Industry 4.0 as a lever for innovation: Review of Serbia's potential and research opportunities

Trbovich, Ana S.; Vučković, Aleksandar; Drašković, Branka

doi:10.5937/ekopre2002105t

Cited by 9 publications

(4 citation statements)

References 28 publications

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“…Nevertheless, many efforts have been made in recent years to improve interoperability and to achieve better results in the integration of BIM in the infrastructure sector [6][7][8][9][10][11].…”

Section: Literature Reviewmentioning

confidence: 99%

Procedural Modeling-Based BIM Approach for Railway Design

Biancardo

Intignano

Viscione

et al. 2021

Journal of Advanced Transportation

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Building information modeling (BIM) is a powerful methodological approach for designers that has revolutionized the field of architecture and construction for some years now, minimizing errors and making the entire design, construction, and management process more efficient. The first results have been so encouraging that many countries, from Europe to the United States to Asian countries, have adopted specific regulations to promote its development and use. BIM models are based on the Industry Foundation Classes (IFC) standard, i.e., an object-based file format with a data model developed by building SMART to facilitate interoperability. Objects are characterized by properties, such as geometry, material, cost, and all related construction process information, such as scheduling or the maintenance process. The 3D modeling of these objects geometric information is parametric, in order to make the design more flexible. This research work offers an insight into the possibilities offered by different BIM-based tools for parametric modeling applied in the railway sector whereby an example of a railway section model is presented. Indeed, the focus will be on the creation of parametric objects representing railway components, as existing BIM object libraries lack them in the IFC2 × 3 standard format.

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Section: Literature Reviewmentioning

confidence: 99%

Procedural Modeling-Based BIM Approach for Railway Design

Biancardo

Intignano

Viscione

et al. 2021

Journal of Advanced Transportation

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“…blocks, which are mutually identified and connected on the basis of encrypted information, thus forming chains [94,101]. These chains are formed within computer networks that represent nodes, which record, share and simultaneously synchronize transactions, thus creating a decentralized database [125]. The basic characteristics of Blockchain technology are: decentralization, verifiability and consistency (invariability) [51].…”

Section: Data Security and Blockchainmentioning

confidence: 99%

“…[41]. It is based on innovation in industry and it represents one of the key factors in the economic development of companies and countries [125]. The basic characteristics of Industry 4.0 are digitalization, automation, networking and development and application of new technologies in order to increase productivity and production in accordance with the specific requirements of the users [130].…”

Section: Introductionmentioning

confidence: 99%

Technological solutions in Logistics 4.0

Krstić¹,

Tadić²,

Zečević³

2021

Ekonomika preduzeća

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Technological development, automation, digitalization, networking, new forms of communication, etc. initiated a new industrial revolution, also known as Industry 4.0. It represents a new form of organization and control of the value chain in the product life cycle. By connecting and synergizing existing and new solutions and technologies of communication, data collection, exchange and analysis, production, process management, trade, etc. a new paradigm of human action, business and living has been created. A concept that is intensively changing production processes has emerged, but its effects are also visible in other areas of human activity, primarily trade, health, agriculture, logistics, etc. By applying the solutions and technologies of Industry 4.0 in the field of logistics, the concept of Logistics 4.0 was developed with the aim of achieving greater efficiency of logistics systems and processes. New technologies and solutions appear every day, but the backbone of the development of the Logistics 4.0 concept is comprised of several key technologies, such as: Internet of Things (IoT), Autonomous Vehicles (AV) and Automatic Guided Vehicles (AGV), Artificial Intelligence (AI), Virtual Reality (VR) and Augmented Reality (AR), Big data, Data mining, Blockchain, Cloud Computing (CC), 3D printing, etc. The aim of this paper was to define and describe in detail the aforementioned technologies, as well as the possibilities of their application in the logistics systems and processes through a review of the relevant literature in this field. It can be concluded that logistics, as a multidisciplinary science, represents a fertile ground for the acceptance and further development of existing modern technologies, but also the initiator and incubator of new technologies that could easily go beyond logistics and become part of the family of Industry 4.0 solutions.

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“…In the evolving technologies, new trends and possibilities emerge so quickly that it is sometimes difficult for businesses to keep up [12]. In addition to automation and Artificial Intelligence (AI), another notable technology that is perceived as an enabler of progressive innovation is blockchain or distributed ledger technology which is perceived as one of the catalysts of the Fourth Industrial Revolution [33].…”

Section: Literature Reviewmentioning

confidence: 99%

The impact of innovation indicators on increasing exports of high technology products

Domazet¹,

Marjanović²,

Ahmetagić³

et al. 2021

Ekonomika preduzeća

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Competitiveness of high-technology products (HTP) is more significant on the world market than products of medium and low quality. Increase in the innovation performance should lead to the growth of high technology application in production consequently rising exports of HTP as an important factor in increasing competitiveness. In this paper we wanted to analyze the correlations and conditionality of exports of HTP (share of exports in total country exports) and selected indicators that influence innovation: GDP, R&D costs (research and development cost in four sectors), degree of education of the population, number of researchers (in four sectors) and global innovation index (GII). The main aim was to identify which indicators contributed to the growth of exports of HTP in the analyzed countries (Serbia, Romania, Bulgaria and Hungary) in the observed period of ten years (2009-2018), in order to give certain recommendations on the measures and procedures Serbia should take to increase the level of innovation index and exports of HTP. In this paper, the exports of HTP was analyzed in Serbia, Romania, Bulgaria and Hungary. The influence of the chosen indicators on export of high technology products was analyzed using the POLS model, the fixed effects model and the random effects model. The results indicate that if analyzed countries do not find resources to intensify investment in education and R&D, they will not reach the average EU innovation indicators for many years. Also, it will seriously harm the competitiveness of the economies of the observed countries in the conditions dictated by the modern business environment and the challenges of the fourth industrial revolution (Industry 4.0).

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Industry 4.0 as a lever for innovation: Review of Serbia's potential and research opportunities

Cited by 9 publications

References 28 publications

Procedural Modeling-Based BIM Approach for Railway Design

Procedural Modeling-Based BIM Approach for Railway Design

Technological solutions in Logistics 4.0

The impact of innovation indicators on increasing exports of high technology products

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