Abstract

The main objective of this investigation is to describe the current landscape of Industry 4.0 in Costa Rica. Industry 4.0 is a combination of technologies, such as robotics, big data, the Internet of Things (IoT), and artificial intelligence (AI). Latin America has mostly focused on the development of IoT technology. Costa Rica ranks second in terms of IoT implementation, with a strong focus on environmentally sustainable innovations.
 New technologies emerge daily, and the IoT is among these technologies. Thus, after comparing Costa Rica with other countries and regions, there are several areas of opportunity to upscale these revolutionary technologies beyond the IoT. The government of Costa Rica and local businesses should work on a joint roadmap to upskill the population on using these technologies. Additionally, this research provides resources and opportunities for experimentation through design thinking, allowing more innovation creation based on trial and error to find the best solutions to implement to add value.

Highlights

  • In 2020, the Covid-19 pandemic challenged worldwide economies, processes, and systems

  • The main objective of this investigation is to describe the current landscape of Industry 4.0 in Costa Rica

  • Industry 4.0 is a combination of technologies, such as robotics, big data, the Internet of Things (IoT), and artificial intelligence (AI)

Read more

Summary

Introduction

In 2020, the Covid-19 pandemic challenged worldwide economies, processes, and systems. According to Eakin & Lemos (2006), the IoT and globalization have imposed unprecedented opportunities and challenges in terms of cultural integration and business model operations. The long-term outcome of this training is that it will allow the economy to have skilled people who can rapidly adapt to unforeseen situations. These are one of many efforts Costa Rica is making in terms of Industry 4.0, it is necessary to compare these developments and implementations across Latin American regions and other countries leading this revolution such as Germany

Methods
Results
Discussion
Conclusion
Full Text
Published version (Free)

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 call