Hostname: page-component-76fb5796d-25wd4 Total loading time: 0 Render date: 2024-04-26T16:00:27.064Z Has data issue: false hasContentIssue false
  • English
  • Français

Exploring the Impacts of Industry 4.0 from a Macroscopic Perspective

Part of: Industry 4.0

Published online by Cambridge University Press:  26 July 2019

Rongyan Zhou  and
Julie Le Cardinal

Abstract

Core share and HTML view are not available for this content. However, as you have access to this content, a full PDF is available via the ‘Save PDF’ action button.

Industry 4.0 is a great opportunity and a great challenge for enterprises. Nowadays, how to adjust the strategy according to the new situation to deal with the opportunities and challenges brought by Industry 4.0 is a hot topic. The paper investigates what is Industry 4.0 and compares the different fourth industry revolution programs in various countries and takes advantage of bibliometric to investigate which technologies play an important role in Industry 4.0. What is more, the status quo, challenges and development directions faced in various fields in the industrial 4.0 era are elaborated. The paper not only combs the research direction for researchers, but also presents the status quo of practical application for enterprises. The paper contributes to showing a leading role for theory and practice of industry 4.0.

Keywords

Industry 4.0Big dataMarket implications
Type
Article
Information
Proceedings of the Design Society: International Conference on Engineering Design , Volume 1 , Issue 1 , July 2019 , pp. 2111 - 2120
Creative Commons
Creative Common License - CCCreative Common License - BYCreative Common License - NCCreative Common License - ND
This is an Open Access article, distributed under the terms of the Creative Commons Attribution-NonCommercial-NoDerivatives licence (http://creativecommons.org/licenses/by-nc-nd/4.0/), which permits non-commercial re-use, distribution, and reproduction in any medium, provided the original work is unaltered and is properly cited. The written permission of Cambridge University Press must be obtained for commercial re-use or in order to create a derivative work.
Copyright
© The Author(s) 2019

