Abstract

The emergence of the fourth industrial revolution (Industry 4.0, hereinafter I 4.0) has led to an entirely fresh approach to production, helping to enhance the key industrial processes and therefore increase the growth of labor productivity and competitiveness. Simultaneously, I 4.0 compels changes in the organization of work and influences the lives of employees. The paper intends to construct a model for predicting the allocation of human resources in the sectors of the national economy of the Czech Republic in connection with I 4.0. The model used in this research visualizes the shift of labor in the economic sectors of the Czech Republic from the year 2013 to the following years in the near future. The main contribution of this article is to show the growth of employment in the high-tech services sector, which will have an ascending trend.

Highlights

  • The aim of this paper is to develop a suitable model for predicting the allocation of human resources in different sectors of the national economy of the Czech Republic in connection with I 4.0

  • The main objective of this paper is to develop a suitable model for predicting the allocation of human resources in different sectors of the national economy of the Czech

  • According to Eurostat (2018), the industrial sector in the EU-28 employed 35 million individuals, which corresponds to 15.4% of total employment in the year 2017 [24]

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Summary

Introduction

4.0 (hereinafter I 4.0), and the manufacturing sector has been making use of it recently by utilizing cyberphysical systems (CPSs) in an effort to seize high levels of automation [1]. Internet of things (IoT), Internet of services (IoS) and artificial intelligence (AI) are considered other critical components of I 4.0 next to cyber physical systems (CPSs) [3]. A significant number of studies have been conducted in regard to Industry 4.0 and about readiness and maturity models. The perspective and predictions of the allocation of human resource management in the context of I 4.0 is remarkable, which calls for more attention and inspires conducting research in this specific area

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