2023
DOI: 10.1002/tie.22337
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Digital innovation: An essence for Industry 4.0

Abstract: The goal of this paper is to explain why digital innovation is so important in business organizations in order to survive in Industry 4.0. The study helps to understand the new era of Industry 4.0 and the importance of introducing digital innovation into organizations. A systematic review of the literature and studies on Industry 4.0 and digital innovation were synthesized to find answers to the research questions. To improve their manufacturing industry, organizations have implemented digital technologies suc… Show more

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Cited by 19 publications
(8 citation statements)
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References 134 publications
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“…Combining technologies such as artificial intelligence, supply chain management, distribution management systems or warehouse management systems helps companies to improve their efficiency, reduce costs and increase profitability. This issue requires further detailed research but confirms the earlier claims by Gupta and Jauhar (2023), who highlighted that using digital innovations such as artificial intelligence, machine learning, robotics programming, augmented reality, cloud computing or big data analytics enabled firms to lower operating and storage costs, automate their functions, provide better services to their customers and make their operations more fluid and flexible.…”
Section: Resultssupporting
confidence: 75%
See 1 more Smart Citation
“…Combining technologies such as artificial intelligence, supply chain management, distribution management systems or warehouse management systems helps companies to improve their efficiency, reduce costs and increase profitability. This issue requires further detailed research but confirms the earlier claims by Gupta and Jauhar (2023), who highlighted that using digital innovations such as artificial intelligence, machine learning, robotics programming, augmented reality, cloud computing or big data analytics enabled firms to lower operating and storage costs, automate their functions, provide better services to their customers and make their operations more fluid and flexible.…”
Section: Resultssupporting
confidence: 75%
“…I4.0 encompasses cutting-edge technologies like 3D printing, the Internet of Things (IoT), Big Data, artificial intelligence and cloud computing and recognises the importance of organisational and social dimensions (Cugno et al , 2022). In this era, enterprises must embrace digital innovations to remain competitive (Gupta and Jauhar, 2023), using technologies as enablers to automate logistics, optimise manufacturing performance and streamline production processes. Previous research highlighted the potential of clusters in this context and identified them as ecosystems fostering the fourth industrial revolution and driving digital business transformations (Jankowska et al , 2021).…”
Section: Introductionmentioning
confidence: 99%
“…Digital innovation and similar technologies are developed in response to widespread issues in all areas of activity [44]. Network capability explores different methods, ideas, and websites that should be used by institutions that comprehend what they are which problems and difficulties they may encounter, as well as what they require from such a framework and webpage that improves their services and helps in accomplishing their objectives [45][46][47]. The energy sector's digitalization is the use of digital innovation to enhance the management of production, storage, transport, and distribution.…”
Section: Digital Innovation Strengthen the Nc And Iwbmentioning
confidence: 99%
“…Many global companies use artificial intelligence for business reasons, including to analyse data and regulate transactions (Gupta & Jauhar, 2023). The impeding transformations from artificial intelligence are likely to change existing business processes and practices (Sestino & De Mauro, 2022).…”
Section: Introductionmentioning
confidence: 99%