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Digital technologies of the industry 4.0
Book: Computer Science Advances: Research and Applications.. USA: Nova Science Publisher. , 2019
The industry 4.0 experiences mass introduction of digital technologies in production. During an era of digital economy of technology turn into workers, strongly washing away the border between opportunities of work and the capital. A driving factor of all processes is expansion of computer technologies. Approaches to business under the influence of the development of technologies changed, the need for hiring of employees for realization of daily routine tasks which was always the most important part of activity of any company in particular sharply decreased. Algorithms and technologies which do routine work, or its considerable proportion are developed. There is more and deeper penetration into our life of such phenomenon as “larger data.” The organizations collect an unimaginable amount of information practically about all aspects of the activity, these data include detailed data on a huge set of an art and operations. Computers learn to master easily and quickly new skills, especially when they have an access to the large volume of data for tutoring. The digital industry changes sectors of economy and labor market. There is an interaction of technologies and economy. New social policy and infrastructure of the digital economy, financial system, labor market and education is built.
Future of work with the industry 4.0
INTERNATIONAL CONGRESS ON SOCIAL SCIENCES PROCEEDING BOOK, 2019
Historically, technological improvements that develop the production process have been one of the most determinants for industrial revolutions. Recently, it is suggested that the last point that production technologies have reached points out a new industrial revolution as it means that it is Industry 4.0-the fourth industrial revolution. The usage in the industry of advanced technologies such as artificial intelligence, nanotechnology, quantum computing, synthetic biology and robotics is regarded as the beginning of Industry 4.0. It is expected that Industry 4.0 creates better prospects in the production process while bringing with some changes in social, economic, environmental and political systems. Undoubtedly, among those changes, employment issues and the future of work take part in at the top. With the transition to Industry 4.0, some suggest that automation and robots are more likely to replace many jobs performed by labour and lead to massive job losses, others claim that Industry 4.0 will provide net employment increase by creating new jobs and employment fields. Nevertheless, the effect of Industry 4.0 on employment and the future of work is still keeping ambiguous. In this regard, the paper aims to present a literature review to discuss the possible effect of Industry 4.0 on employment and the future of work. In the result of the literature review, it is concluded that with Industry 4.0, there will be an increase in demand for human resources that hold new qualifications and skillsets, however, it will bring with increases in the gig economy with precarious, the lack of bargaining power and legal protection, in non-standard working forms and in unemployment and underemployment risks.
International journal of innovative technology and exploring engineering, 2019
Industrialization is the crucial arm of an economy which is a dream for every single country on the globe. The theoretical term Industry 4.0 or Smart Factory delineates a societal and basic man comprehension of computerized innovative (digitalization) patterns which further subdivides the accompanying arrangements into Mobile gadgets, Internet of Things (IoT) stages, Location discovery advances, Advanced human-machine interfaces, Authentication and extortion identification, 3D printing, Smart sensors, Big information investigation and propelled calculations, Multilevel client communication and client profiling, Augmented reality / wearables, Cloud registering, haze figuring, man-made consciousness, AI, mechanical autonomy computerization and so forth. This paper manages the investigation of various parts of Industry 4.0 with it's entomb connection with advancement and business cultivating towards big business manifestations and upgrade of worldwide economy through innovative intercessions.
Key Information Technologies of Industry 4.0
ЗБОРНИК РАДОВА ЕКОНОМСКОГ ФАКУЛТЕТА У ИСТОЧНОМ САРАЈЕВУ, 2020
In the last ten years, three new information technologies have emerged, representing the realization of old (by the time of emergence) theoretical concepts, but new in creativity and innovation, as well as incredible potential for the realization of revolutionary ideas and changes in all areas of human activity, which by one name they call 4th Industrial Revolution or Industry 4.0. They are: Big Data Analytics technology, Cloud Computing and Blockchain technology. Each of them individually represents the realization of new paradigms of computer data processing, which could not be practically implemented until the development of information and communication technologies, especially the Internet, Web applications, new operating systems, network technologies, mobile telephony, technologies of advancement of hardware performances, internet of things, etc. The primary aim of this paper is to get acquainted with the characteristics of these technologies and their potentials, their advant...
International Journal of Innovative Technology and Exploring Engineering, 2019
Industrialization is the crucial arm of an economy which is a dream for every single country on the globe. The theoretical term Industry 4.0 or Smart Factory delineates a societal and basic man comprehension of computerized innovative (digitalization) patterns which further subdivides the accompanying arrangements into Mobile gadgets, Internet of Things (IoT) stages, Location discovery advances, Advanced human-machine interfaces, Authentication and extortion identification, 3D printing, Smart sensors, Big information investigation and propelled calculations, Multilevel client communication and client profiling, Augmented reality / wearables, Cloud registering, haze figuring, man-made consciousness, AI, mechanical autonomy computerization and so forth. This paper manages the investigation of various parts of Industry 4.0 with it’s entomb connection with advancement and business cultivating towards big business manifestations and upgrade of worldwide economy through innovative interce...
