Reimagining the future: Techno innovation advancement in manufacturing

The potential of industry 4.0 for renewable energy and materials development – The case of multinational energy companies

“…Industry 4.0 technologies have the potential to accelerate the transition to clean energy and sustainable materials production [ 1 ]. Recently, advanced sensors and data analytics have been applied to monitor and optimize the performance of renewable energy systems, such as solar and wind farms, increasing their efficiency and reducing their environmental impact [ 18 ].…”

“…The fourth industrial revolution (“Industry 4.0″ or “I4.0″) is defined as (1) the use of digital technologies to increase efficiency and customize production, (2) connected physical assets and intelligent data processing, (3) the emerging strategic importance of cognitive resources and decision making, (4) the emergence of intelligent machines, artificial intelligence (AI), nanotechnologies, and robotics, and (5) the effective use of online data for optimized decisions based on real-time data through the use of analytics, smart decision making, and machine learning [ 1 ]. These technologies can improve various industries' efficiency, productivity, and sustainability [ 2 ].…”

“…Energy storage systems are essential for the widespread adoption of renewable energy, as they allow excess renewable energy to be stored for use when demand is high or when renewable energy sources are unavailable [ 6 , 7 ]. I4.0 technologies, such as advanced manufacturing techniques and materials, can potentially support the promulgation of efficient and cost-effective energy storage systems [ 8 ]. Techniques such as 3D printing and digital twinning have the potential to enable seamless and sustainable material production.…”

“…Techniques such as 3D printing and digital twinning have the potential to enable seamless and sustainable material production. 3D printing, for example, allows for the production of customized, complex parts using minimal material waste, and digital twinning provides for the simulation and optimization of material production processes and recycling [ 8 ].…”

Uptake of Internet of Things by SMEs in digital era in emerging economies: A systematic literature review

“…From the operational perspective, digital technology, using cyber-physical system (CPS), is expected to reduce set-up time and production time, resulting in increased productivity (Dalenogare et al, 2018;D'Adamo et al, 2021). Although, IoT technologies are still in their infancy in underdeveloped nations and small and medium-sized businesses (Onu, Peter & Mbohwa, 2021), the technologies have a high degree of unpredictability and provide a wide range of performance outcomes depending on the activity or context of use. 4IR include increasing human-machine interaction, tracking, and self-recognition of components via intelligent robots and optimizing SMEs based on IoT connectivity (Qi, Qinglin & Fei Tao 2018).…”