“…Table 1 summarizes the major capability or competency diagnosis models related to smart factories. In addition to the six diagnostic models, other major diagnostic models related to smart manufacturing include Rockwell Automation's The Connected Enterprise Maturity Model [30], VDMA's IMPULS-Industry 4.0 Readiness [31], Fraunhofer Oberösterreich's Reifegradmodell Industrie 4.0 [32], PwC's Maturity Model-Industry 4.0 capabilities [33], and the Smart Manufacturing System Readiness Level [34]. This model measures the level of digital maturity of a company in the areas of market analysis (threat of new entrants, bargaining power of buyers, bargaining power of suppliers, competition with existing competitors, threat of substitutes), business (customer, culture/workforce, digital strategy, governance, digital market building, transition management, digital operations), and IT (interoperability, IT security, big data, connectivity) [8].…”