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Industry 4.0 Transformation Towards Industry 5.0 Paradigm - Challenges, Opportunities and Practices critically explores the paradigm change from Industry 4.0's integration of digital technology to Industry 5.0's focus on human-robot collaboration. This book highlights Industry 5.0, the aim of which is to merge human intelligence with robotic capabilities to enhance efficiency and sustainability. This shift entails integrating Industry 5.0 technologies like collaborative robots and Human Digital Twins into production processes for safer and more efficient collaboration. Industry 4.0's influence on the tourism sector highlights the need for human-centric approaches and updated education to transition to the digital tourism era. Similarly, the construction sector, under Construction 4.0, faces organizational challenges in adopting technology. The Technology-Organization-Environment (TOE) framework identifies decision-making factors to facilitate this transition. Transportation 5.0 represents a transformative shift towards Cyber-Physical-Social Transportation Systems, prioritizing ethical and sustainable solutions. It harnesses advanced technologies to improve transportation efficiency while considering social impacts. Nano and Society 5.0 explore nanotechnology's role in advancing societal goals, from personalized health care to sustainable energy. Digital entrepreneurship, propelled by Industry 4.0, faces challenges and opportunities amidst technological evolution and the pandemic's effects. In education, Online Distance e-Learning (OdeL) practices leverage digitalization for interactive learning, emphasizing critical thinking and industry-relevant skills. Overall, Industry 5.0 represents a holistic transformation driven by human intelligence, technology, and sustainability. This book serves as a guide for navigating this transition, providing insights for industry professionals, policymakers, and researchers. It explores the integration of automation with human-centric methods, fostering efficiency, creativity, and sustainability.
The purpose of this book is to provide an overview of the new industrial revolution: the "Industry 4.0." Globalization and competitiveness are forcing companies to review and improve their production processes. Industry 4.0 is a revolution that involves many different sectors and is still evolving. It represents the integration of tools already used in the past (big data, cloud, robot, 3D printing, simulation, etc.) that are now connected to a smart network by transmitting digital data at high speeds. The implementation of a 4.0 system represents a huge change for companies, which are faced with big investments. The idea of the book is to present practices, challenges, and opportunities related to the Industry 4.0. This book is intended to be a useful resource for anyone who deals with this issue.
Industry 5.0 is the successor of the 'Industry 4.0' concept which employed high technology in the manufacturing industry. Industry 5.0 is a new idea that adds a human touch to the work of robots and smart machines. The basic idea of humans and machines working together is to increase efficiency and effectivity, like the 'Internet of things' (loT). It aims to merge the increasing cognitive computing abilities of the robots with the intelligence and resourcefulness of the humans. The progress of Industry 5.0 is inevitable. As the technology grows more each day, we find ways to make our work simpler. The development of such technologies to make the world more efficient requires its manufacturers, i.e., humans who collaborate with these machines and technologies. Humans are indispensable resources, as what a machine can do is limited. And with all these efficiencies we have come so far, there is no path leading us back. With adoption of new concepts comes a paradigm shift as development continues and we move from Industry 4.0 which speaks of the "future of production," its primary purpose continues to be achieving seamless connectivity between machines and IT systems for higher productivity and efficiencies across the value chain. Overall, it focuses mainly on traditional financial and operational KPIs. Whereas Industry 5.0 gives a human touch to the concept of 4.0 keeping in mind the well-being of the environment and society, making the machines and humans work together on a path of 'Green Future'. Industry 5.0 has the balance of both humans and technologies which benefits the ecosystem, with discovery of new energy sources and renewable resources, helping in a sustainable working environment. It can be used to reduce harmful residue caused due to manufacturing processes and recycle rare materials. Taking this theme, the multidisciplinary congress on "Industry 5.0 and Paradigm Shift: Emerging Challenges" will highlight research challenges and open issues that should be further developed to realize Industry 5.0.
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.
