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Industrial revolution - industry 4.0: Are German manufacturing SMEs the first victims of this revolution?


 
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1. Title Title of document Industrial revolution - industry 4.0: Are German manufacturing SMEs the first victims of this revolution?
 
2. Creator Author's name, affiliation, country Lutz Sommer; Department of Business Administration and Engineering Albstadt-Sigmaringen University; Germany
 
3. Subject Discipline(s) Production Management
 
3. Subject Keyword(s) Industry 4.0, SME, Digitalization, Automation, Internet of Things
 
4. Description Abstract

Purpose: Industry 4.0 represents a special challenge for businesses in general and for SMEs in particular. The study at hand will examine companies´ awareness, readiness and capability to meet this challenge taking into account the special role of SMEs.

Methodology: The results of nine studies dealing with this range of topics are examined in the framework of a systematic review and compared with regard to the objective of the study at hand.

Findings: The review showed that, as a rule, there is an awareness concerning the relevance of the topic. The readiness and the capability to meet this challenge exist in parts; however, they strongly depend on the enterprise size. The smaller SMEs are, the higher the risk that they will become victims instead of beneficiaries of this revolution.

Originality/value: Considering different studies concerning Industry 4.0 the article gives an insight into the dependence of the Industry 4.0 readiness in reference to the company size. This deepens the knowledge in adaption deficits German SME still have and opens different approaches for further research and action plans.
 
5. Publisher Organizing agency, location OmniaScience (Omnia Publisher SL)
 
6. Contributor Sponsor(s)
 
7. Date (YYYY-MM-DD) 2015-11-28
 
8. Type Status & genre Peer-reviewed Article
 
8. Type Type database exploitation
 
9. Format File format PDF
 
10. Identifier Uniform Resource Identifier https://jiem.org/index.php/jiem/article/view/1470
 
10. Identifier Digital Object Identifier (DOI) https://doi.org/10.3926/jiem.1470
 
11. Source Title; vol., no. (year) Journal of Industrial Engineering and Management; Vol 8, No 5 (2015)
 
12. Language English=en en
 
13. Relation Supp. Files
 
14. Coverage Geo-spatial location, chronological period, research sample (gender, age, etc.)
 
15. Rights Copyright and permissions Copyright (c)