International Academic Symposium of Social Science 2022 2022
DOI: 10.3390/proceedings2022082085
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Industrial Revolution (IR) 4.0: Opportunities and Challenges in Online Business

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Cited by 7 publications
(6 citation statements)
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References 17 publications
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“…The industry is witnessing a shift from hardware to software-based solutions (Accenture, 2018), enabling the development of connected factories and redefining work roles (FICCI et al, 2017). Industry 4.0 has influenced various domains, notably supply chain management, where real-time data exchange through smart technologies has reshaped traditional structures (Ali et al, 2022). This transformation demands enhanced analytical and technological skills from employees who interpret data, strategic decision-making and integrate innovation (Suneja & Sikka, 2022).…”
Section: Theme 1 Industry 40 Causing Substantial Disruptionsmentioning
confidence: 99%
See 1 more Smart Citation
“…The industry is witnessing a shift from hardware to software-based solutions (Accenture, 2018), enabling the development of connected factories and redefining work roles (FICCI et al, 2017). Industry 4.0 has influenced various domains, notably supply chain management, where real-time data exchange through smart technologies has reshaped traditional structures (Ali et al, 2022). This transformation demands enhanced analytical and technological skills from employees who interpret data, strategic decision-making and integrate innovation (Suneja & Sikka, 2022).…”
Section: Theme 1 Industry 40 Causing Substantial Disruptionsmentioning
confidence: 99%
“…In summary, Industry 4.0 offers expansion prospects within the automotive sector (Ali et al, 2022; Deloitte Insights, 2020; Lin et al, 2018), enhancing efficiency, customisation capabilities and fostering an agile supply chain, prompting strategic revaluation (Deloitte Insights, 2020).…”
Section: Industry 40mentioning
confidence: 99%
“…Moreover, IR 4.0 does not just refer to intelligent and connected processes and gadgets-related, but it also entails a much broader attitude and has a significant impact on the global political, social, and economic systems (Ali et al, 2022). Due to IR 4.0's qualities, the technology industry should be quite lucrative for investors, with significant future investments perhaps strengthening the digitization and internet segments in particular.…”
Section: Technology Industrial Revolution 40 and Education 40mentioning
confidence: 99%
“…Due to IR 4.0's qualities, the technology industry should be quite lucrative for investors, with significant future investments perhaps strengthening the digitization and internet segments in particular. Additionally, IR 4.0 can provide a business with a significant edge since it allows for real-time data analysis (Ali et al, 2022). The population's current access to technology served as the catalyst as this is primarily built on the Internet of Things-enabled digitization, automation, personalization, customization, and integration of IT management systems and factory production systems (IoT) (Abdelmajied, 2022).…”
Section: Technology Industrial Revolution 40 and Education 40mentioning
confidence: 99%
“…Industri 4.0, juga dikenal sebagai Revolusi Industri Keempat, mengacu pada tren otomatisasi dan pertukaran data saat ini di bidang manufaktur dan industri lainnya (Ali et al, 2022). Hal ini dicirikan oleh integrasi teknologi canggih seperti Internet of Things (IoT), kecerdasan buatan (AI), dan robotika ke dalam proses manufaktur, dengan tujuan menciptakan "pabrik pintar" yang dapat berkomunikasi dan mengoptimalkan produksi secara real-time (Widiastuti & Mirnawati, 2020).…”
Section: Pendahuluanunclassified