Success Factors of the Adoption of Smart Factory Transformation: An Examination of Korean Manufacturing SMEs

Jung, Sungwook; Kim, Dong‐Hee; Shin, Nina

doi:10.1109/access.2022.3233811

Cited by 7 publications

(4 citation statements)

References 74 publications

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“…Furthermore, when businesses design their own production systems, the overall mechanism for adopting smart factories is enhanced. The findings of this study offer practical guidance to practitioners looking to convert conventional manufacturing processes into smart factories [5].…”

Section: Trends In Smart Businessmentioning

confidence: 87%

Information Technology for Smart Business

Karthick,

Balasubramanian

2023

Int j comput electron asp eng

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A completely automated production system equipped with cutting-edge digital technologies is referred to as a smart business. Its emergence is viewed in many studies as the beginning of a new wave of production innovation. Smart businesses use a combination of physical and cyber technologies. As more and more objects acquire intelligence, scientists and engineers work to create not only cutting-edge technology but also smarter homes, factories, and even cities. The fourth industrial revolution the current design of the digital factory makes it necessary to construct the smart business in order to make the associated technologies through technology and deep integration of previously independent discrete systems. Despite the recent sharpening of conceptions, it is challenging for industrial companies to build a clear. Within the maze of varying terminology, thoughts and ideas, design a strategic roadmap. This study discusses the smart business in order to provide both researchers and practitioners with more clarity and to consolidate the prior findings. Reduced human operator involvement and an emphasis on automation systems are the main goals of Industry 4.0. However, this goal has shifted in Industry 5.0, which attempts to maintain a balance while maximizing the advantages from human-machine interaction. The goal of Industry 5.0 is to improve the relationship between people's inherent productivity and ever-more-powerful machinery.

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Section: Trends In Smart Businessmentioning

confidence: 87%

Information Technology for Smart Business

Karthick,

Balasubramanian

2023

Int j comput electron asp eng

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“…Perceived benefits influence the implementation of smart factories, suggesting that comparable factors may impact the adoption of SG technologies. Individuals are more likely to accept and support the implementation of SGs if they understand and believe that they can bring benefits such as enhanced reliability, cost savings, energy efficiency, environmental benefits, and the increased integration of renewable energy [87].…”

Section: Discussionmentioning

confidence: 99%

The Research Agenda on Smart Grids: Foresights for Social Acceptance

Senyapar,

Bayindir

2023

Energies

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The “smart grid” (SG) refers to an advanced electricity grid system that possesses the capability to effectively co-ordinate the activities of all its connected users, encompassing both energy producers and consumers, with the primary objective of ensuring the provision of a reliable, cost-effective, and environmentally sustainable electricity supply while also prioritizing security measures. Research on the adoption of SG technology holds significant academic value as it addresses the crucial issue of user resistance, which can impede or postpone the progress of SG initiatives. In this paper, bibliographic data obtained from Web of Science and Scopus documents on SGs are analyzed with two complementary methods of bibliometric and thematic analysis. The findings revealed that academic production in the field is in step with renewable energy use but tends to diminish. The authors, publications, and countries that shape the field have been identified. The in-depth thematic analysis uncovered that safety concerns, artificial intelligence, and electric vehicles are the main areas of study, and economic benefits are found to be more effective than environmental concerns in SG technology’s social adoption. Studies and policies on SGs should consider the shift in consumer and producer roles. By comprehensively examining the literature on the social aspects of SGs, which is an oft-neglected area, this study aimed to provide researchers and policymakers with fresh perspectives on how to expedite the adoption of this innovative technology, thereby facilitating the transition towards a sustainable, environmentally conscious, and fair energy system.

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“…Indeed, AIenabled manufacturing has potential benefits, and the research suggests topics for further research. Moreover, Jung et al [54] focus on smart factory transformation adoption in Korean manufacturing SMEs. The study investigates the elements that influence SMEs' intentions for adopting smart factories and gives insights for practitioners looking to transition traditional manufacturing systems into smart factories.…”

Section: Referencesmentioning

confidence: 99%

Factors influencing the adoption of industrial internet of things for the manufacturing and production small and medium enterprises in developing countries

Shah,

Hussain Madni,

Hashim

et al. 2024

IET Collab Intel Manufact

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Small and Medium Enterprises (SMEs) are steadily moving in the direction of implementing digital and smart technologies, including the Industrial Internet of Things (IIoT) for improving their products and services. The adoption of IIoT allows manufactures and producers to make quick decisions for improving productivity and quality in real‐time. For this purpose, the era of digital industrial revolution from IR 1.0 to IR 5.0 is briefly explained. In this research study, the authors have reviewed and analysed the existing reviews, surveys and technical research studies on IIoT technologies for the manufacturing and production SMEs to highlight the concern raised. Forty‐seven (47) influencing factors are identified and classified into four groups based on the TOEI framework. Based on the identified influencing factors, IIoT adoption model is proposed for the manufacturing and production SMEs to adopt the new IIoT technologies in their business environments. Furthermore, a comparative analysis of the influencing factors has been done for the adoption of IIoT to increase efficiency, productivity and competitiveness for the manufacturing and production SMEs in developing countries. The proposed IIoT adoption model will help future policymakers and stakeholders to develop policies and strategies for the successful adoption and implementation of IIoT in manufacturing and production SMEs in developing countries. Also, recommendations are suggested to encourage IIoT adoption in production and manufacturing environments so that manufacturers and producers can respond easily and quickly to highly changing demands, product trends, skills gaps and other unexpected challenges in the future.

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Success Factors of the Adoption of Smart Factory Transformation: An Examination of Korean Manufacturing SMEs

Cited by 7 publications

References 74 publications

Information Technology for Smart Business

Information Technology for Smart Business

The Research Agenda on Smart Grids: Foresights for Social Acceptance

Factors influencing the adoption of industrial internet of things for the manufacturing and production small and medium enterprises in developing countries

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