A Digital Framework for Industry 4.0

A Digital Framework for Industry 4.0 PDF Author: Ana Landeta Echeberria
Publisher: Springer Nature
ISBN: 3030600491
Category : Business & Economics
Languages : en
Pages : 171

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Book Description
This book examines the impact of industry 4.0, and constructs a strategic digital transformation operational framework to prepare for it. It begins by examining the background of industry 4.0, exploring the industrial internet, new business models and disruptive technologies, as well as the challenges that this revolution brings for industries and manager. The research enhances our understanding of strategic digital transformation framework within industry 4.0. It will be valuable reading for academics working in the field of industry 4.0 and strategy, as well as practitioners interested in enhancing their firms’ readiness for industry 4.0.

A Digital Framework for Industry 4.0

A Digital Framework for Industry 4.0 PDF Author: Ana Landeta Echeberria
Publisher: Springer Nature
ISBN: 3030600491
Category : Business & Economics
Languages : en
Pages : 171

Get Book

Book Description
This book examines the impact of industry 4.0, and constructs a strategic digital transformation operational framework to prepare for it. It begins by examining the background of industry 4.0, exploring the industrial internet, new business models and disruptive technologies, as well as the challenges that this revolution brings for industries and manager. The research enhances our understanding of strategic digital transformation framework within industry 4.0. It will be valuable reading for academics working in the field of industry 4.0 and strategy, as well as practitioners interested in enhancing their firms’ readiness for industry 4.0.

Formula 4.0 for Digital Transformation

Formula 4.0 for Digital Transformation PDF Author: Venkatesh Upadrista
Publisher: CRC Press
ISBN: 1000388794
Category : Business & Economics
Languages : en
Pages : 348

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Book Description
A staggering 70% of digital transformations have failed as per McKinsey. The key reason why enterprises are failing in their digital transformation journey is because there is no standard framework existing in the industry that enterprises can use to transform themselves to digital. There are several books that speak about technologies such as Cloud, Artificial Intelligence and Data Analytics in silos, but none of these provides a holistic view on how enterprises can embark on a digital transformation journey and be successful using a combination of these technologies. FORMULA 4.0 is a methodology that provides clear guidance for enterprises aspiring to transform their traditional operating model to digital. Enterprises can use this framework as a readymade guide and plan their digital transformation journey. This book is intended for all chief executives, software managers, and leaders who intend to successfully lead this digital transformation journey. An enterprise can achieve success in digital transformation only of it can create an IT Platform that will enable them to adopt any new technology seamlessly into existing IT estate; deliver new products and services to the market in shorter durations; make business decisions with IT as an enabler and utilize automation in all its major business and IT processes. Achieving these goals is what defines a digital enterprise -- Formula 4.0 is a methodology for enterprises to achieve these goals and become digital. Essentially, there is no existing framework in the market that provides a step-by-step guide to enterprises on how to embark on their successful digital transformation journey. This book enables such transformations. Overall, the Formula 4.0 is an enterprise digital transformation framework that enables organizations to become truly digital.

Formula 4.0 for Digital Transformation

Formula 4.0 for Digital Transformation PDF Author: Venkatesh Upadrista
Publisher: Productivity Press
ISBN: 9780367746841
Category :
Languages : en
Pages : 320

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Book Description
A staggering 70% of digital transformations have failed as per McKinsey. The key reason why enterprises are failing in their digital transformation journey is because there is no standard framework existing in the industry that enterprises can use to transform themselves to digital. There are several books that speak about technologies such as Cloud, Artificial Intelligence and Data Analytics in silos, but none of these provides a holistic view on how enterprises can embark on a digital transformation journey and be successful using a combination of these technologies. FORMULA 4.0 is a methodology that provides clear guidance for enterprises aspiring to transform their traditional operating model to digital. Enterprises can use this framework as a readymade guide and plan their digital transformation journey. This book is intended for all chief executives, software managers, and leaders who intend to successfully lead this digital transformation journey. An enterprise can achieve success in digital transformation only of it can create an IT Platform that will enable them to adopt any new technology seamlessly into existing IT estate; deliver new products and services to the market in shorter durations; make business decisions with IT as an enabler and utilize automation in all its major business and IT processes. Achieving these goals is what defines a digital enterprise -- Formula 4.0 is a methodology for enterprises to achieve these goals and become digital. Essentially, there is no existing framework in the market that provides a step-by-step guide to enterprises on how to embark on their successful digital transformation journey. This book enables such transformations. Overall, the Formula 4.0 is an enterprise digital transformation framework that enables organizations to become truly digital.

