Assessing Industry 4.0 Features Using SWOT Analysis

Title
Assessing Industry 4.0 Features Using SWOT Analysis
Publication Date
2020
Author(s)
Bakhtari, Ahmad Reshad
Waris, Mohammad Maqbool
Mannan, Bisma
Sanin, Cesar
( author )
OrcID: https://orcid.org/0000-0001-8515-417X
Email: cmaldon3@une.edu.au
UNE Id une-id:cmaldon3
Szczerbicki, Edward
Type of document
Conference Publication
Language
en
Entity Type
Publication
Publisher
Inderscience Publishers
Place of publication
Switzerland
DOI
10.1007/978-981-15-3380-8_19
UNE publication id
une:1959.11/61778
Abstract

This paper assesses some features of industry 4.0 by using SWOT analysis that affects the adoption and implementation of industry 4.0. The paper identifies the strengths, weaknesses, opportunities, and threats related to industry 4.0. By the consideration of these four groups of factors, the industrial practitioners can understand how to implement industry 4.0. Moreover, industrial practitioners can use the strengths/opportunities offered by industry 4.0 to take strategic decisions to decrease the effect of the threats/weaknesses that come along with industry 4.0.

Link
Citation
Intelligent Information and Database Systems, v.1178, p. 216-225
ISSN
1751-5866
1751-5858
Start page
216
End page
225

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