Proceedings of the International Scientific and Practical Conference on Digital Economy (ISCDE 2019)

Industry 4.0.: advanced approach

Authors
S.G. Pyankova, E.R. Zakirova, E.N. Yalunina, O.T. Astanakulov, P.V. Veselukhina
Corresponding Author
S.G. Pyankova
Available Online December 2019.
DOI
10.2991/iscde-19.2019.75How to use a DOI?
Keywords
fourth industrial revolution, industry 40, digitalization, information technology, project management, management, automation
Abstract

The article contains the basic concepts that characterize the term Industry 4.0, presents the research results of leading analytical agencies, presents a comparative description of the traditional approach and flexible management methods, analyzes the “digital” trade balance of European countries, presents the technologies that form the basis of the fourth industrial revolution, gives comparative characteristics of hierarchical structures of production and management of traditional enterprises using flexible principles of design work. According to the results of the research, it was concluded that Industry 4.0 brings great opportunities for innovative manufacturers, system suppliers, and entire regions. But, as in the previous modernization stages, Industry 4.0 also poses a serious threat to companies and regions that are not keeping pace with modern challenges. As business models, economies, and skill requirements change, major changes in management decision-making practice will become apparent.

Copyright
© 2019, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the International Scientific and Practical Conference on Digital Economy (ISCDE 2019)
Series
Advances in Economics, Business and Management Research
Publication Date
December 2019
ISBN
978-94-6252-848-2
ISSN
2352-5428
DOI
10.2991/iscde-19.2019.75How to use a DOI?
Copyright
© 2019, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

TY  - CONF
AU  - S.G. Pyankova
AU  - E.R. Zakirova
AU  - E.N. Yalunina
AU  - O.T. Astanakulov
AU  - P.V. Veselukhina
PY  - 2019/12
DA  - 2019/12
TI  - Industry 4.0.: advanced approach
BT  - Proceedings of the International Scientific and Practical Conference on Digital Economy (ISCDE 2019)
PB  - Atlantis Press
SP  - 113
EP  - 116
SN  - 2352-5428
UR  - https://doi.org/10.2991/iscde-19.2019.75
DO  - 10.2991/iscde-19.2019.75
ID  - Pyankova2019/12
ER  -