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Exploring the Impacts of Industry 4.0 from a Macroscopic Perspective

Part of: Industry 4.0

Published online by Cambridge University Press:  26 July 2019

Rongyan Zhou  and
Julie Le Cardinal

Abstract

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Industry 4.0 is a great opportunity and a great challenge for enterprises. Nowadays, how to adjust the strategy according to the new situation to deal with the opportunities and challenges brought by Industry 4.0 is a hot topic. The paper investigates what is Industry 4.0 and compares the different fourth industry revolution programs in various countries and takes advantage of bibliometric to investigate which technologies play an important role in Industry 4.0. What is more, the status quo, challenges and development directions faced in various fields in the industrial 4.0 era are elaborated. The paper not only combs the research direction for researchers, but also presents the status quo of practical application for enterprises. The paper contributes to showing a leading role for theory and practice of industry 4.0.

Keywords

Industry 4.0Big dataMarket implications
Type
Article
Information
Proceedings of the Design Society: International Conference on Engineering Design , Volume 1 , Issue 1 , July 2019 , pp. 2111 - 2120
Creative Commons
Creative Common License - CCCreative Common License - BYCreative Common License - NCCreative Common License - ND
This is an Open Access article, distributed under the terms of the Creative Commons Attribution-NonCommercial-NoDerivatives licence (http://creativecommons.org/licenses/by-nc-nd/4.0/), which permits non-commercial re-use, distribution, and reproduction in any medium, provided the original work is unaltered and is properly cited. The written permission of Cambridge University Press must be obtained for commercial re-use or in order to create a derivative work.
Copyright
© The Author(s) 2019

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