Implementing Industry 4.0 in SMEs: Concepts, Examples and Applications

This open-access book discusses the practical challenges of Industry 4.0 for SMEs, offering innovative research results and methods for successful implementation. Based on a large-scale EU-funded project, it provides examples and tools to support SMEs in embracing Industry 4.0.

Format: Paperback / softback
Length: 429 pages
Publication date: 09 May 2021
Publisher: Springer Nature Switzerland AG

This open-access book examines the practical challenges that Industry 4.0 presents for small and medium-sized enterprises (SMEs). While large companies have already begun to adapt to the changes brought about by the fourth industrial revolution, SMEs are at risk of being left behind due to a lack of examples, best practices, and established methods and tools. Building upon the previous book, 'Industry 4.0 for SMEs: Challenges, Opportunities, and Requirements,' the authors present innovative findings from research on smart manufacturing, smart logistics, and managerial models for SMEs. Conducted as part of a large-scale EU-funded research project involving seven academic institutions from three continents and a network of over fifty small and medium-sized enterprises, the book offers valuable insights into the methods and tools necessary for successful implementation of Industry 4.0, along with practical examples.

The authors of this book recognize that SMEs face unique challenges in embracing Industry 4.0. They may lack the resources and expertise required to implement advanced technologies and processes, such as artificial intelligence, the Internet of Things, and big data analytics. Additionally, SMEs may struggle to integrate these technologies into their existing business systems and processes, which can further exacerbate the challenges they face.

To address these challenges, the book provides a comprehensive framework for implementing Industry 4.0 in SMEs. It begins by discussing the key principles and technologies of Industry 4.0, such as automation, digitalization, and connectivity. The authors then explore how SMEs can leverage these technologies to improve their operations, increase efficiency, and enhance customer satisfaction.

The book includes a range of practical examples and case studies that demonstrate how SMEs have successfully implemented Industry 4.0 in their businesses. These examples cover various industries, including manufacturing, logistics, and healthcare, and showcase the benefits that SMEs can achieve through the adoption of Industry 4.0 technologies.

In addition to providing practical guidance, the book also offers insights into the managerial models and strategies that SMEs can use to successfully navigate the challenges of Industry 4.0. The authors discuss the importance of collaboration, innovation, and agility in the digital age and how SMEs can develop these skills to stay competitive and adapt to changing market conditions.

Overall, this open-access book is a valuable resource for SMEs looking to embrace Industry 4.0 and improve their operations. It provides a comprehensive framework for implementing Industry 4.0, along with practical examples and case studies that demonstrate the benefits that SMEs can achieve through the adoption of these technologies. By leveraging the insights and recommendations provided in this book, SMEs can position themselves for success in the digital age and remain competitive in the global marketplace.

Weight: 620g
Dimension: 152 x 212 x 32 (mm)
ISBN-13: 9783030705183
Edition number: 1st ed. 2021