Enabling Factors in Firms Adoption of New Digital Technologies. An Empirical Inquiry on a Manufacturing Region

Corò, Giancarlo; Pejcic, Dejan; Volpe, Mario

doi:10.2139/ssrn.3038307

Cited by 4 publications

(3 citation statements)

References 28 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…For example, Camisón [47] which in empirical research, noted the contribution and advantages of information technologies to their competitiveness. Raza et al [48], Bakkari and Khatory [49], Corò et al [50] focus on the main conditions that are necessary to move to Industry 4.0. The transition of firms to automation processes reduces the dependence on people and reduces the cost and increases the efficiency.…”

Section: Discussionmentioning

confidence: 99%

Analysis of the Difficulties of SMEs in Industry 4.0 Applications by Analytical Hierarchy Process and Analytical Network Process

2018

View full text Add to dashboard Cite

The concept of Industry 4.0 is seen as a recent paradigm in the manufacturing sector. The use of new production and management technologies required by the concept of Industry 4.0 is very important for small enterprises in order to keep up with the competition. However, most enterprises look at these requirements in a negative way. This study analyzes the propulsion forces of Industry 4.0 adopted in small and medium enterprises. By analyzing the difficulties in the transition process of small and medium-sized enterprises (SMEs) to Industry 4.0, the company contributes to the determination of strategic steps taking these results into consideration. This will facilitate the transition of enterprises to Industry 4.0 and progress can be made towards efficient use of resources. A hierarchical structure was established under the four main criteria of innovation, organization, environmental, and financial aspects, and the relative weight of these criteria and sub-criteria were calculated. The surveys conducted on business managers were evaluated using multi-criteria decision-making methods by the analytic hierarchy process method and the analytic network process. At the same time, the interaction between these criteria was taken into consideration and the criteria were re-evaluated by the analytical network process method. The results of the two methods seem to support each other.

show abstract

Section: Discussionmentioning

confidence: 99%

Analysis of the Difficulties of SMEs in Industry 4.0 Applications by Analytical Hierarchy Process and Analytical Network Process

2018

View full text Add to dashboard Cite

show abstract

“…Camisón (2000) acknowledged the importance and benefits of information technology towards the success of empirical analysis. Raza et al (2015), Corò et al (2017), Bakkari and Khatory (2017) concentrate on some of the essential requirements needed for shifting to Industry 4.0. The transformation from industries to systems of automation decreases human dependency and lowers costs and improves performance.…”

Section: Literature Reviewmentioning

confidence: 99%

Identification of cause and effect relationships among barriers of Industry 4.0 using decision-making trial and evaluation laboratory method

Nimawat

Gidwani

2021

BIJ

View full text Add to dashboard Cite

PurposeIndustry 4.0 is regarded as a modern industrial phase wherein convergence between horizontal and vertical production systems, along with their interactions, would enable industries to obtain excellent industrial efficiency. This research thus explores the barriers relevant to Industry 4.0 and their cause and effect relations using the decision-making trial and evaluation laboratory (DEMATEL) technique, and this will assist in the implementation of Industry 4.0 in manufacturing industries.Design/methodology/approachA comprehensive literature review is carried out to outline the barriers for the Industry 4.0 implementation. The investigative techniques used in this research were conducted utilizing a questionnaire as an instrument for collecting data. The data collected were analysed using the method DEMATEL.FindingsThe findings indicate that key barriers to implementing Industry 4.0 include their cause and effect relationships. Reported “implementation costs” have been a critical barrier for Industry 4.0 implementation. Prioritization of barriers and their cause and effect relationships was achieved so that decision-makers could concentrate on overcoming such barriers for Industry 4.0 implementation.Practical implicationsThe research is intended to assist executives in recognizing the barriers to Industry 4.0 implementation in their manufacturing industries. Furthermore, the strong functional and empirical importance of emerging and digital manufacturing technologies ensures that understanding the necessary barriers to implementation is important.Originality/valueThis is one of the first few empirical studies in the field of Indian manufacturing industries that uses the DEMATEL method framework as a foundation for recognizing cause-effect interactions among the barriers that affect Industry 4.0.

show abstract

“…An entire set of 16 important factors under the headings of the four evaluation criteria are cost, organizational, environmental and innovation. Bakkari and Khatory (2017), Raza et al (2015), Corò et al (2017) concentrate on the significant factors required to shift towards Industry 4.0.…”

Section: Resultsmentioning

confidence: 99%

Prioritization of important factors towards the status of industry 4.0 implementation utilizing AHP and ANP techniques

Nimawat

Gidwani

2020

BIJ

View full text Add to dashboard Cite

PurposeThe purpose of the paper is to visualize the priorities of important factors towards the status of Industry 4.0 implementation in Indian manufacturing industries by utilizing the analytic hierarchy process (AHP) and analytic network process (ANP) techniques.Design/methodology/approachBased on a review of relevant literature, the authors recognized four criteria and 16 critical factors that have been validated by academic and industry experts. AHP and ANP models are then developed to evaluate the requirements and essential elements of the Industry 4.0 implementation. The outcomes were validated with the aid of sensitivity analysis.FindingsThe above models offer the industry a clear and straightforward way to understand the critical factors in the status of Industry 4.0 implementation. The two techniques have emerged to be influential in deciding the status of Industry 4.0 implementation. The two methods yielded almost identical outcomes. Both methods take into account the industry's specific needs based on their available capacity.Practical implicationsDecision-makers and specialists will use the strategies discussed in this paper to effectively include the implementation status of Industry 4.0 in their industries, based on their ability to make arrangements for proper implementation of Industry 4.0 and to concentrate on top priority factors when implementing Industry 4.0 at their workplace.Originality/valueThe contribution of this research is that it is the first to be carried out with a view to both AHP and ANP to analyze important factors regarding the implementation status of Industry 4.0 and authentication through sensitivity analysis methods; this is a recent initiative in Industry 4.0.

show abstract

Enabling Factors in Firms Adoption of New Digital Technologies. An Empirical Inquiry on a Manufacturing Region

Cited by 4 publications

References 28 publications

Analysis of the Difficulties of SMEs in Industry 4.0 Applications by Analytical Hierarchy Process and Analytical Network Process

Analysis of the Difficulties of SMEs in Industry 4.0 Applications by Analytical Hierarchy Process and Analytical Network Process

Identification of cause and effect relationships among barriers of Industry 4.0 using decision-making trial and evaluation laboratory method

Prioritization of important factors towards the status of industry 4.0 implementation utilizing AHP and ANP techniques

Contact Info

Product

Resources

About