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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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Toward A Maturity Model for Industry 4.0: A Systematic Literature Review (Umut Şener / Ebru Gökalp / P. Erhan Eren)

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Umut Şener*, Ebru Gökalp and P. Erhan Eren

Toward A Maturity Model for Industry 4.0: A Systematic Literature Review

1.  Introduction

The term Industry 4.0 was first used at the 2011 Hannover Fair to refer to the German Federal Government’s 2020 development plan for advanced technology, and was further described as a new revolution of today’s industry aiming a fully digital transformation in production (Kagermann, Wahlster & Held, 2012).

The first industrial revolution emerged through the employment of hydro energy and steam power in production. The second industrial revolution is related to production automation and mass production with electrical energy. As for the third Industrial Revolution, it includes the transformation from analog to digital technology by using Information and Communication Technologies (ICT) in production. The fourth industry revolution, called Industry 4.0, is predicted to be a period of industrialization that will bring about radical changes in industrial production, with the use of Cyber-Physical Systems (CPS), which combine the Internet of Things (IoT) with the production ecosystem (Shrouf, Ordieres & Miragliotta, 2014). Within the scope of this revolution, it is aimed that physical processes are monitored by CPS, which create a copy of the physical world in a virtual environment, where processes and systems are interconnected, and they have intelligent and self-controlled structure (Reiner, 2014). It is anticipated that this revolution provides manufacturing companies the capability to achieve increased efficiency, transparency and flexibility, to reduce costs and to...

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