2020
DOI: 10.1142/s2424862220500141
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Critical Components of Industry 5.0 Towards a Successful Adoption in the Field of Manufacturing

Abstract: The fifth industrial revolution is known as Industry 5.0 and is being evolved to focus on the personalized demand of customers. This industrial revolution is required to provide better interaction among humans and machines to achieve effective and faster outcomes. It provides a new era of personalization and solves complex problems. Digital technologies provide a new paradigm in manufacturing and eliminate repetitive jobs. It applies human intelligence to understand the requirement of a human operator. The dat… Show more

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Cited by 183 publications
(90 citation statements)
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References 130 publications
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“…Its scenario provides a 49% increase in gross value added. The forecasting of the value added of the surveyed enterprises according to OKVEDs 26, 27, 28 and 30 was carried out in the context of three basic strategies: expansion of sales of products in the domestic market (including for new and innovative products), expansion of sales of importsubstituting products and expansion of sales of products for export [10,11].…”
Section: Resultsmentioning
confidence: 99%
“…Its scenario provides a 49% increase in gross value added. The forecasting of the value added of the surveyed enterprises according to OKVEDs 26, 27, 28 and 30 was carried out in the context of three basic strategies: expansion of sales of products in the domestic market (including for new and innovative products), expansion of sales of importsubstituting products and expansion of sales of products for export [10,11].…”
Section: Resultsmentioning
confidence: 99%
“… [52] , [53] . These digital technologies can also be further integrated with smart manufacturing and used to provide precise control systems in inspection, testing, quality assurance and quality control of products and equipment needed to meet the escalating demands during the ongoing pandemic [54] , [55] . Thus, various kinds of technological advancements have been witnessed within a short span of the last year for the management of the COVID-19 pandemic.…”
Section: Industry Interest In Monitoring Wastewater For Covid-19: Development Of New Technologiesmentioning
confidence: 99%
“…It is estimated that future manufacturing units, in the pursuit of higher orders of creative design and consumer‐personalized ergonomics, will opt for an automated configuration at every nodal level with collaborative bots mimicking artisanal moves precisely [26]. Another study drew parallels between each past industrial revolution and the organic manual means with which the functions they replaced were performed previously.…”
Section: Industrial Revolutionsmentioning
confidence: 99%