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Author: Emanuela Carbonara
Publisher: Edward Elgar Publishing
ISBN: 1803921641
Category : Business & Economics
Languages : en
Pages : 271
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Book Description
With an interdisciplinary approach this book elaborates and discusses the strategic, regulatory and economic scenario that the sponsorship of a European Digital Single Market has been generating for small- and medium-sized companies (SMEs).
Author: Emanuela Carbonara
Publisher: Edward Elgar Publishing
ISBN: 1803921641
Category : Business & Economics
Languages : en
Pages : 271
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Book Description
With an interdisciplinary approach this book elaborates and discusses the strategic, regulatory and economic scenario that the sponsorship of a European Digital Single Market has been generating for small- and medium-sized companies (SMEs).
Author: Chiara Ristuccia
Publisher:
ISBN: 9783941928947
Category :
Languages : en
Pages :
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Book Description
Author: Ketan Kotecha
Publisher: CRC Press
ISBN: 1000548945
Category : Business & Economics
Languages : en
Pages : 217
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Book Description
Focusing on the broader areas of Industry 4.0 as it applies to small and medium-sized enterprises (SMEs), this book offers a smooth adoption of techniques and technologies and presents advances, challenges, and opportunities for implementation. It will also enhance the role of academia by training new engineers on Industry 4.0 and digital transformation. Industry 4.0 in Small and Medium-Sized Enterprises (SMEs): Opportunities, Challenges, and Solutions presents concepts of predictive maintenance, digital factory, digital twin, additive manufacturing, and machining for sustainable development. It discusses the challenges faced by adopting Industry 4.0 including new security and privacy measures in the whole smart manufacturing setup while also explaining the impact of Industry 4.0 on Lean production systems. Implementation recommendations in the form of case studies, research studies, and the role academia can play are also provided. Practitioners, research scholars, academicians, and those studying or working in the Industry 4.0 sector will find this book of interest.
Author: Dominik T. Matt
Publisher: Springer Nature
ISBN: 3030254259
Category : Business & Economics
Languages : en
Pages : 435
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Book Description
This open access book explores the concept of Industry 4.0, which presents a considerable challenge for the production and service sectors. While digitization initiatives are usually integrated into the central corporate strategy of larger companies, smaller firms often have problems putting Industry 4.0 paradigms into practice. Small and medium-sized enterprises (SMEs) possess neither the human nor financial resources to systematically investigate the potential and risks of introducing Industry 4.0. Addressing this obstacle, the international team of authors focuses on the development of smart manufacturing concepts, logistics solutions and managerial models specifically for SMEs. Aiming to provide methodological frameworks and pilot solutions for SMEs during their digital transformation, this innovative and timely book will be of great use to scholars researching technology management, digitization and small business, as well as practitioners within manufacturing companies.
Author: Dominik T Matt
Publisher:
ISBN: 9783030254261
Category : Big data
Languages : en
Pages :
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Book Description
Author: Julian M. Muller
Publisher: CRC Press
ISBN: 100051532X
Category : Business & Economics
Languages : en
Pages : 200
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Book Description
The field of small and medium-sized enterprises (SMEs) digitalization is becoming more mature and stands to significantly contribute to the full development of the agenda of Industry 4.0. Although national digitalization programs have their own goals, the common focus is on the role of SMEs in global value chains. Since SMEs are known to have challenges around Industry 4.0 implementation, this book integrates experiences from 14 countries worldwide. Industry 4.0 in SMEs across the Globe: Drivers, Barriers, and Opportunities provides an in-depth overview of Industry 4.0 in SMEs, covering various national, historical, and geographical settings in nine European countries: Finland, France, Hungary, Italy, Poland, Russia, Lithuania, Serbia, and the UK, complemented by five other countries from around the world: Brazil, China, India, Iran, and the U.S. Each chapter describes the national digitalization program, along with barriers, drivers, and opportunities to implement Industry 4.0 in local SMEs. It subsumes the findings across these countries to identify common themes and clusters of drivers, barriers, and opportunities. The book concludes that there are common approaches of SMEs across the world to adopt Industry 4.0, which are to be understood to increase industrial competitiveness globally. This book is a great resource for digitalization leaders and laggards, business consultants and researchers, as well as Ph.D. and master’s students from industrial engineering and manufacturing backgrounds. Policy makers can also use the contents to better understand the commonalities and differences of national digitalization programs and further support SMEs in their digitalization process.
