). The goal lies in assessing the impact of cyclic and unexpected trends upon the job market, and thus, the forms of job management and employment functions. In this regard, analysis is conducted on the academic theories in the context of conceptualization of the impact of Industry 4.0 upon the job market and employment functions. The long-term trends in transformation of the job market are determined. The empirical basis of this research is comprised of the statistical data provided by Rosstat and the Ministry of Science and Higher Education of the Russian Federation, as well as the resources of analytical articles and scientific publications, including the materials of international organizations, leading consulting companies, global associations, leading educational institutions, other active participants of global educational environment, and job market experts. An overview is given to the trends that affect the companies, their strategies and business models; the impact of such trends upon the transformation of current professions and the emergence of new professions; skills required for these professions. The scientific novelty lies in substantiation of the concept of skill-biased technical change (SBTC) and the theory of routine-biased technological change (RBTC). The presented materials would allow the companies to combine business news with fundamental training of specialists for going along the new career trajectiory in light of the new technological challenges, which defines the practical value of this research.

Industry 4.0 in Pumping Applications

2020 ◽  
pp. 83-96
Author(s):  
Luiz Eduardo Marques Bastos
Keyword(s):  
Working Conditions ◽  
Industry 4.0 ◽  
Business Models ◽  
Industrial Revolution ◽  
Future Research ◽  
Research Directions ◽  
Equipment Operation ◽  
The World ◽  
Future Research Directions ◽  
Traditional Industry

This chapter addresses the so-called Industry 4.0 and some of its applications in industrial pumps, seeking to emphasize its characteristics and benefits. The introduction of 4.0 industry technologies in this traditional industry can cause profound changes in existing business models, providing greater customer satisfaction, either improving the effectiveness of equipment operation, contributing to better adjustment to working conditions, and also prolonging their life cycle. We are still in the early stages of these technologies and a lot is yet to evolve; however, there are already interesting examples developed by some pump manufacturers around the world, some of which will be mentioned in this chapter. It is subdivided into three main parts, namely brief historical panorama from the first industrial revolution to Industry 4.0, current applications in the industrial pump industry, and finally, future research directions and conclusion.

The Impact of Unified Communication and Collaboration Technologies on Productivity and Innovation

2020 ◽  
pp. 44-73
Author(s):  
Anthony Bolton ◽  
Leilani Goosen ◽  
Elmarie Kritzinger
Keyword(s):  
Industry 4.0 ◽  
Industrial Revolution ◽  
Cyber Physical Systems ◽  
Future Research ◽  
Research Directions ◽  
Fourth Industrial Revolution ◽  
Emerging Trends ◽  
Future Research Directions ◽  
The Impact ◽  
Collaboration Technologies

Against the background of promoting inclusive growth in the context of the Fourth Industrial Revolution (4IR), the purpose of this chapter is to introduce Industry 4.0 in terms of the impact of Unified Communication and Collaboration (UC&C) technologies on productivity and innovation within a global automotive enterprise. To provide readers with a further overview of, and summarize, the content of the chapter, issues, controversies, problems, and challenges related to Industry 4.0 adoption, including, for example, Cyber-Physical Systems (CPS), are discussed. Solutions and recommendations for dealing with the issues, controversies, and/or problems are presented, and the chapter will also discuss future research directions and emerging trends, together with providing insight about the future of the book's theme from the perspective of the chapter focus on the impact of UC&C technologies on productivity and innovation. The last section will provide discussion of the overall coverage of the chapter and concluding remarks.

Evaluation of Influence of Principles Involved in Industry 4.0 Over Coal Industries Using TISM

2021 ◽  
pp. 926-940
Author(s):  
Bathrinath Sankaranarayanan ◽  
Rahul K. ◽  
Pradeep J. ◽  
S. G. Ponnambalam ◽  
Saravanasankar S.
Keyword(s):  
Renewable Energy ◽  
Adverse Effects ◽  
Industry 4.0 ◽  
Industrial Revolution ◽  
Future Research ◽  
Interpretive Structural Modeling ◽  
Smart Transportation ◽  
Fourth Industrial Revolution ◽  
The World ◽  
Sustainable Extraction

Coal is the major source of energy in the world. But, the process of extraction and use of coal has adverse effects on the environment. In this chapter, the authors try to reduce these effects by considering the principles and technologies involved in Industry 4.0, also known as the Fourth Industrial Revolution. From a few expert reviews and research works, eight crucial factors were taken into account and were analyzed. The eight factors are consumer, water resources, smart transportation, smart factory, smart grid, smart mining, smart home, and renewable energy. The analysis has been made using the total interpretive structural modeling (TISM) method. The model distinctly demonstrates the influence of the principles of Industry 4.0 over coal industries. This chapter also aims to pave the way for future research and tries to contribute towards the sustainable extraction and usage of coal in energy industries. Consumer plays the most influential role in this regard.

scholarly journals Analysis of the World Scientific Production on the Topic of Industry 4.0 From 1990 to 2020

2021 ◽  
Vol 16 (2) ◽  
pp. 153-167
Author(s):  
Marina Teixeira de Souza ◽  
Fernando César Almada Santos
Keyword(s):  
Applied Sciences ◽  
Industry 4.0 ◽  
Design Methodology ◽  
Business Models ◽  
Industrial Revolution ◽  
Scientific Production ◽  
Theoretical Studies ◽  
Organizational Strategies ◽  
Fourth Industrial Revolution ◽  
The World

Objective – This study aims to analyze the scientific production on the topic of Industry 4.0. Theoretical framework – The work presented a literary review about the concept, how Industry 4.0. has developed and its characteristics. Design/methodology/approach – The methodology proposed for this work is based on bibliographic research and the application of bibliometric procedures. Findings – Eight hundred and fifty articles were found up to 2020. The publications involved 2,625 authors, from 75 countries, 1,084 institutions and 201 different journals. Highlighting that 88.3% of the articles were published in the last three years. The countries that stood out the most were China and Italy, and the most prolific journal was Applied Sciences Basel, with 59 articles. The most cited article received 343 citations and the largest production per author was nine articles. The topic has risen significantly in recent years with empirical and theoretical studies. Research, Practical & Social implications – The topic is of exponential interest for academics, researchers and managers and for directly impacting business models and organizational strategies, the study involved presenting the development and trends, in an orderly manner, of Industry 4.0 in the period from 1990 to 2020. Originality/value – The originality of the study comes from the gap identified, which corresponds to the need for a bibliometric study that presented the main countries, years of publications, most cited and most published authors, periodicals and recurring keywords, in addition to identifying developments and trends in this topic. Keywords – Industry 4.0. Fourth Industrial Revolution. Trends.

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