Abstract
In this paper, we present a comprehensive conceptual approach to systematically analysing and monitoring the readiness of manufacturing companies for Industry 4.0 in emerging economies. This approach goes beyond an exclusive focus on technology and includes various aspects of organisation, management, employees and systemic interaction. Embedded in a conceptual framework, the approach assumes that manufacturing companies can be characterised by different “degrees of readiness for Industry 4.0”. This follows the underlying rationale of an evolutionary path towards Industry 4.0 that progresses over time and helps to upgrade companies’ technological base, as well as their organisation, knowledge base and experience.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
