2019
DOI: 10.1007/978-3-030-29996-5_46
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Development of a Modeling Architecture Incorporating the Industry 4.0 View for a Company in the Gas Sector

Abstract: Industry 4.0 is a fast growing concept which has started to gain ground over the last few years and strives to achieve a higher and more efficient production rate through the usage of automations. This concept is directly correlated with Business Process Management because its implementation concerns the improvement of business processes. Business Process Modeling is a tool of Business Process Management which can depict the processes of an organization in order to be elaborated and improved. For that reason m… Show more

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(1 citation statement)
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“…Identifying barriers related to the implementation of the Industry 4.0 concept can help improve the company's readiness to implement modern technologies. The introduction of these technologies depends on the maturity level of each company's capabilities (Govindan and Arampatzis, 2023;Panayiotou et al, 2019). Therefore, companies can expect a significant improvement in their current competitive position.…”
Section: Literature Reviewmentioning
confidence: 99%
“…Identifying barriers related to the implementation of the Industry 4.0 concept can help improve the company's readiness to implement modern technologies. The introduction of these technologies depends on the maturity level of each company's capabilities (Govindan and Arampatzis, 2023;Panayiotou et al, 2019). Therefore, companies can expect a significant improvement in their current competitive position.…”
Section: Literature Reviewmentioning
confidence: 99%