IDEAS home Printed from https://ideas.repec.org/a/ers/journl/vxxivy2021ispecial5p680-696.html
   My bibliography  Save this article

Modern Digital Technologies of Industry 4.0

Author

Listed:
  • Maciej Siemieniak

Abstract

Purpose: The paper presents a brief description of the most important technologies creating a new reality. Design/Methodology/Approach: The origin of the concept of Industry 4.0 and its basic recommendations for implementations, which are to lead to the achievement of the so-called smart industry was explained in the paper. The definition of this concept is presented in a descriptive way as a vision, a future state that will be shaped by changes in technique, technology, and organization. Findings: The information and communication technology presented in the article and the applications used in smart industry allowed to create an overall picture of the way all major digital technologies work and interact. Practical Implications: The knowledge can be used as a background for further theoretical research and as a guideline for managers making decisions on Industry 4.0 implementation. Originality / Value: A brief description of all industrial revolutions is the background to present the most important technologies characteristic of the fourth industrial revolution.

Suggested Citation

  • Maciej Siemieniak, 2021. "Modern Digital Technologies of Industry 4.0," European Research Studies Journal, European Research Studies Journal, vol. 0(Special 5), pages 680-696.
    • Handle: RePEc:ers:journl:v:xxiv:y:2021:i:special5:p:680-696
    as

    Download full text from publisher

    File URL: https://ersj.eu/journal/2791/download
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    Industry 4.0; industrial revolutions; digital technologies.;
    All these keywords.

    JEL classification:

    • M2 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics
    • D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ers:journl:v:xxiv:y:2021:i:special5:p:680-696. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Marios Agiomavritis (email available below). General contact details of provider: https://ersj.eu/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.