Ten Years of Industrie 4.0

Abstract

A decade after its introduction, Industrie 4.0 has been established globally as the dominant paradigm for the digital transformation of the manufacturing industry. Amalgamating research-based results and practical experience from the German industry, this contribution reviews the progress made in implementing Industrie 4.0 and identifies future fields of action from a technological and application-oriented perspective. Putting the human in the center, Industrie 4.0 is the basis for data-based value creation, innovative business models, and agile forms of organization. Today, in the German manufacturing industry, the Internet of Things and cyber–physical production systems are a reality in newly built factories, and the connectivity of machinery has been significantly increased in existing factories. Now, the trends of industrial AI, edge computing up to the edge cloud, 5G in the factory, team robotics, autonomous intralogistics systems, and trustworthy data infrastructures must be leveraged to strengthen resilience, sovereignty, semantic interoperability, and sustainability. This enables the creation of digital innovation ecosystems that ensure long-term adaptability in a volatile economic and geopolitical environment. In sum, this review represents a comprehensive assessment of the status quo and identifies what is needed in the future to reap the rewards of the groundwork done in the first ten years of Industrie 4.0.

Big data analytics capabilities and innovation effect of dynamic capabilities, organizational culture and role of management accountants

“…Hence, due to the strategic involvement of management accountants in decision-making to attain competitive advantage in business performance (Gebhardt et al, 2015;Kagermann et al, 2013;Horv ath and Aschenbru ¨cker, 2015;Sabra et al, 2021), there is a need to understand new skill sets required from them. It is understood that in the current big data environment where modern technologies are transforming business processes and to obtain business value, management accountants are required to investigate the relationship between BDAC and OIP (Obermaier, 2016;Grangel-Gonz alez et al, 2016;Hadid and Al-Sayed, 2021).…”

Development of Asset Administration Shell for the components of EBMR plant

“…The main goal of Industry 4.0 [1] is to create intelligent networked machines and processes based on transition to cyber-physical systems (CPS) using the latest advances in information and communication technologies (especially the Internet and Internet of Things). Main characteristics of CPS are connectivity, modularity, real-time capabilities and traceability.…”

Critical Review on Internet of Things (IoT): Evolution and Components Perspectives

“…Also known as the Internet of all things; it is a promising direction in productions systems and expected to bring to bear the full potential of the fourth industrial revolution [3]. Likewise Cyber Physical Systems (CPS), most researchers and scholars have attributed IoT as the key enabler or initiator of the fourth industrial revolution [4][5][6].…”