Title
Industry 4.0 - Potentials for Creating Smart Products: Empirical Research Results
Abstract
Industry 4.0 combines the strengths of traditional industries with cutting edge internet technologies. It embraces a set of technologies enabling smart products integrated into intertwined digital and physical processes. Therefore, many companies face the challenge to assess the diversity of developments and concepts summarized under the term industry 4.0. The paper presents the result of a study on the potential of industry 4.0. The use of current technologies like Big Data or cloud-computing are drivers for the individual potential of use of Industry 4.0. Furthermore mass customization as well as the use of idle data and production time improvement are strong influence factors to the potential of Industry 4.0. On the other hand business process complexity has a negative influence.
Year
DOI
Venue
2015
10.1007/978-3-319-19027-3_2
BIS
Field
DocType
Citations 
Mass customization,Management information systems,Business process,Computer science,Smart products,Cyber-physical system,Big data,Industry 4.0,Marketing,Empirical research
Conference
31
PageRank 
References 
Authors
2.03
11
6