(PDF) Literature review of Industry 4.0
Added on 2021-04-21
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Running head- A LITERATURE REVIEW OF INDUSTRY 4.0 1A literature review of industry 4.0NameInstitution of AffiliationDate
A LITERATURE REVIEW OF INDUSTRY 4.0 2Introduction to the literature reviewThe literature review is about the industrial revolution of the fourth revolution of industry(industry 4.0). In the literature, a summary of various aspects of the industry will be exploredcomprehensively. The literature review covers the significant differences between industry 3.0and industry 4.0. Major challenges, as well as the opportunities of industry 4.0, will be given. Itwill further provide various information technology strategies of this era of the industrialrevolution. A detailed analysis of the transformations that industry 4.0 has brought in theinterconnected and competitive industry against industry 3.0 will also get evaluated. Industry 4.0has come up as a result of technological advancements.Differences between industry 4.0 and industry 3.0According to Fritscher and Pigneur 2009, industry 3.0 entails already interconnected industry. Itis, therefore, the current technological solutions in the world of automation being experienced bycurrent industries. They are commonly called digital industries, whose revolution began in the1970s with the advancement in technology. During this era, various changes and more robotswere brought in the assembly line to accomplish most tasks that were done by individuals. Forexample, there was the use of programmable robots and logic controllers. The era ischaracterized by quality analysis, supply management, product design, and inventory trackingthat were realized through load balancing, middleware, Microsoft, web servers, and databases(Fritscher and Pigneur, 2009, p. 44). Unlike industry 3.0, industry 4.0 has come up with theinternet of things and advanced means of enhancing production efficiency by companies in theindustry. Furthermore, it has brought up high quality analysis of product designs bymanufacturing companies, far much better than what industry 3.0 contributed in the industry.
A LITERATURE REVIEW OF INDUSTRY 4.0 3The publication made by Johnson and Christen 2008, reveals that Industry 4.0, is the fourth erain the industrials revolutions of the cyber-physical system. The era entails storage systems, smartmachines, and production equipment with the capacity of autonomously passing informationcontrolling each other independently as well as triggering actions. It is clear that the era providesmore advancement in the field of the industry through intensive researches being conducted toshaping the future of such sectors. The industrial evolutions targets at ensuring that efficientoperations persist aiming at improving the development of new businesses by creating enormouseconomic influence as opposed to other industrial evolutions. In this era, industries will ensurethat business organizations establish advanced storage systems, advanced production systemswith the capacity to exchange information through digital means (Johnson and Christeen, 2008,p.51). Increased evolution in the production sector by most companies has been enhanced byindustry 4.0 which has come up with technologies that improve machine efficiency regardingtime, the quantity of produces, as well as quality products as demanded by customers in themarket. Challenges of industry 4.0The scholars such as Lee and Yang 2015 revealed that industry 4.0 is encountered by someobstacles which barricade these industries from realizing the set goals of the industrialrevolutions. The problem of insufficient qualification of employees is profound and hence a greatDestructor. Additionally, the management of the fourth revolution organization needs goodplanners who are proactive and highly committed towards the achievement of the set objectives
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