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A Complex View of Industry 4.0

SAGE OpenPublished 1 April 2016Open access
Vasja Roblek, Maja Meško, Alojz Krapež
Citations912
SJR quartileQ1
SJR score0.51
SNIP0.98
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TL;DR

The aim of this article is to synthesize the known theory and practices of Industry 4.0, and to investigate the changes that will result from Industry 5.0 and with the development of the Internet of things.

Abstract

This article is focused on the importance and influence of Industry 4.0 and consequently the Internet-connected technologies for the creation of value added for organizations and society. The contribution of the article is mainly conceptual. With the development of the Internet, the Internet of things that is central to the new industrial revolution has led to “Industry 4.0.” The aim of this article is to synthesize the known theory and practices of Industry 4.0, and to investigate the changes that will result from Industry 4.0 and with the development of the Internet of things.

Keywords

EngineeringBusiness, Management and Accounting