Known also as Industry 4.0 includes the industrial internet of things, robotics, automation, additive layer manufacturing, artificial intelligence and analytics, simulation, augmented and virtual reality, and cloud-based platforms.
Published in Chapter:
Accelerating the Adoption of Industry 4.0 Industrial Digital Technologies in the Manufacturing Business Value Chain
Steven Barr (EDGE Digital Manufacturing, UK), Ravi Gidoomal (EDGE Digital Manufacturing, UK), Rajkumar Roy (City, University of London, UK), and Ahmed Kovačević (City, University of London, UK)
Copyright: © 2020
|Pages: 11
DOI: 10.4018/978-1-7998-2725-2.ch020
Abstract
Innovation in the field of industrial digital technologies (IDTs), the physical assets of Industry 4.0, continues apace. Other chapters in this handbook describe many examples of the diverse spectrum of IDTs on offer and in practice. The potential benefits of IDTs in enhancing productivity and competitiveness in the manufacturing value chain are much promoted by vendors, but to a lesser extent by academics and researchers, and even less so by suppliers, manufacturers, and customers. This chapter considers the reasons why adoption of IDTs has been slow in many industrialised countries, including the UK, and sets out a business-led approach to maximising productivity and competitiveness in the manufacturing value chain.