References

Babiceanu, R.F. and Seker, R. (2016), “Big Data and virtualization for manufacturing cyber-physical systems: A survey of the current status and future outlook”, Computers in Industry, Elsevier B.V., Vol. 81, pp. 128–137.Google Scholar
Barbier, F. (2017), Vol. 5 “Trends For The Future Of Manufacturing”, available at: https://www.ge.com/reports/5-trends-future-manufacturing/ (accessed 13 March 2019).Google Scholar
Beducker, T., Bokeria, G. and Frahm, M. (2017), Digitalization in the Industrial Sector, available at: https://www.simon-kucher.com/en/blog/digitalization-industrial-sector (accessed 13 March 2019).Google Scholar
Bunse, B. (2013), “Industrie 4.0- Smart Manufacturing for the Future”, GTIA- Germany Trade and Invest, p. 40.Google Scholar
CGI. (2017), “Making Your Business More Competitive”, CGI GROUP INC.Google Scholar
Cheng, C., Jones, S. and Moser, W.J. (2018), “Abnormal trading behavior of specific types of shareholders before US firm bankruptcy and its implications for firm bankruptcy prediction”, Journal of Business Finance and Accounting, John Wiley & Sons, Ltd (10.1111), Vol. 45 No. 9–10, pp. 1100–1138.Google Scholar
Colantoni, A., Cecchini, M., Egidi, G., Saporito, M.G. and Zambon, I. (2019), “Revolution 4.0: Industry vs. Agriculture in a Future Development for SMEs”, Processes, Multidisciplinary Digital Publishing Institute, Vol. 7 No. 1, p. 36.Google Scholar
Cotteleer, M.M. and Sniderman, B. (2017), “Forces of Change: Industry 4.0”, Deloitte Insights, available at: https://doi.org/10.1007/s11947-009-0181-3.Google Scholar
Dallasega, P., Rauch, E. and Linder, C. (2018), “Industry 4.0 as an enabler of proximity for construction supply chains: A systematic literature review”, Computers in Industry.Google Scholar
Department for Business Energy and Industrial Strategy (BEIS) of UK. (2013), “Future of manufacturing: a new era of opportunity and challenge for the UK - summary report”, available at: https://www.gov.uk/government/publications/future-of-manufacturing/future-of-manufacturing-a-new-era-of-opportunity-and-challenge-for-the-uk-summary-report#conclusions.Google Scholar
Ding, B. (2018), “Pharma Industry 4.0: Literature review and research opportunities in sustainable pharmaceutical supply chains”, Process Safety and Environmental Protection, Elsevier, Vol. 119, pp. 115–130.Google Scholar
Economie.gouv.fr. (2015), “L'Industrie du Futur”, Economie.Gouv.Fr.Google Scholar
EY. (2018), “Industry 4.0: Engaging with Disruption Enterprise IT Trends and Investments 2018”, available at: https://www.ey.com/Publication/vwLUAssets/ey-industry-engaging-with-disruption/$File/ey-industry-engaging-with-disruption.pdf (accessed 12 March 2019).Google Scholar
Frehe, V., Kleinschmidt, T. and Teuteberg, F. (2014), “Big Data in Logistics – Identifying Potentials through Literature, Case Study and Expert Interview Analyses”, INFORMATIK 2014: BIG DATA: Komplexität Meistern; 44. Jahrestagung Der Gesellschaft Für Informatik e.Vol. GI No. 2, pp. 173–186.Google Scholar
Giannikas, V., Lu, W., Mcfarlane, D. and Hyde, J. (2013), “Industrial Applications of Holonic and Multi-Agent Systems”, Vol. 8062 No. September 2015, available at: https://doi.org/10.1007/978-3-642-40090-2.Google Scholar
Goddard, J., Verge, L. and Meier, P. (2015), “The Next Industrial Revolution?”, Get Ready for the Internet of Things (IoT), available at: https://www.lek.com/sites/default/files/insights/pdf-attachments/IoT_InternetofThings_IoT-Revolution_LEK-ExecutiveInsights-1721_2.pdf (accessed 14 March 2019).Google Scholar
Harris, P., Hendricks, M. and Logan, E.A. (2018), “A Reality Check for Today's C-Sui Te on Industry 4”, 0, available, at: https://assets.kpmg/content/dam/kpmg/xx/pdf/2018/11/a-reality-check-for-todays-c-suite-on-industry-4-0.pdf (accessed 12 March 2019).Google Scholar
Jain, P., VP, R.S., Services, E. and Mondal, T. (2017), “HfS Blueprint Guide: Industry 4.0”, Services 1 HfS Blueprint Guide: Industry 4.0 Services, available at: www.hfsresearch.com%7C www.horsesforsources.com (accessed 12 March 2019).Google Scholar
Jan, S., Stephan, K., Carolin, M., M.C. (2016), “Directorate general for internal policies policy department a: economic and scientific policy”, No. c, pp. 1–4.Google Scholar
Ji, C., Shao, Q., Sun, J., Liu, S., Pan, L., Wu, L. and Yang, C. (2016), “Device data ingestion for industrial big data platforms with a case study”, Sensors (Switzerland), Vol. 16 No. 3, pp. 1–15.Google Scholar
Kiesau, T., Pinter, K., Schumm, A., Manager, E., Stearns, L., Graboys, K., Director, M., et al. (2015), The Chartis Group Innovation Center: Healthcare Providers as Information Management Companies, available at: www.chartis.com (accessed 13 March 2019).Google Scholar
Kothman, I. and Faber, N. (2016), “How 3D printing technology changes the rules of the game: Insights from the construction sector”, Journal of Manufacturing Technology Management, Emerald Group Publishing Limited, Vol. 27 No. 7, pp. 932–943.Google Scholar
Krejcar, O., Selamat, A., Svobodova, L., Soukal, I., Maresova, P., Javanmardi, E. and Hedvicakova, M. (2018), “Consequences of Industry 4.0 in Business and Economics”, Economies, Multidisciplinary Digital Publishing Institute, Vol. 6 No. 3, p. 46.Google Scholar
Lam, S. (2014), “HKEx tech drive transforms Hong Kong's financial sector”, ComputerwordHK, available at: https://www.cw.com.hk/it-hk/hkex-tech-drive-transforms-hong-kong-s-financial-sector.Google Scholar
Lee, J., Kao, H.A. and Yang, S. (2014), “Service innovation and smart analytics for Industry 4.0 and big data environment”, Procedia CIRP, Elsevier B.V., Vol. 16, pp. 3–8.Google Scholar
Lezzi, M., Lazoi, M. and Corallo, A. (2018), “Cybersecurity for Industry 4.0 in the current literature: A reference framework”, Computers in Industry, Elsevier, Vol. 103, pp. 97–110.Google Scholar
