The Impact of Industry 4.0 on Advanced Operations Management
Session
Information Systems and Security
Description
Advanced Operations Management (AOM) is dealing with ever greatest complexity, which in order to function requires increased flexibility and high working speed of production systems and processes. The integration of information technology is comprehended by the development and use of cyber-physical systems, which actually are the enablers of well-known "Industry 4.0”. The ongoing discussions about the "digital revolution" and "competitive disruptive advantages" have led to the creation of such a business vision named "Industry 4.0." However, the concept of Industry 4.0 and its impact on business operations is producing many challenges. This research addresses and examines the consequences and potentials of Industry 4.0 on advanced business transformation processes. Industry 4.0 consists of the functional integration of Cyber-Physical Systems, Artificial Intelligence (AI) and Data Science (data security) to provide the potential for the functioning of new technologies such as the Internet of Things and vice-versa. The research exploits qualitative and quantitative approaches to data collection and analysis based on literature and on the case studies. The involvement of this research is focused on the identification and analyses of needs, problems, and benefits related to the implementation of Industry 4.0 on business operations.
Keywords:
Industry 4.0., Artificial Intelligence, Cyber-physical Systems, Security, Internet of Things, Cloud.
Session Chair
Sarfraz Iqbal
Session Co-Chair
Bejtush Ademi
Proceedings Editor
Edmond Hajrizi
ISBN
978-9951-550-19-2
Location
Pristina, Kosovo
Start Date
26-10-2019 11:00 AM
End Date
26-10-2019 12:30 PM
DOI
10.33107/ubt-ic.2019.83
Recommended Citation
Limani, Ylber; Hajrizi, Edmond; and Stapleton, Larry, "The Impact of Industry 4.0 on Advanced Operations Management" (2019). UBT International Conference. 83.
https://knowledgecenter.ubt-uni.net/conference/2019/events/83
The Impact of Industry 4.0 on Advanced Operations Management
Pristina, Kosovo
Advanced Operations Management (AOM) is dealing with ever greatest complexity, which in order to function requires increased flexibility and high working speed of production systems and processes. The integration of information technology is comprehended by the development and use of cyber-physical systems, which actually are the enablers of well-known "Industry 4.0”. The ongoing discussions about the "digital revolution" and "competitive disruptive advantages" have led to the creation of such a business vision named "Industry 4.0." However, the concept of Industry 4.0 and its impact on business operations is producing many challenges. This research addresses and examines the consequences and potentials of Industry 4.0 on advanced business transformation processes. Industry 4.0 consists of the functional integration of Cyber-Physical Systems, Artificial Intelligence (AI) and Data Science (data security) to provide the potential for the functioning of new technologies such as the Internet of Things and vice-versa. The research exploits qualitative and quantitative approaches to data collection and analysis based on literature and on the case studies. The involvement of this research is focused on the identification and analyses of needs, problems, and benefits related to the implementation of Industry 4.0 on business operations.