An In-Depth Analysis of the Various Factors Influencing Industry 4.0 and its Impact on the Overall Performance of the Industrial Sector to Achieve Sustainable Development

<p class="0abstract">In the last two years, the entire world has been confronted with the emergence of pandemic Covid 19, which poses several challenges to the entire human race. Covid 19 has been forced to adopt new innovative technology. To survive in this precarious situation; mos...

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Autor principal: Pritam Kumar
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Lenguaje:EN
Publicado: International Association of Online Engineering (IAOE) 2021
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Acceso en línea:https://doaj.org/article/885416724a0042e9a8559daad16bcf1d
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spelling oai:doaj.org-article:885416724a0042e9a8559daad16bcf1d2021-11-16T07:23:28ZAn In-Depth Analysis of the Various Factors Influencing Industry 4.0 and its Impact on the Overall Performance of the Industrial Sector to Achieve Sustainable Development2626-849310.3991/ijoe.v17i11.25325https://doaj.org/article/885416724a0042e9a8559daad16bcf1d2021-11-01T00:00:00Zhttps://online-journals.org/index.php/i-joe/article/view/25325https://doaj.org/toc/2626-8493<p class="0abstract">In the last two years, the entire world has been confronted with the emergence of pandemic Covid 19, which poses several challenges to the entire human race. Covid 19 has been forced to adopt new innovative technology. To survive in this precarious situation; most of the organization has adopted new innovative technology to meet the expectations of the market and the demands of consumers. In this study, the primary goal is to identify the various factors that have an impact on Industry 4.0 while also evaluating the impact of Industry 4.0 on the overall performance of the industrial sector. An exploratory research approach is used by researchers to discover the characteristics and relationships of new research phenomena. This approach is particularly useful when researchers are looking for answers to the questions of what and how they came to be discovered.  This study demonstrates that the use of Industry 4.0 technologies will increase the effectiveness and efficiency of organizations and industries. This is beneficial because organizations and industries need to develop and survive in this competitive era. Adoption of smart machine and smart product applications will become more common with the widespread use of information and communication technology for all aspects of business operations and activities.</p>Pritam KumarInternational Association of Online Engineering (IAOE)articleindustry 4.0, industrial revolution, big data, technology adoptionComputer applications to medicine. Medical informaticsR858-859.7ENInternational Journal of Online and Biomedical Engineering, Vol 17, Iss 11, Pp 34-46 (2021)
institution DOAJ
collection DOAJ
language EN
topic industry 4.0, industrial revolution, big data, technology adoption
Computer applications to medicine. Medical informatics
R858-859.7
spellingShingle industry 4.0, industrial revolution, big data, technology adoption
Computer applications to medicine. Medical informatics
R858-859.7
Pritam Kumar
An In-Depth Analysis of the Various Factors Influencing Industry 4.0 and its Impact on the Overall Performance of the Industrial Sector to Achieve Sustainable Development
description <p class="0abstract">In the last two years, the entire world has been confronted with the emergence of pandemic Covid 19, which poses several challenges to the entire human race. Covid 19 has been forced to adopt new innovative technology. To survive in this precarious situation; most of the organization has adopted new innovative technology to meet the expectations of the market and the demands of consumers. In this study, the primary goal is to identify the various factors that have an impact on Industry 4.0 while also evaluating the impact of Industry 4.0 on the overall performance of the industrial sector. An exploratory research approach is used by researchers to discover the characteristics and relationships of new research phenomena. This approach is particularly useful when researchers are looking for answers to the questions of what and how they came to be discovered.  This study demonstrates that the use of Industry 4.0 technologies will increase the effectiveness and efficiency of organizations and industries. This is beneficial because organizations and industries need to develop and survive in this competitive era. Adoption of smart machine and smart product applications will become more common with the widespread use of information and communication technology for all aspects of business operations and activities.</p>
format article
author Pritam Kumar
author_facet Pritam Kumar
author_sort Pritam Kumar
title An In-Depth Analysis of the Various Factors Influencing Industry 4.0 and its Impact on the Overall Performance of the Industrial Sector to Achieve Sustainable Development
title_short An In-Depth Analysis of the Various Factors Influencing Industry 4.0 and its Impact on the Overall Performance of the Industrial Sector to Achieve Sustainable Development
title_full An In-Depth Analysis of the Various Factors Influencing Industry 4.0 and its Impact on the Overall Performance of the Industrial Sector to Achieve Sustainable Development
title_fullStr An In-Depth Analysis of the Various Factors Influencing Industry 4.0 and its Impact on the Overall Performance of the Industrial Sector to Achieve Sustainable Development
title_full_unstemmed An In-Depth Analysis of the Various Factors Influencing Industry 4.0 and its Impact on the Overall Performance of the Industrial Sector to Achieve Sustainable Development
title_sort in-depth analysis of the various factors influencing industry 4.0 and its impact on the overall performance of the industrial sector to achieve sustainable development
publisher International Association of Online Engineering (IAOE)
publishDate 2021
url https://doaj.org/article/885416724a0042e9a8559daad16bcf1d
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AT pritamkumar indepthanalysisofthevariousfactorsinfluencingindustry40anditsimpactontheoverallperformanceoftheindustrialsectortoachievesustainabledevelopment
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