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An Evaluation of the Industry 4.0 Framework: Insights from a Survey-Based Analysis

  • Unique Paper ID: 181712
  • Volume: 12
  • Issue: 1
  • PageNo: 5015-5021
  • Abstract:
  • The industry 4.0 (I4.0) architype is regarded as one of the most prominent topics within both academic and industrial spheres, encompassing emerging technologies that enhance process integration and offer digital solutions to assist companies in achieving the increased flexibility demanded by the market. Up to this point, the scientific literature has extensively focused on the development of enabling technologies and the evaluation of their effects across various industrial settings. Nevertheless, there is a notable deficiency in studies that provide empirical evidence regarding how manufacturing firms are navigating the digital transformation, particularly among smaller industrial entities. Subsequently, this paper pursues to examine the awareness, preparedness, and distribution levels of the I4.0 paradigm and its empowering technologies within Micro, Small, and Medium Enterprises (MSMEs) in Pune. A web-based survey was executed, resulting in interviews with companies. The findings from the survey indicate that MSMEs possess limited understanding of I4.0 and are inadequately prepared for its implementation.
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  • ISSN: 2349-6002
  • Volume: 12
  • Issue: 1
  • PageNo: 5015-5021

An Evaluation of the Industry 4.0 Framework: Insights from a Survey-Based Analysis

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Impact Factor
8.01 (Year 2024)
UGC Approved
Journal no 47859

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