Hasil untuk "Industry"

Xun Xu, Yuqian Lu, B. Vogel‐Heuser et al.

Praveen Kumar Reddy Maddikunta, Viet Quoc Pham, B. Prabadevi et al.

Abstract Industry 5.0 is regarded as the next industrial evolution, its objective is to leverage the creativity of human experts in collaboration with efficient, intelligent and accurate machines, in order to obtain resource-efficient and user-preferred manufacturing solutions compared to Industry 4.0. Numerous promising technologies and applications are expected to assist Industry 5.0 in order to increase production and deliver customized products in a spontaneous manner. To provide a very first discussion of Industry 5.0, in this paper, we aim to provide a survey-based tutorial on potential applications and supporting technologies of Industry 5.0. We first introduce several new concepts and definitions of Industry 5.0 from the perspective of different industry practitioners and researchers. We then elaborately discuss the potential applications of Industry 5.0, such as intelligent healthcare, cloud manufacturing, supply chain management and manufacturing production. Subsequently, we discuss about some supporting technologies for Industry 5.0, such as edge computing, digital twins, collaborative robots, Internet of every things, blockchain, and 6G and beyond networks. Finally, we highlight several research challenges and open issues that should be further developed to realize Industry 5.0.

Morteza Ghobakhloo

Abstract The fourth industrial revolution and the underlying digital transformation, known as Industry 4.0, is progressing exponentially. The digital revolution is reshaping the way individuals live and work fundamentally, and the public remains optimistic regarding the opportunities Industry 4.0 may offer for sustainability. The present study contributes to the sustainability literature by systematically identifying the sustainability functions of Industry 4.0. In doing so, the study first reviews the fundamental design principles and technology trends of Industry 4.0 and introduces the architectural design of Industry 4.0. The study further draws on the interpretive structural modelling technique to model the contextual relationships among the Industry 4.0 sustainability functions. Results indicate that sophisticated precedence relationships exist among various sustainability functions of Industry 4.0. ‘Matrice d’Impacts Croises Multiplication Appliquee aun Classement’ (MICMAC) analysis reveals that economic sustainability functions such as production efficiency and business model innovation tend to be the more immediate outcome of Industry 4.0, which pays the way for development of more remote socioenvironmental sustainability functions of Industry 4.0 such as energy sustainability, harmful emission reduction, and social welfare improvement. This study can serve Industry 4.0 stakeholders – leaders in the public and private sectors, industrialists, and academicians – to better understand the opportunities that the digital revolution may offer for sustainability, and work together more closely to ensure that Industry 4.0 delivers the intended sustainability functions around the world as effectively, equally, and fairly as possible.

M. Sigala

The paper aims to critically review past and emerging literature to help professionals and researchers alike to better understand, manage and valorize both the tourism impacts and transformational affordance of COVID-19. To achieve this, first, the paper discusses why and how the COVID-19 can be a transformational opportunity by discussing the circumstances and the questions raised by the pandemic. By doing this, the paper identifies the fundamental values, institutions and pre-assumptions that the tourism industry and academia should challenge and break through to advance and reset the research and practice frontiers. The paper continues by discussing the major impacts, behaviours and experiences that three major tourism stakeholders (namely tourism demand, supply and destination management organisations and policy makers) are experiencing during three COVID-19 stages (response, recovery and reset). This provides an overview of the type and scale of the COVID-19 tourism impacts and implications for tourism research.

F. Tao, He Zhang, Ang Liu et al.

Digital twin (DT) is one of the most promising enabling technologies for realizing smart manufacturing and Industry 4.0. DTs are characterized by the seamless integration between the cyber and physical spaces. The importance of DTs is increasingly recognized by both academia and industry. It has been almost 15 years since the concept of the DT was initially proposed. To date, many DT applications have been successfully implemented in different industries, including product design, production, prognostics and health management, and some other fields. However, at present, no paper has focused on the review of DT applications in industry. In an effort to understand the development and application of DTs in industry, this paper thoroughly reviews the state-of-the-art of the DT research concerning the key components of DTs, the current development of DTs, and the major DT applications in industry. This paper also outlines the current challenges and some possible directions for future work.

A. Frank, Lucas Santos Dalenogare, N. F. Ayala

Abstract Industry 4.0 has been considered a new industrial stage in which several emerging technologies are converging to provide digital solutions. However, there is a lack of understanding of how companies implement these technologies. Thus, we aim to understand the adoption patterns of Industry 4.0 technologies in manufacturing firms. We propose a conceptual framework for these technologies, which we divided into front-end and base technologies. Front-end technologies consider four dimensions: Smart Manufacturing, Smart Products, Smart Supply Chain and Smart Working, while base technologies consider four elements: internet of things, cloud services, big data and analytics. We performed a survey in 92 manufacturing companies to study the implementation of these technologies. Our findings show that Industry 4.0 is related to a systemic adoption of the front-end technologies, in which Smart Manufacturing plays a central role. Our results also show that the implementation of the base technologies is challenging companies, since big data and analytics are still low implemented in the sample studied. We propose a structure of Industry 4.0 technology layers and we show levels of adoption of these technologies and their implication for manufacturing companies.

