Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/188747 
Authors: 
Year of Publication: 
2015
Citation: 
[Journal:] Journal of Industrial Engineering and Management (JIEM) [ISSN:] 2013-0953 [Volume:] 8 [Issue:] 5 [Publisher:] OmniaScience [Place:] Barcelona [Year:] 2015 [Pages:] 1512-1532
Publisher: 
OmniaScience, Barcelona
Abstract: 
Purpose: Industry 4.0 represents a special challenge for businesses in general and for SMEs in particular. The study at hand will examine companies' awareness, readiness and capability to meet this challenge taking into account the special role of SMEs Design/methodology/approach: The results of nine studies dealing with this range of topics are examined in the framework of a systematic review and compared with regard to the objective of the study at hand. Findings: The review showed that, as a rule, there is an awareness concerning the relevance of the topic. The readiness and the capability to meet this challenge existin parts; however, they strongly depend on the enterprise size. The smaller SMEs are, the higher the risk that they will become victims instead of beneficiaries of this revolution. Originality/value: Considering different studies concerning Industry 4.0 the article gives an insight into the dependence of the Industry 4.0 readiness in reference to the company size. This deepens the knowledge in adaption deficits German SME still have and opens different approaches for further research and action plans.
Subjects: 
industry 4.0
SME
digitalization
automation
internet of things
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by-nc Logo
Document Type: 
Article

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