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Towards Measurability and Identification of Key Benchmarks of Industry 4.0

The result's identifiers

  • Result code in IS VaVaI

    <a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F49777513%3A23330%2F18%3A43951517" target="_blank" >RIV/49777513:23330/18:43951517 - isvavai.cz</a>

  • Result on the web

    <a href="https://drive.google.com/file/d/1bAnZIo7WuJgump9AUc2TxzgNXw-ki6rk/view" target="_blank" >https://drive.google.com/file/d/1bAnZIo7WuJgump9AUc2TxzgNXw-ki6rk/view</a>

  • DOI - Digital Object Identifier

    <a href="http://dx.doi.org/10.24132/jbt.2018.8.2.39_47" target="_blank" >10.24132/jbt.2018.8.2.39_47</a>

Alternative languages

  • Result language

    angličtina

  • Original language name

    Towards Measurability and Identification of Key Benchmarks of Industry 4.0

  • Original language description

    This study presents an analysis, comparison and evaluation of the Industry 4.0 Concept, with the focus on the measurement of its overall benefit. Based on a wide range of theoretical perspectives, outcomes of expert studies and analyzes of top consultancy firms, we infer that senior management currently has very unclear ideas and exaggerated expectations of the content and benefits of the Industry 4.0 Concept. The result of this confusion is often either the rejection or questioning of the revolutionary aspect of Industry 4.0 and its overall benefits. Consecutively, executives are unable to effectively manage business processes towards gaining market benefits. One of the main reasons for that lies in indetermination of generally accepted Key Benchmarks of Industry 4.0. Because of that, there are currently limited ways or criteria to differentiate the degree of companies’ involvement in the Industry 4.0. Ultimately, this study established a theoretical basis for future design of such benchmarks.

  • Czech name

  • Czech description

Classification

  • Type

    J<sub>ost</sub> - Miscellaneous article in a specialist periodical

  • CEP classification

  • OECD FORD branch

    50201 - Economic Theory

Result continuities

  • Project

  • Continuities

    S - Specificky vyzkum na vysokych skolach

Others

  • Publication year

    2018

  • Confidentiality

    S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Data specific for result type

  • Name of the periodical

    Trendy v podnikání

  • ISSN

    1805-0603

  • e-ISSN

  • Volume of the periodical

    8

  • Issue of the periodical within the volume

    2/2018

  • Country of publishing house

    CZ - CZECH REPUBLIC

  • Number of pages

    9

  • Pages from-to

    39-47

  • UT code for WoS article

  • EID of the result in the Scopus database