Are SMEs Ready for Industry 4.0 Technologies: An Exploratory Study of I 4.0 Technological Impacts

Sarath Menon, Satya Shah

Research output: Chapter in Book/Report/Conference proceedingConference contribution

Abstract

Industry 4.0 is rapidly growing within the world of digitization and aims to explore the new era of automation plays a crucial role within the industry which requires a constant research and improvements to achieve and sustain themselves in current world of competitive market. Implementation of industry 4.0 technologies pioneer for a profit maximization with cost reduction and has even realized to show a significant refinement in improved sustainability. SME's lacks the understanding and significance of transforming themselves with the extremely complex digital supply chain systems that may leads to losses if they don't embrace now for innovations and implement the latest technological advancements. This paper aims to examine the current trends and impacts of latest technologies within the SME's with the view of key factors of Industry 4.0.
Original languageEnglish
Title of host publicationProceedings of International Conference on Computation, Automation and Knowledge Management (ICCAKM)
PublisherIEEE
Pages203-208
Number of pages6
ISBN (Electronic)9781728106663
DOIs
Publication statusPublished - 2 Apr 2020
Externally publishedYes
Event2020 International Conference on Computation, Automation and Knowledge Management, ICCAKM 2020 - Dubai, United Arab Emirates
Duration: 9 Jan 202010 Jan 2020

Conference

Conference2020 International Conference on Computation, Automation and Knowledge Management, ICCAKM 2020
Country/TerritoryUnited Arab Emirates
CityDubai
Period9/01/2010/01/20

Keywords

  • Digital Supply chain
  • Industry 4.0
  • SME
  • Supply Chain Management
  • Technology Impacts

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