Artificial Intelligence in Established of Industry 4.0
WSEAS transactions on business and economics, 2022
The purpose of scientific research is to present the features of digitization of business processes using artificial intelligence at enterprises as a foundation on which the gradual formation of Industry 4.0 is built and the search for reserves of socioeconomic growth in the conditions of the development of digital ecosystem and digital entrepreneurship. Presentation of a number of positive and negative consequences of the influence of artificial intelligence on the operation of digital infrastructure, as well as to indicate possible approaches in the practical application of artificial intelligence based on the substantive characteristics of its construction. The results and forecasts of four waves of modern development of artificial intelligence are presented, including: increasing the profits of Internet companies, monetization of creative Internet applications; reducing the number of cases of non-repayment of loans, establishing objective diagnoses, court decisions, etc.; protection of phones and digital wallets; payment by face scan. It was determined that the expected high-quality product of the fourth wave of modern development of artificial intelligence will be computer intelligence that understands and changes the world, a direct economic benefit first of highly structured environments, and then of other spheres of human activity. The peculiarities of the application of artificial intelligence in the course of the formation of digital enterprises of Industry 4.0 are revealed. The possibilities and advantages of the application of technical capabilities on which the development of artificial intelligence technology is based are analyzed. Approaches to the practical use of artificial intelligence are indicated, including: the synthesis of a human likeness with an independent thinking platform; predictive analytics; methods of control, planning and dispatching; storage, processing and presentation of knowledge. Having conducted a thorough analysis in parts of the acceleration of deep digitalization of business processes with the help of artificial intelligence, authors determined the impact of digitalization process and the operation of digital platforms on the transformational WSEAS TRANSACTIONS on BUSINESS and ECONOMICS
Aspects regarding skills and education related to Industry 4.0
MATEC Web of Conferences
People is changing. Technology is changing. Economy is changing. Society is changing. Education is changig. In the Industry 4.0 the digitalization and VR, AR, CPS, IoT, ICT, AI assures higher precisions, higher productivity, mass customisation, less waste, and less pollution and contributes to the society change. All the applied and ready to apply technologies receive digital component, as result of the rapid development of information and communication technology. The main objective of the paper is to see in specialized literature what are the skills required by Industry 4.0 (I.4.0), what are the means associated with the concept of Education 4.0 (E.4.0) to obtain them, and to what extent education systems are adapting to these new requirements, which are constantly changing. In addition, it is presented the current situation regarding education perspective and some directions of action, and at the end, a number of conclusions focused on what we could do to all benefit from technol...
INDUSTRY 4.0: AN INSIGHT INTO THE SCOPES AND CHALLENGES OF THE 4 TH INDUSTRIAL REVOLUTION
GIS SCIENCE JOURNAL, 2021
We live in a world where digitalization and artificial intelligence has taken over most of the domains. The COVID-19 pandemic has indeed pushed us towards adopting a digital transformation within a few months which was otherwise expected to take over by a few years. The transformation was quite visible in many areas such as banking, billing, shopping, medical, education, etc. With the advent of better technologies taking up tasks, the impact of the next Industrial Revolution (IR)-Industry 4.0 is all set to take over almost every field. The Fourth Industrial Revolution or Industry 4.0 is a complete transfiguration into the digital world by the application of artificial intelligence, machine learning algorithms, and smarter machines. In this paper, a review on the impact of Industry 4.0 on some of the currently dominant areas such as manufacturing/production industry, consumer, economic sectors, finance/banking sectors, agriculture, education, and healthcare are discussed. Also, the challenges and crises that the Industrial Revolution could bring about in these areas are evaluated. The Fourth Industrial Revolution is bound to bring a radical change compared to all other Industrial Revolutions. Digital innovations with blockchain technologies, Artificial Intelligence, Machine Learning algorithms, 3D Printing, and the Internet of Things are expected to hit the global industry. Apart from this, there would be a substantial reduction in human efforts and labour, but there would definitely be a rise the employment opportunities, like coding of machine learning and AI algorithms, and training the machines. Professionals need to continuously upgrade their knowledge. Another major challenge that Industry 4.0 is expected to face is that technology could be misused, especially since all the data generated is bound to be digitalized. On a brighter note, it is believed that the Fourth IR could bring about a smart future, but it could also be a challenge in the far future. The emergence of Industry 4.0 may not leave the human race unemployed, but humans need to get ready to go along with intelligent and smart machines, which can even predict the future. Hence, we need to make sure that we develop our skills accordingly.
A detailed introduction to the “Industry 4.0” revolution (Chapter)
2019
Until today, three industrial revolutions have occurred over time; starting from that of the late 1700s (note for the use of the “machine steam”) to the advent of the first computers in factories (1960-1970), they have brought a radical change not only in the production in the industry, but also in the society. Technology has never stopped innovating. This increasing evolution has been and is still sustained by the man, who seeks progressively advanced tools that improve her/hisexistence.This chapter is devoted to the theme of Industry 4.0 and all aspects related to it; starting by the birth and the meaning of the term, the author illustrates all those technologies that have significantly determined the beginning of the fourth revolution, describing their characteristics,their potential and some methods of use in the industrial field and social sphere. Furthermore, important topics such as ethics, privacy and security will be considered, in a reality where all data are shared and sa...
The investigation of the problems of the digital competences formation for Industry 4.0 workforce
IOP Conference Series: Materials Science and Engineering, 2019
The article describes results of a research performed by its authors at Peter the Great St. Petersburg Polytechnic University with the main purpose to determine the status of usage of digital technologies and state-of-the-art communication means by students while studying, and also to make conclusions on achievements in digital competences formation and readiness of university students to work for the future digital industry. The research was conducted on the basis of questionnaire prepared by the authors of the article comprising three sections and including 18 questions. The total number of respondents made 187 persons from two University institutes. Analysis of the results obtained was made both on the whole selection and on the areas of focus and students' readiness levels. Conclusions were made regarding the substantial part of students who are conservative toward up-to-date Information and Communication technologies, and, consequently, the insufficient level of digital competences of these students that may cause problems in the future, during Industry 4.0 companies staffing. Recommendations on solving the problem identified are given in the article.