Lida Xu, E. Xu, L. Li

Lucas Santos Dalenogare, G. B. Benitez, N. F. Ayala et al.

Abstract Industry 4.0 is considered a new industrial stage in which vertical and horizontal manufacturing processes integration and product connectivity can help companies to achieve higher industrial performance. However, little is known about how industries see the potential contribution of the Industry 4.0 related technologies for industrial performance, especially in emerging countries. Based on the use of secondary data from a large-scale survey of 27 industrial sectors representing 2225 companies of the Brazilian industry, we studied how the adoption of different Industry 4.0 technologies is associated with expected benefits for product, operations and side-effects aspects. Using regression analysis, we show that some of the Industry 4.0 technologies are seen as promising for industrial performance while some of the emerging technologies are not, which contraries the conventional wisdom. We discuss the contextual conditions of the Brazilian industry that may require a partial implementation of the Industry 4.0 concepts created in developed countries. We summarize our findings in a framework, that shows the perception of Brazilian industries of Industry 4.0 technologies and their relations with the expected benefits. Thus, this work contributes by discussing the real expectations on the future performance of the industry when implementing new technologies, providing a background to advance in the research on real benefits of the Industry 4.0.

Ercan Öztemel, S. Gursev

Yang Lu

R. Zhong, X. Xu, E. Klotz et al.

Abstract Our next generation of industry—Industry 4.0—holds the promise of increased flexibility in manufacturing, along with mass customization, better quality, and improved productivity. It thus enables companies to cope with the challenges of producing increasingly individualized products with a short lead-time to market and higher quality. Intelligent manufacturing plays an important role in Industry 4.0. Typical resources are converted into intelligent objects so that they are able to sense, act, and behave within a smart environment. In order to fully understand intelligent manufacturing in the context of Industry 4.0, this paper provides a comprehensive review of associated topics such as intelligent manufacturing, Internet of Things (IoT)-enabled manufacturing, and cloud manufacturing. Similarities and differences in these topics are highlighted based on our analysis. We also review key technologies such as the IoT, cyber-physical systems (CPSs), cloud computing, big data analytics (BDA), and information and communications technology (ICT) that are used to enable intelligent manufacturing. Next, we describe worldwide movements in intelligent manufacturing, including governmental strategic plans from different countries and strategic plans from major international companies in the European Union, United States, Japan, and China. Finally, we present current challenges and future research directions. The concepts discussed in this paper will spark new ideas in the effort to realize the much-anticipated Fourth Industrial Revolution.

Jiewu Leng, W. Sha, Baicun Wang et al.

J. Lee, B. Bagheri, Hung-An Kao

Marc J. Melitz

G. S. Olley, A. Pakes

E. Fama, K. French

Abstract Estimates of the cost of equity for industries are imprecise. Standard errors of more than 3.0% per year are typical for both the CAPM and the three-factor model of Fama and French (1993). These large standard errors are the result of(i) uncertainty about true factor risk premiums and (ii) imp ecise estimates of the loadings of industries on the risk factors. Estimates of the cost of equity for firms and projects are surely even less precise.

B. Jovanovic

Howard E. Aldrich, Marlene Fiol

L. Dagum, R. Menon

Abirami Raja Santhi, Padmakumar Muthuswamy

The Industrial Revolution can be termed as the transformation of traditional industrial practices into new techniques dominated by the technologies available at that time. The first three industrial revolutions were driven respectively by mechanization, electrification, and automation which had gradually transformed the agrarian economy into a manufacturing-based economy. It helped in enhancing the lifestyle of the factory workers and the healthcare system, which improved the overall quality of living. The industries that adapted to the change witnessed a tremendous increase in the production of goods, competitive advantage, and cross-border business opportunities. While we are currently living to see the fourth industrial revolution (also known as Industry 4.0) unfolding around us, the world is poised for the next big leap, the fifth industrial revolution or Industry 5.0. Hence, the first half of the paper outlines the enabling technologies of Industry 4.0 and conceptualizes how they would act as the foundation for the fifth industrial revolution. The socio-economic challenges of the technologies and the need for Industry 5.0 technologies are also discussed. The second half of the paper outlines the prospective technologies of Industry 5.0, their potential applications from the perspective of industry leaders and scholars and conceptualizes how they can overcome the challenges of Industry 4.0. The definition of “sustainability trilemma” a new term coined by the authors, and the reasoning for calling the next industrial revolution “Industry 4.0S” (another new term) rather than Industry 5.0 are also presented.