Author: Ahmad, Noor Hazlina
Publisher: IGI Global
ISBN: 1799825795
Category : Business & Economics
Languages : en
Pages : 271
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Book Description
Small and medium enterprises (SMEs) have been widely acknowledged to be an important agent of development because of their potential for addressing unemployment, inequality, and poverty, as well as promoting inclusiveness in economic development. The sector is critical for achieving the country’s sustainable growth. However, there is a lack of research on the adaptations SMEs are making in today’s technologically driven market. Challenges and Opportunities for SMEs in Industry 4.0 is a collection of innovative research on the methods and applications of modern business development and innovative strategies for small and medium enterprises in the age of smart industrialism. This book features a wide range of topics including business intelligence, collaborative manufacturing, and organizational networking. This reference source is ideally designed for managers, policymakers, economists, entrepreneurs, strategists, researchers, industrialists, academicians, educators, and students.
Author: Dominik T. Matt
Publisher: Springer Nature
ISBN: 3030705161
Category : Business & Economics
Languages : en
Pages : 449
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Book Description
This open access book addresses the practical challenges that Industry 4.0 presents for SMEs. While large companies are already responding to the changes resulting from the fourth industrial revolution , small businesses are in danger of falling behind due to the lack of examples, best practices and established methods and tools. Following on from the publication of the previous book ‘Industry 4.0 for SMEs: Challenges, Opportunities and Requirements’, the authors offer in this new book innovative results from research on smart manufacturing, smart logistics and managerial models for SMEs. Based on a large scale EU-funded research project involving seven academic institutions from three continents and a network of over fifty small and medium sized enterprises, the book reveals the methods and tools required to support the successful implementation of Industry 4.0 along with practical examples.
Author: Mutula, Stephen M.
Publisher: IGI Global
ISBN: 1605664219
Category : Computers
Languages : en
Pages : 356
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Book Description
"This book provides valuable insights into the current state of the digital economy and the ability of SMEs to leverage Information and Communication Technologies (ICTs) so that they may overcome their traditional laggard position in the global business market"--Provided by publisher.
Author: Maximilian Wilde
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Book Description
In recent years, the topic of Industrie 4.0 gained more and more media coverage, popularity and importance. Figure 1 illustrates a trend analysis of Industrie 4.0 and the digital transformation over the past five years, representing the increase of interest in the topic. The concept of Industrie 4.0 was developed in the frame of the High-Tech Strategy of the Federal Government of Germany. Up to now, it is more of a vision of the digital transformation of the economy and the society. The research project mainly focuses on small and medium-sized enterprises (SME), as they bear great potentials and small changes already have great impacts. Additionally, the majority of the scientific research mainly focuses on large enterprises and SMEs are left out. A better understanding of the concept has been developed by having a deeper look into a variety of reports and research projects with regard to Industrie 4.0, its origin and the previous revolutions. Furthermore, the main technical concepts, which are observed as the major enablers for Industrie 4.0 are introduced. It could be identified, that most of the relevant technologies are already known for several decades, however there is a new way of application and combination of the different technologies. In addition, the further developments of the technologies and the framework enabled a broader and more efficient use. Furthermore, ten interviews with a variety of representatives from the industry, interest representatives and academia have been held. This helped, to develop a good insight of their position, understanding and attitude towards the digital transformation. Within the interviews, a variety of challenges and obstacles but also opportunities and potentials could be identified. The challenges are subdivided into external challenges like a required comprehensive legal framework, which can hardly be addressed and changed by the SMEs themselves and internal challenges like a lack of knowhow, which can be addressed and changed by the SMEs. Additionally, several twofold challenges were identified like data and IT security and safety related concerns, which can only be addressed in parts by SMEs. However most of the challenges, when addressed properly, can be turned around into an opportunity. Additionally, a variety of opportunities like the current good economic situation as a driver for innovation, were identified. Next to the challenges and opportunities, the digital transformation also implies a firm assessment of the business model in terms of its potential continuity in the future and change management within SMEs. Most of the identified inhibitors can already be avoided by a certain openness towards change and the willingness, to implement a new digital strategy. It is important to dedicate time to such a project and not to lose focus. Furthermore, there should be tidy and well documented processes since an automation of chaos would not generate any benefits. A recommendation in terms of a consulting model was developed stating several preconditions, which need to be met, to successfully implement an Industrie 4.0 project. It is important to bear the experience of a SME in mind, when approaching them with a project. If they have never heard of the topic in relation with their business, becoming too technical or too advanced, only causes confusion. Thus, a general introduction is required. Developing a digital roadmap in iterative steps with clearly defined and reachable targets is a major enabler for success. Furthermore, it is important to have a digital strategy and prepare the business model for the digital transformation. Considering all the above, it could be identified, that SMEs have good chances and great potentials in the implementation of future technologies, if they have the willingness towards change.
