Industry 4.0 integrates smart and connected production systems that are pivotal in predicting and supporting production in real-time, leading to sustainable organizational performance. In manufacturing, it may increase productivity, sustainability, and energy efficiency, while optimizing competitiveness. The main purpose of this paper is to determine the impact of Industry 4.0 on the Slovak economy through a secondary data analysis in the automotive industry, which is the leading sector in the country. The paper aims to provide a comprehensive analysis of the various opportunities that are available in the value-added growth of car exports in Slovakia. It also explores the case study of PSA Group Slovakia, which highlights the importance of the Industry 4.0 concept in boosting the country’s export growth. The paper proposes a series of recommendations and steps to improve Slovakia’s innovation environment.

The objectives of this paper, and the novelty brought to the topic of the Industry 4.0 manufacturing systems, are related to the integration of computer vision algorithms, remote sensing data fusion techniques, and mapping and navigation tools in the Slovak automotive sector. We conducted a thorough examination of Industry 4.0-based value and supply chains, clarifying how cyber-physical production systems operate in relation to collision avoidance technologies, environment mapping algorithms, and mobility simulation tools in network connectivity systems through vehicle navigation data. The Citroen C3 and Peugeot 208 automobiles are two examples of high-tech products whose worldwide value and supply chain development trends were examined in this study by determining countries and their contributions to production. The fundamental components of the research—statistical analysis and visual analysis—were utilized in conjunction with a variety of syntheses, comparisons, and analytical methodologies. A case study was developed using PSA Group SVK data. The graphical analysis revealed that Slovakia offers the second-highest added value to the chosen items, but it also highlighted the country’s slow-growing research and development (R&D) infrastructure, which could lead to a subsequent loss of investment and business as usual. Slovakia can generate better export added value by optimizing Industry 4.0-based manufacturing systems in the automotive sector.

Industry 4.0 affects nearly every aspect of life by making it more technologically advanced, creative, environmentally friendly and ultimately, more interconnected. It also represents the beginning of the interconnectedness and metaverse associated with Industry 5.0. This issue is becoming decisive for advancement in all areas of life, including science. The primary goal of this study is to concisely explain how current Industry 4.0 trends might interact with existing work systems in global value chains to accelerate their operational activity in the context of firms from the Visegrad Four (V4) nations. Through an examination of the digital abilities in these nations, the purpose of the study is also to demonstrate how well citizens, employees, and end users are able to comprehend the problem at hand. The most recent resources for the topics are covered in the first section of the work. The next one uses graphic analysis and mutual comparison methods, generally comparing existing data over time; it is secondary research, and through these methods the Industry 4.0 applications can significantly speed up the work process itself when compared to the traditional lean process, primarily because of its digital structure. It is difficult to predict which of the V4 will be digitally prepared, as the precedent shifts are based on distinct indicators; therefore, it is crucial that all V4 nations expand their digital adaptability dramatically each year, primarily as a result of spending on scientific research, and education that is organised appropriately. The extra value of this effort may be attributed to how lean processes are intertwined with the Industry 4.0 trend’s digital experience, which already includes the Industry 5.0 trend’s artificial intelligence and metaverse, which represent the potential for further research in the future.

This study examines Industry 4.0-based technologies, focusing on the barriers to their implementation in European small- and medium-sized enterprises (SMEs). The purpose of this research was to determine the most significant obstacles that prevent SMEs from implementing smart manufacturing, as well as to identify the most important components of such an operationalization and to evaluate whether only large businesses have access to technological opportunities given the financial complexities of such an adoption. The study is premised on the notion that, in the setting of cyber-physical production systems, the gap between massive corporations and SMEs may result in significant disadvantages for the latter, leading to their market exclusion by the former. The research aim was achieved by secondary data analysis, where previously gathered data were assessed and analyzed. The need to investigate this topic originates from the fact that SMEs require more research than large corporations, which are typically the focus of mainstream debates. The findings validated Industry 4.0′s critical role in smart process planning provided by deep learning and virtual simulation algorithms, especially for industrial production. The research also discussed the connection options for SMEs as a means of enhancing business efficiency through machine intelligence and autonomous robotic technologies. The interaction between Industry 4.0 and the economic management of organizations is viewed in this study as a possible source of significant added value.

Purpose – The paper focuses on the identification of disparities in the development of the macroeconomic environment across the member states of the European Union and problematic factors impacting the business environment’s level. Research methodology – To find the disparities in the development of the EU countries, the TOPSIS method was used. Based on this analysis, the crucial factors influencing the development of the macroeconomic environment were determined. The discriminant analysis was then used to form a model, which could help assess and examine the relationship between the business environment and significant determinants of development. Findings – Based on the methods applied, the determinants influencing the development of the macroeconomic environment and key factors and aspects affecting the rate of development of the economic and business environment were identified and the analysis of the economic and business environment was performed through selected statistical techniques. Practical implications – The analysis confirmed that some countries have certain gaps in its assessment of the dynamics of economic development in EU countries in terms of the sustainability and competitiveness of small and medium-sized businesses, and that the business climate is not entirely conducive to these businesses. Originality/Value – The additional value of the paper is the formation of the model, which helps identify the countries with appropriate business environment and those where the economic development is not sufficiently developed which may be useful for enterprises, investors, and creditors.