Li, X., Wan, J., Lai, C.-F., Wang, S., Vasilakos, A. V. and Li, D. (2015), “A review of industrial wireless networks in the context of Industry 4.0”, Wireless Networks, Springer US, Vol. 23 No. 1, pp. 23–41.Google Scholar
Lindstrom, S. (2017), Manufacturing and Distribution Industry Perspectives, available at: https://www.protiviti.com/US-en/insights/manufacturing-and-distribution-industry-perspectives-may-2017 (accessed 13 March 2019).Google Scholar
Lu, Y. (2017), “Industry 4.0: A survey on technologies, applications and open research issues”, Journal of Industrial Information Integration, Vol. 6, pp. 1–10.Google Scholar
Madanapalle, A. (2017), “Big data and psychographic profiling helped Donald Trump win the US presidential election”, TECH2, available at: https://www.firstpost.com/tech/news-analysis/big-data-and-psychographic-profiling-helped-donald-trump-win-the-us-presidential-election-3696847.html.Google Scholar
McKinsey & Company. (2015), “Industry 4.0 How to Navigate Digitization of the Manufacturing Sector”, Mckinsey Digital, available at: https://doi.org/10.1080/18811248.1966.9732270.Google Scholar
OliverWyman. (2016), Impact of Technology & Industry Insights-MFG 4.0 Digital Industry, available at: https://www.rightplace.org/assets/img/uploads/resources/Events/2016/MFG-Tech-16/Joern-Buss-Oliver-Wyman.pdf (accessed 12 March 2019).Google Scholar
Panda. (2017), “Chinese E-Commerce Giant Eyeing Digital Supply Chain to Create Competitive Advantage”, Harvard Bussiness School, available at: https://rctom.hbs.org/submission/chinese-e-commerce-giant-eyeing-digital-supply-chain-to-create-competitive-advantage/#.Google Scholar
Pedone, G. and Mezgár, I. (2018), “Model similarity evidence and interoperability affinity in cloud-ready Industry 4.0 technologies”, Computers in Industry, Elsevier, Vol. 100 No. February, pp. 278–286.Google Scholar
Pedram, A., Yusoff, N., Bin Udoncy, O.E., Mahat, A.B., Pedram, P. and Babalola, A. (2017), “Integrated forward and reverse supply chain: A tire case study”, Waste Management, Elsevier Ltd, Vol. 60, pp. 460–470.Google Scholar
Pereira, G.B., Santos, A., de, P.L. and Cleto, M.G. (2018), “Industry 4.0: glitter or gold? A systematic review”, Brazilian Journal of Operations & Production Management, Vol. 15 No. 2, pp. 247–253.Google Scholar
Piccarozzi, M., Aquilani, B. and Gatti, C. (2018), “Industry 4.0 in management studies: A systematic literature review”, Sustainability (Switzerland), Multidisciplinary Digital Publishing Institute, Vol. 10 No. 10, p. 3821.Google Scholar
Geissbauer, R., Vedso, J., S.S. (2016), “Industry 4.0 : Building the Digital Enterprise”, available at: https://doi.org/10.1080/01969722.2015.1007734.Google Scholar
RolandBerger. (2015), “The Industrie 4.0 Mastering the Transition Quantified, 2016”, available at: www.rolandberger.com.Google Scholar
Rüßmann, M., Lorenz, M., Gerbert, P., Waldner, M., Justus, J., Engel, P. and Harnisch, M. (2016), “Industrey 4.0 Future of Productivity”, available at: https://doi.org/10.15713/ins.mmj.3.Google Scholar
Schenkel, R. (2016), “Industrie 4.0 Opportunity Discovery Workshop”, available at: https://atos.net/wp-content/uploads/2017/04/atos-industry-4-0-opportunity-discovery-workshop-brochure.pdf. (accessed 13 March 2019).Google Scholar
Schreiber, B., Hoppe, W.-D. and Schoenefuss, B. (2016), “Future of Operations in the Digital World”, available at: http://www.adlittle.com/sites/default/files/viewpoints/ADL_Future_of_Operations_in_the_digital_world.pdf (accessed 13 March 2019).Google Scholar
Singh Jain, A.D., Mehta, I., Mitra, J. and Agrawal, S. (2017), “Application of Big Data in Supply Chain Management”, Materials Today: Proceedings, Elsevier Ltd, Vol. 4 No. 2, pp. 1106–1115.Google Scholar
State Council of the People's Republic of China. (2015), “The state council issued a notice on ‘made in China 2025’”, Www.Gov.Cn, available at: http://www.gov.cn/zhengce/content/2015-05/19/content_9784.htm.Google Scholar
The White House. (2011), “President Obama Launches Advanced Manufacturing Partnership”, The White House Office of the Press Secretary, available at: https://obamawhitehouse.archives.gov/the-press-office/2011/06/24/president-obama-launches-advanced-manufacturing-partnership.Google Scholar
Tratz-Ryan, B., Hoeppe, A. and Basiliere, P. (2018), “Predicts 2018: Industrie 4.0 and Advanced Manufacturing”, available at: https://doi.org/G00351698.Google Scholar
Valdivia, A., Luzón, M.V. and Herrera, F. (2017), “Sentiment Analysis in TripAdvisor”, IEEE Intelligent Systems, Vol. 32 No. 4, pp. 72–77.Google Scholar
Vardhan Singh, H. and Berger, R. (2014), “Harsh Vardhan Singh”, available at: https://www.gita.org.in/Attachments/Reports/CIIRolandBergerIndustry40.pdf (accessed 13 March 2019).Google Scholar
Varela, I.R. and Tjahjono, B. (2014), “Big data analytics in supply chain management: trends and related research”, 6th International Conference on Operations and Supply Chain Management, Vol. 1 No. 1, pp. 2013–2014.Google Scholar
Wan, J., Tang, S., Shu, Z., Li, D., Wang, S., Imran, M. and Vasilakos, A. V. (2016), “Software-Defined Industrial Internet of Things in the Context of Industry 4.0”, IEEE Sensors Journal, Vol. 16 No. 20, pp. 7373–7380.Google Scholar
Yiming, Ma, Bee-Chung, Chen and Deepak Agarwal, L.C. (2017), “How LinkedIn Makes Personalized Recommendations via Photon- ML Machine Learning tool”, KDnuggets, available at: https://www.kdnuggets.com/2017/10/linkedin-personalized-recommendations-photon-ml.html.Google Scholar
Zhou, K. (2015), “Industry 4.0 : Towards Future Industrial Opportunities and Challenges”, 12th International Conference on Fuzzy Systems and Knowledge Discovery (FSKD), pp. 2147–2152.Google Scholar