BUSINESS INFORM №12-2018

The title and content

ABSTRACTS AND INFORMATION ABOUT AUTHORS

13

Section: Innovative Processes
UDC 338.2:65.01:658.5
Matviichenko O. S.
The Conception of Industry 4.0: Content, Opportunities, and Risks (p. 91 - 99)
The article is aimed at defining the main risks associated with the process of preparing and implementing the technology conception of Industry 4.0. The publication considers the conception of Industry 4.0, discloses the content of its key technological components and constituents. The author defines the changes that will occur under the influence of spreading the Industry 4.0 in both the production and the business processes, in the processes of organization of production, marketing, development and sale of products, in the forms of competition and formation of consumer value. The long tail business model is presented, allowing to disclose the advantages provided by the Industry 4.0. The key opportunities and perspectives provided by the conception of Industry 4.0 are determined. The three main groups of risks accompanying the Industry 4.0 are formulated as follows: risks of entering into the conception, risks of non-entering, and risks of its implementation. Features of each group are covered; the risks related thereto are allocated; their content and character of manifestation are determined. The risk of loss of business relations is considered separately and the reasons for its occurrence are substantiated. It is proved that the Industry 4.0 opens new horizons for enterprises and national economies and creates preconditions for qualitative changes in the global economic relations. At the same time, aside from new opportunities, it brings along a number of significant risks, exacerbates the need for balanced and timely decisions at the level of States, business and science, which would not only take attention of the positive impact of new technologies and technological concepts, but also prevent the probable negative consequences of both the introduction of the Industry 4.0 and the refusal from it.
Keywords: Industry 4.0, risks, cyber-physical systems, Internet of things, artificial intelligence, opportunities.
Tabl.: 3. Formulae: 6. Bibl.: 23.

Matviichenko Oleksandr S. – Postgraduate Student, Research Centre for Industrial Problems of Development of NAS of Ukraine (2 floor 1-a Inzhenernyi Ln., Kharkiv, 61166, Ukraine)
Email: [email protected]

Article is written in Ukrainian
Downloads/views: 9

Download article (pdf) -

Reference to this article:
Matviichenko, Oleksandr S. (2018) “The Conception of Industry 4.0: Content, Opportunities, and Risks.” Business Inform 12:91–99.

1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31 | 32 | 33 | 34 | 35 | 36 | 37 | 38 | 39 | 40 | 41 | 42 | 43 | 44 | 45 | 46 | 47 | 48 | 49 | 50 | 51 | 52 | 53 | 54 | 55 | 56 | 57 | 58 | 59 | 60 | 61 | 62 | 63 | 64 | 65 | 66 | 67 | 68 | 69 | 70 |

FOR AUTHORS

License Contract

Conditions of Publication

Article Requirements

Regulations on Peer-Reviewing

Publication Contract

Current Issue

Frequently asked questions

INFORMATION

The Plan of Scientific Conferences

OUR PARTNERS

Journal «The Problems of Economy»

The site and its metadata are licensed under CC BY-SA.

Write to webmaster