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Industry 4.0 from the MIS Perspective

Edited By Sevinc Gülseçen, Zerrin Ayvaz Reis, Murat Gezer and Çiğdem Erol

Nowadays, an end-to-end industrial transformation called Industry 4.0 sets new goals for manufacturing and impacts on business outcomes. With some of its characteristic elements such as IoT (Internet of Things), digital twin simulation models, advanced robots, big data analytics, and virtual/augmented reality, Industry 4.0 is «de facto» going further. The book aims to provide relevant theoretical frameworks and the latest empirical research findings in the area of Management Information Systems (MIS) with the scope of Industry 4.0. The strategic role of Industry 4.0 in the distributed business environment and the necessity to protect and properly utilize its key elements at different levels of organizations as well as in society are discussed.

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Industry 4.0 and Key Technologies: A Review (Abide Coşkun Setirek / Aysun Bozanta)

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Abide Coşkun Setirek* and Aysun Bozanta

Industry 4.0 and Key Technologies: A Review

1.  Introduction

The latest advancement in information and communication technologies (ICT) enables the increase in productivity and efficiency in industrial manufacturing. Countries with developed economies have been seeking to monitor and even create those new technologies to improve their wealth of nations.

“Industry 4.0,” which is a new industrial revolution, is the recent hotspot for most global industries and the information industry. There are three main aspects of the Industry 4.0: the Smart Product, the Smart Machine and the Augmented Operator (Weyer, Schmitt, Ohmer & Gorecky, 2015). The smart product is capable of holding the information about operational data and requirements as an individual building plan. Therefore, it can determine required resources and manage the production process (Stock & Seliger, 2016; Weyer, Schmitt, Ohmer & Gorecky, 2015). The smart machine implies the cyber-physical production systems (CPPS) which are able to communicate and collaborate with the surrounding physical devices, production modules and products through open networks and semantic descriptions (Monostori, 2014; Weyer, Schmitt, Ohmer & Gorecky, 2015). The third aspect of Industry 4.0 is the augmented operator who is able to adapt to challenging work environment of highly modular production systems (Weyer, Schmitt, Ohmer & Gorecky, 2015). The worker who will face with a large variety of jobs ranging from specification and monitoring to verification of production strategies should be the most flexible part of...

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