The Fourth Industrial Revolution

The Fourth Industrial Revolution PDF Author: Klaus Schwab
Publisher: Currency
ISBN: 1524758876
Category : Business & Economics
Languages : en
Pages : 192

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Book Description
World-renowned economist Klaus Schwab, Founder and Executive Chairman of the World Economic Forum, explains that we have an opportunity to shape the fourth industrial revolu­tion, which will fundamentally alter how we live and work. Schwab argues that this revolution is different in scale, scope and complexity from any that have come before. Characterized by a range of new technologies that are fusing the physical, digital and biological worlds, the developments are affecting all disciplines, economies, industries and governments, and even challenging ideas about what it means to be human. Artificial intelligence is already all around us, from supercomputers, drones and virtual assistants to 3D printing, DNA sequencing, smart thermostats, wear­able sensors and microchips smaller than a grain of sand. But this is just the beginning: nanomaterials 200 times stronger than steel and a million times thinner than a strand of hair and the first transplant of a 3D printed liver are already in development. Imagine “smart factories” in which global systems of manu­facturing are coordinated virtually, or implantable mobile phones made of biosynthetic materials. The fourth industrial revolution, says Schwab, is more significant, and its ramifications more profound, than in any prior period of human history. He outlines the key technologies driving this revolution and discusses the major impacts expected on government, business, civil society and individu­als. Schwab also offers bold ideas on how to harness these changes and shape a better future—one in which technology empowers people rather than replaces them; progress serves society rather than disrupts it; and in which innovators respect moral and ethical boundaries rather than cross them. We all have the opportunity to contribute to developing new frame­works that advance progress.

Industry 4.0: Managing The Digital Transformation

Industry 4.0: Managing The Digital Transformation PDF Author: Alp Ustundag
Publisher: Springer
ISBN: 3319578707
Category : Technology & Engineering
Languages : en
Pages : 286

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Book Description
This book provides a comprehensive guide to Industry 4.0 applications, not only introducing implementation aspects but also proposing a conceptual framework with respect to the design principles. In addition, it discusses the effects of Industry 4.0, which are reflected in new business models and workforce transformation. The book then examines the key technological advances that form the pillars of Industry 4.0 and explores their potential technical and economic benefits using examples of real-world applications. The changing dynamics of global production, such as more complex and automated processes, high-level competitiveness and emerging technologies, have paved the way for a new generation of goods, products and services. Moreover, manufacturers are increasingly realizing the value of the data that their processes and products generate. Such trends are transforming manufacturing industry to the next generation, namely Industry 4.0, which is based on the integration of information and communication technologies and industrial technology.The book provides a conceptual framework and roadmap for decision-makers for this transformation

Digital Business Models for Industry 4.0

Digital Business Models for Industry 4.0 PDF Author: Carlo Bagnoli
Publisher: Springer Nature
ISBN: 3030972844
Category : Business & Economics
Languages : en
Pages : 279

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Book Description
Technological advancements are contributing to shape future business models and the industrial scenario. Companies face the challenge of having to adapt to the frequently shifting technology landscape. Therefore, organizations must exploit technological advances to thrive in the digital revolution. This book presents and discusses emerging digital business models in the Industry 4.0. These models are illustrated with real case studies and include data-driven, platform, smart factory and servitization among others. The book introduces a detailed classification to help organizations to redesign their current business models and discusses how to gain unique competitive advantages. The book includes not only theoretical concepts to understand the context of digital transformation but also an assessment framework to enable and support innovation in organizations and create new revenue streams. The book will be of interest to students and professionals alike who want to understand the core of the Industry 4.0.

The Human Side of Digital Business Transformation

The Human Side of Digital Business Transformation PDF Author: Kamales Lardi
Publisher: John Wiley & Sons
ISBN: 1119871018
Category : Business & Economics
Languages : en
Pages : 332

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Book Description
Master the essential human component of digital transformation In The Human Side of Digital Business Transformation, veteran emerging technology expert Kamales Lardi delivers an essential and practical exploration of the real-world implementation of digital transformation. The book teaches readers how to drive digital business transformation success by addressing a key element – the people side of transformation. This includes managing internal stakeholders, such as leadership teams and employees, as well as external stakeholders, such as customer, partners and supplier. The author provides a proven digital business transformation framework that facilitates the successful execution of new digital solutions. She also discusses: Digital maturity and transformation readiness assessments complete with supplementary, online tools Best practices and key learnings that drive the human side of transformation Real-world case studies and examples from renowned business leaders that offer success factors A can't-miss resource for leadership teams, management, and board members, as well as change managers and leaders in organizations, The Human Side of Digital Business Transformation will also be invaluable for students in business and executive education programs, consultants, and other business leaders interested in digital transformation.

Industry 4.0 Technologies for Business Excellence

Industry 4.0 Technologies for Business Excellence PDF Author: Shivani Bali
Publisher: CRC Press
ISBN: 1000519228
Category : Business & Economics
Languages : en
Pages : 267

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Book Description
This book captures deploying Industry 4.0 technologies for business excellence and moving towards Society 5.0. It addresses applications of Industry 4.0 in the areas of marketing, operations, supply chain, finance, and HR to achieve business excellence. Industry 4.0 Technologies for Business Excellence: Frameworks, Practices, and Applications focuses on the use of AI in management across different sectors. It explores the benefits through a human-centered approach to resolving social problems by integrating cyberspace and physical space. It discusses the framework for moving towards Society 5.0 and keeping a balance between economic and social gains. This book brings together researchers, developers, practitioners, and users interested in exploring new ideas, techniques, and tools and exchanging their experiences to provide the most recent information on Industry 4.0 applications in the field of business excellence. Graduate or postgraduate students, professionals, and researchers in the fields of operations management, manufacturing, healthcare, supply chain, marketing, finance, and HR will find this book full of new ideas, techniques, and tools related to Industry 4.0.