The book provides readers with an overview of the state of the art in the field of Industry 4.0 and related research advancements. The respective chapters identify and discuss new dimensions of both risk factors and success factors, along with performance metrics that can be employed in future research work. They also discuss a number of real-time issues, problems and applications with corresponding solutions and suggestions. Sharing new theoretical findings, tools and techniques for Industry 4.0, and covering both theoretical and application-oriented approaches, the book offers a valuable asset for newcomers to the field and practicing professionals alike.
This book offers a selection of the best papers presented at the annual International Scientific Conference “Digital Transformation in Industry: Trends, Management, Strategies,” held by the Institute of Economics of the Ural Branch of the Russian Academy of Sciences (Ekaterinburg, Russia) on October 25-27, 2023. The main focus of the book is on Industry 5.0, a new paradigm for industrial development related to the humanization of technology and the sustainable development of industrial ecosystems. Industry 5.0 is not a technological revolution but a value-based initiative that drives technological transformation by establishing the primacy of human value and creating value for humans. Key topics include the cross-industry potential of Industry 5.0, the humanization of industrial technologies, the transition from Industry 4.0 ecosystems to Industry 5.0, the achievement of sustainability in the process of digital transition, assessing the impact of industrial digital transformation on society and the environment, regional practices for digital transformation, digital transformation strategies of industrial enterprises, HR strategies for the digital transition of industry, among others. Due to the scientific pluralism of the topics covered, the book is valuable to economists, researchers, and managers in industry and finance.
This book covers topics related to implementation of advanced technologies, such as AI, big data, procurement 4.0, Logistics 4.0 and Lean 4.0, in Industry 4.0 for the manufacturing supply chain. Many applications of Industry 4.0 in the manufacturing supply chain have been presented. The content of this book is useful for students, researchers and professionals in order to implement Industry 4.0 in manufacturing supply chain.
This book reports on topics at the interface between manufacturing and materials engineering, with a special emphasis on product design and advanced manufacturing processes, intelligent solutions for Industry 4.0, covers topics in ICT for engineering education, describes the numerical simulation and experimental studies of milling, honing, burnishing, grinding, boring, and turning, as well as the development and implementation of advanced materials. Based on the 4th International Conference on Design, Simulation, Manufacturing: The Innovation Exchange (DSMIE-2021), held on June 8-11, 2021, in Lviv, Ukraine, this first volume of a 2-volume set provides academics and professionals with extensive information on trends, technologies, challenges and practice-oriented experience in the above-mentioned areas.
In this essential you will learn how to use the changed rules of the game of Industry 4.0 and discover patterns for new business models. Reinhard Ematinger shows you how to describe your current business model in a structured way, sketch and test new business models and define the benefits for existing and new customers. Real and current examples accompany you through this book and questions support you in transferring them to use in your organization. This Springer essential is a translation of the original German 1st edition essentials, Von der Industrie 4.0 zum Geschäftsmodell 4.0 by Reinhard Ematinger, published by Springer Fachmedien Wiesbaden GmbH, part of Springer Nature in 2018.The translation was done with the help of artificial intelligence (machine translation by the service DeepL.com). A subsequent human revision was done primarily in terms of content, so that the book will read stylistically differently from a conventional translation. Springer Nature works continuously to further the development of tools for the production of books and on the related technologies to support the authors. The content Why we need a new understanding of business processes Why we need a new understanding of business models How to create a usable basis for future business models How to combine the building blocks of your business model and digital elements into a digital matrix The target groups Lecturers and students of business administration with a focus on corporate management and development Executives and experts from the fields of research & development, marketing, sales, key account management, product management The author Dr. Reinhard Ematinger invites executives to set and achieve daring goals and to think about products and services from their customers' point of view by applying tools from business model innovation and customer value creation, lego serious play® and playmobil®pro, service design thinking as well as objectives and key results. He teaches business model innovation at FOM University of Applied Sciences and University of Duisburg-Essen. .