Hasil untuk "Industry"

Keliang Zhou, Taigang Liu, Lifen Zhou

Ye Guo, Chen Liang

Blockchain technology is a core, underlying technology with promising application prospects in the banking industry. On one hand, the banking industry in China is facing the impact of interest rate liberalization and profit decline caused by the narrowing interest-rate spread. On the other hand, it is also affected by economic transformation, Internet development, and financial innovations. Hence, the banking industry requires urgent transformation and is seeking new growth avenues. As such, blockchains could revolutionize the underlying technology of the payment clearing and credit information systems in banks, thus upgrading and transforming them. Blockchain applications also promote the formation of “multi-center, weakly intermediated” scenarios, which will enhance the efficiency of the banking industry. However, despite the permissionless and self-governing nature of blockchains, the regulation and actual implementation of a decentralized system are problems that remain to be resolved. Therefore, we propose the urgent establishment of a “regulatory sandbox” and the development of industry standards.

Shaoyong Yang, A. Bryant, P. Mawby et al.

Peng Wu, Jun Wang, Xiangyu Wang

Abstract 3-D printing, which is an automated production process with layer-by-layer control, has been gaining rapid development in recent years. The technology has been adopted in the manufacturing industry for decades and has recently been introduced in the construction industry to print houses and villas. The technology can bring significant benefits to the construction industry in terms of increased customization, reduced construction time, reduced manpower, and construction cost. A few isolated products and projects have been preliminarily tested using the 3-D printing technology. However, it should be noted that such tests and developments on the use of 3-D printing in the construction industry are very fragmented at the time of the study. It is therefore necessary for the building and construction industry to understand the technology, its historical applications and challenges for better utilization in the future. A systematic review shows that 3-D printing technology, after years of evolution, can be used to print large-scale architectural models and buildings. However, the potential of the technology is limited by the lack of large-scale implementation, the development of building information modeling, the requirements of mass customization, and the life cycle cost of the printed projects. It is therefore expected that future studies should be conducted on these areas to consolidate the stability and expand the applicability of 3-D printing in the construction industry.

Glenn Ellison, E. Glaeser, W. Kerr

B. Succar

M. Lorenzen

Y. Tay, B. Panda, S. Paul et al.

P. D'este, P. D'este, P. Patel

A. Hoffman

Bronwyn H Hall, Rosemarie H. Ziedonis

W. S. Miller, L. Zhuang, J. Bottema et al.

Muhammad Bilal, Lukumon O. Oyedele, Junaid Qadir et al.

Andreas Lundh, J. Lexchin, B. Mintzes et al.

Z. Fang, Yanyun Zhao, R. Warner et al.

T. Sung

Abstract The objectives of this paper are (1) to have a detailed, practical discussion of Industry 4.0, and (2) to suggest policy implications to transition toward Industry 4.0 in Korea. Companies should consider Industry 4.0 very seriously as they develop their future initiatives since traditional manufacturing business models do not fit with the emerging technologies of Industry 4.0. Some issues should be addressed with care: IT security, reliability and stability needed for critical machine-to-machine communication; a need to maintain the integrity of production processes, avoid IT snags, and protect industrial knowhow; and the lack of adequate skill-sets, general reluctance to change by stakeholders, and loss of many jobs to automatic processes and IT-controlled processes. To successfully transform Korean industry toward Industry 4.0, it is necessary to (1) refine and elaborate the strategies enacted by the central government to build economic and social systems that can flexibly respond to changes, (2) establish some kind of operational system to maximize the effectiveness of initiatives and policies, (3) develop concrete and workable action plans to transition toward economic and social systems that can accommodate innovative changes, and (4) establish infrastructure to lead all initiatives.

Isabel Castelo-Branco, Frederico Cruz-Jesus, T. Oliveira

Abstract Industry 4.0 is a concept that represents the adoption by industrial companies of techniques and processes allowed by digitization, cloud computing, the internet of things and big data to gain competitive advantages in domestic and global markets. Measuring how the manufacturing sector is adopting Industry 4.0 is challenging, given that there is not a closed definition of the term and that the collection of information is not specifically directed to Industry 4.0 concepts. Recognizing these difficulties, the present study measures the presence of the factors that characterize Industry 4.0 in manufacturing across EU countries. The analysis provides evidence that the existence of a digital infrastructure combined with the analytical capabilities to deal with big data emerge as the two dimensions that show the readiness for Industry 4.0 in each country. At EU level, five homogeneous groups of countries were found, showing large disparities across countries. The implementation of the single digital market strategy with regard to the manufacturing sector demands the collection of more detailed information on Industry 4.0.

Michael Sony, Subhash S. Naik

Abstract Industry 4.0 symbolizes the fourth industrial revolution and the current trend of automation and data exchange in manufacturing technologies. The purpose of this article is to examine the research question on how to successfully implement Industry 4.0 in organizations. This study through a systematic literature review protocol proposed by Tranfield, Denyer, and Smart analyzed 84 articles in depth. The descriptive, categorical and thematic analysis of the literature is conducted. This study identifies 10 critical success factors which are necessary for the successful implementation of Industry 4.0 in the organization. Based on the 10 critical success factors 10 research directions in this area is further expounded. This study can be used by the organizations as a guiding factor while implementing Industry 4.0 in their organizations. Focussing on these 10 factors will help organizations to be sustainable during the implementation of Industry 4.0. Though there are some literature reviews on Industry 4.0, this study critically analyses the literature for finding the critical factors for the successful implementation of Industry 4.0.

A. Corallo, M. Lazoi, M. Lezzi

Abstract An increasing number of cybersecurity breaches adversely affect business performance, by leveraging the vulnerabilities of networked manufacturing machines. In some cases, cyber-attacks on critical industrial equipment are able to undermine the corporate business model. Knowing and evaluating in advance the main critical assets to be protected from potential cyber-attacks and the business impacts that could occur is a source of competitive advantage. Through the analysis of literature and an ethnographic research approach, this study proposes a structured classification of critical industrial assets within Industry 4.0 and potential adverse impacts on business performance due to breaches of cybersecurity. In particular, cybersecurity is analysed in terms of loss of confidentiality, integrity and availability of data associated with networked manufacturing machines. It is also suggested how critical assets and business impacts are correlated and how business impacts can be assessed. The proposed results can be organized in four steps for supporting companies in making decisions on cybersecurity policies. Moreover, both industry and academia can benefit from these results to conduct future analysis and investigation activities in the field of cybersecurity.

L. Silvestri, A. Forcina, Vito Introna et al.

Abstract Industry 4.0 is revolutionizing manufacturing, increasing flexibility, mass customization, quality and productivity. In today's competitive manufacturing scenario, maintenance is one of the most critical issues and companies are approaching its digital transformation from technological and management perspectives. This article carries out a systematic literature review aimed to investigate how maintenance tasks and maintenance management strategies are changing in Industry 4.0 context, analyzing the state-of-the-art of Industry 4.0 technologies currently employed in maintenance and the resulting potential innovations in maintenance policies and manufacturing management. In addition, the most relevant trends in current maintenance policies have been investigated, such as “remote maintenance” and the attractive possibility of a “self-maintenance”. Also, the importance of human factor has been considered. The results are summarized in a comprehensive database, to provide, through concepts and empirical evidence present in literature, examples and strategies for the implementation of maintenance in Industry 4.0.