Industry 4.0: Managing Digital Transformation Using Disruptive Technologies

Industry 4.0: Managing Digital Transformation Using Disruptive Technologies PDF Author: Loveleen Gaur
Publisher: Academic Press
ISBN: 9780323884853
Category : Science
Languages : en
Pages : 232

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Book Description
The rise of new digital Industrial technology popularly known as Industry 4.0 is evolving at an exponential pace and disrupting almost every industry in every country. This is a new Industrial Revolution that enables smart, connected and disruptive technologies to transform and digitize organizations, operations, and the workforce by increasing information flow, creating new insights and entirely different business models. These changes are signaling the trend and transformation towards fully connected and automated entire systems of production, management, and governance. Organizations have started realizing this change and focusing upon how Industry 4.0 could impact their business. Many are implementing changes and preparing for the future where smart machines are empowering their business. Industry 4.0 represents the so-called Fourth Industrial Revolution in discrete and process manufacturing, logistics and supply chain (Logistics 4.0), the chemical industry, energy (Energy 4.0), transportation, utilities, oil and gas, mining and metals and other segments, including resources industries, healthcare, pharmaceuticals and Smart Cities. Industry 4.0: Managing Digital Transformation Using Disruptive Technologies is the first book to discuss the trends of Industry 4.0 along with a deep technological look at the methods that are effectuating the change, including robotics, augmented reality, IoT, and Artificial Intelligence on value chain support and optimization. This book provides a comprehensive overview of Industry 4.0 starting from the basic definition and current technologies, and encompassing business models that can and will come in play with Industry 4.0 adoption Provides readers with understanding of the key concepts and technologies involved in bringing the new industrial revolution called Industry 4.0 to bear across a wide variety of fields Integrates deep technical coverage of key methods and technologies such as Artificial Intelligence, Augmented Reality, Virtual Reality, Robotics, Mechatronics, Big Data, Cloud computing, Fog computing, Cyberphysical systems, Deep Learning, Internet of Things, Simulation, 3-D Printing, and Blockchain Provides readers with four key parts of the book, covering Introductory Concepts of Industry 4.0, Applications/Frameworks of Industry 4.0 on Different Business Domains, Issues/Challenges Faced by Organizations in Implementation, and Case Studies

Digital Transformation In Industry 4.0 Age

Digital Transformation In Industry 4.0 Age PDF Author: John Brown
Publisher:
ISBN:
Category :
Languages : en
Pages : 374

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Book Description
Digital transformation is the integration of digital technology into all areas of a business, fundamentally changing how you operate and deliver value to customers. It's also a cultural change that requires organizations to continually challenge the status quo, experiment, and get comfortable with failure. Already a key strategic initiative, digital transformation has taken on heightened importance in the wake of the coronavirus pandemic.Fifty-nine percent of 373 IT decision makers say that pressures stemming from the pandemic are accelerating their digital transformation efforts, according to an IDG Research business impact survey conducted in 2020. Moreover, despite budget concerns triggered by the COVID-19 outbreak, global spending on digital transformation technologies and services will grow 10.4 percent in 2020 to $1.3 trillion, according to data researcher IDC published in 2020. Spending on digital tools hasn't been impacted as much as other IT because most large-scale projects already under way are instrumental to the broader business strategy, reasons IDC analyst Craig Simpson.Digital transformation is generally viewed as an aggregation of modern tools and processes leveraged to solve business problems and satisfy customers. But many CIOs employ different means to execute on those drivers. This guide drill down on digital transformation and offer proven solution for leaders embarking on digital journeys You've probably heard the term digital transformation, but what does it mean to you and your organization? Do you really know what it is and why it matters?If you're shaking your head "no," you're not alone. There is a slew of different definitions and perspectives. Digital transformation is essential for any business looking to grow and stay ahead of the competition in today's market because let's face it, your customers have higher expectations and demand a more seamless digital experience than ever before.Without it, your business will not thrive, and dare we say it, may not even survive.With a mindset of continuous improvement and innovation, all of the benefits of a digital transformation are within reach. Just be sure to tackle the challenges as they come and do your best to prepare in advance. Digital transformation comes with a host of high-level benefits including: Digitalization of Business Operations Greater Resource Management Employee Empowerment Greater Customer Insights Better Customer Experience Creation of Digital Products and Services Opening the Door to Globalization Encourages (Easier) Collaboration Across Departments Increases Agility and Innovation Fosters a Digital Culture Introduces a New Level of Transparency The changing dynamics of global production, such as more complex and automated processes, high-level competitiveness and emerging technologies, have paved the way for a new generation of goods, products and services. Moreover, manufacturers are increasingly realizing the value of the data that their processes and products generate. Such trends are transforming manufacturing industry to the next generation, namely Industry 4.0, which is based on the integration of information and communication technologies and industrial technology. The book provides a conceptual framework and roadmap for decision-makers for this transformation This guide is what you need to become successful digitally with your career or business So what are you waiting for, click on the buy button now!