Abstract
Industry 4.0 is marked with technological advancements that change the way of interactions between human and machines, suppliers and producers, as well as customers and distributors. Digitalization, internet of things, big data and cloud computing are example of technologies used in Industry 4.0. Readiness assessment is needed to evaluate the existing condition of organizations. The information from this assessment is used to design strategy in adopting industry 4.0. This adoption requires modifications in all aspects of organizations including vision, culture, people (social aspects) as well as technology, process and infrastructure (technical aspects). Modifications in selected aspects only, for example, modification in technology and infrastructure aspects only, might lead to failure in adopting industry 4.0. To overcome this, systemic approach is needed to assess the readiness of organizations to adopt industry 4.0. This paper uses socio-technical framework and composite indicators to assess the readiness of organizations to adopt industry 4.0.
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