Augmented Reality technology - a sustainable element for Industry 4.0

Ioan-David Legman () and Manuela Rozalia Gabor ()
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Ioan-David Legman: University of Medicine, Pharmacy, Sciences and Technology "George Emil Palade" of Târgu-Mureș, Street Gheorghe Marinescu 38, Târgu-Mureș, 540139, Romania
Manuela Rozalia Gabor: University of Medicine, Pharmacy, Sciences and Technology "George Emil Palade" of Târgu-Mureș, Street Gheorghe Marinescu 38, Târgu-Mureș, 540139, Romania

Acta Marisiensis. Series Oeconomica, 2020, vol. 2, 9-18

Abstract: Augmented Reality (AR) is a current, sustainable, efficient, and promising tool that will make an essential contribution to the development of the Industry 4.0 revolution. AR technology fully and effectively responds to the current extended digital age, in the last year and in the field of education, of learning at all levels. The applicability of AR technology is varied and complex: retail interior design, health, industry, logistics, etc. This paper show the applicability of AR technology in the learning process, from the perspective of the Industry 4.0 concept, highlighting the sustainable and efficient aspects on the economic performance and not only of the companies. The main conclusion of this research is that the use of modern digital technology (AR and VR) in learning in various fields, including education, must be based on the principles of ROI (Return on Investments) and SROI (Social Return on Investments).

Keywords: Augmented reality; Industry 4.0; Business; Business Education; Virtual Reality (search for similar items in EconPapers)
JEL-codes: O14 Q55 (search for similar items in EconPapers)
Date: 2020
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