Understanding industry 4.0: a literature review

Béla-Gergely Rácz
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Béla-Gergely Rácz: Faculty of Economics and Business Administration, Babeş–Bolyai University of Cluj-Napoca

Management Intercultural, 2024, issue 52, 25-30

Abstract: Industry 4.0, characterized by the integration of cyber-physical systems, advanced automation, and data-driven decision-making, marks a significant shift in manufacturing. This literature review synthesizes existing research to comprehensively explore Industry 4.0, encompassing its historical context, principles, technological enablers, challenges, applications, future directions, and implications. This literature review employed a systematic approach to gather and analyze relevant research articles on Industry 4.0.

Keywords: industry 4.0; IoT; artificial intelligence (search for similar items in EconPapers)
JEL-codes: M11 (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:cmj:interc:y:2024:i:52:p:25-30

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