Abstract

The main purpose of this article is to deal with the situation and implementation of Industry 4.0. The first part of the article is informative – it guides the reader with the evolution of industry (first – fourth industrial revolutions). The following part deals directly with Industry 4.0 and its characteristics. This concept focuses on digitization of all physical assets and integration into the digital ecosystem, including business partners within the value chain. Also, “pillars” on which Industry 4.0 relies, are presented here. The next part deals with Industry 4.0 initiative implementation. Eight crucial issues were selected here. The final part of the article proposes some solutions and suggestions for future implementation.

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