Fourth Industrial Revolution and Firms’ Digitalization

Adele Parmentola and Ilaria Tutore
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Adele Parmentola: Parthenope University of Naples
Ilaria Tutore: Parthenope University of Naples

Chapter Chapter 2 in Industry 4.0 Technologies for Environmental Sustainability, 2023, pp 23-43 from Springer

Abstract: Abstract The Fourth Industrial Revolution, which refers to the new paradigm providing the interconnection between the physical and digital world, opens a range of opportunities that concern numerous aspects at the micro (individual company) and macro (entire value chains, sectors) level. The new Industry 4.0 paradigm is enabled by a cluster of different technologies. Among the other classifications, Boston Consulting Group (BCG) identified nine enabling technologies that can be considered the pillars on which the Fourth Industrial Revolution is founded. After having defined the main features of each technology, Chap. 2 focuses on the analysis of a range of opportunities offered by these technologies, also as instruments to enhance companies’ sustainability.

Keywords: Industry 4.0; Digital technologies; Benefits of enabling technologies (search for similar items in EconPapers)
Date: 2023
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DOI: 10.1007/978-3-031-40010-0_2

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