2019
DOI: 10.14743/apem2019.4.343
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Hybrid fuzzy multi-attribute decision making model for evaluation of advanced digital technologies in manufacturing: Industry 4.0 perspective

Abstract: Manufacturing is currently at a turning point from mass production to customized production. The implementation of the Industry 4.0 concept, leading to automation and digitalization of manufacturing processes, is therefore considered vital for companies that aim to follow emerging trends in production. Research in this field is primarily focused on companies from developed countries, while companies from transition countries have difficulties to adapt to new business environment. The aim of this paper is to ev… Show more

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Cited by 35 publications
(31 citation statements)
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“…The low application of digital technologies is one of the main obstacles to the successful implementation of digital services in manufacturing firms [3]. However, the research from developed economies shows many positive examples between manufacturing firms in how they implement digital servitization [8,9]. The successful implementation of digital servitization results in positive financial implications, which increase firm competitiveness and performance [10].…”
Section: Introductionmentioning
confidence: 99%
“…The low application of digital technologies is one of the main obstacles to the successful implementation of digital services in manufacturing firms [3]. However, the research from developed economies shows many positive examples between manufacturing firms in how they implement digital servitization [8,9]. The successful implementation of digital servitization results in positive financial implications, which increase firm competitiveness and performance [10].…”
Section: Introductionmentioning
confidence: 99%
“…This occurrence supports the fact that there is a growing number of studies being conducted on the theme of Industry 4.0 and that encompass the list of words associated with the corporate context, such as: employees, managers, factories, strategy, business, opportunities, applications, productions and quality -among all the others presented in The heat maps allow the following analysis: the red color represents a greater concentration of interest, the yellow color represents a growing and consolidating concentration and the green color indicates a trend of concentration of interest (SOUZA, 2018). Thus, it can be seen from Figure 4, that words close to system and study there is a growing and frequent concentration of studies, whereas words such as strategy, factory, operator, firm, country, employee, researcher, are trends of interest and it is up to organizations to follow these trends in order to remain competitive (MEDIC;ANISIC et al, 2019;OBERER;ERKOLLAR, 2018;XU;XU et al, 2018). However, there is no word that is highlighted by the color red, a fact that can be explained by the fact that studies on the theme of Industry 4.0 are still incipient.…”
Section: Resultsmentioning
confidence: 99%
“…To get the most out of the technologies and advantages provided by Industry 4.0, organizations need to invest in resources such as: data and connectivity, analysis and intelligence, conversion to the physical world and human-machine interaction. In addition, this investment is considered vital for companies that seek to keep up with emerging trends in production (MEDIC;ANISIC et al, 2019). New possibilities can be made possible by Industry 4.0, whose components are: Big Data; simulation of production systems; Internet of Things (IoT); Cyberphysical Systems; Cloud computing; Virtual reality; Cybersecurity; Collaborative robots; Machine-to-machine communication.…”
Section: Introductionmentioning
confidence: 99%
“…Napredne digitalne tehnolgoje su jedan od ključnih fokusa u istraživanju Industrije 4.0 [4]. Na slici 1 prikazana je kompozicija glavnih tehnologija potrebnih za potpuno implementiranje Industrije 4.0 [5].…”
Section: Industrija 40unclassified