Industry 4.0 Readiness of Technology Companies: A Pilot Study from Malaysia
| Autor: | Nor Liza Abdullah, Mohd Hizam-Hanafiah, Muhammad Shahar Jusoh, Mohd Helmi Ali, Mansoor Ahmed Soomro |
|---|---|
| Jazyk: | angličtina |
| Rok vydání: | 2021 |
| Předmět: |
0209 industrial biotechnology
technology companies Knowledge management Industry 4.0 business.industry 05 social sciences Digital transformation 02 engineering and technology General Business Management and Accounting 020901 industrial engineering & automation ddc:350 JF20-2112 0502 economics and business Industry 4.0 readiness Key (cryptography) Management support digital transformation Business Political institutions and public administration (General) 050203 business & management fourth industrial revolution |
| Zdroj: | Administrative Sciences, Vol 11, Iss 56, p 56 (2021) Administrative Sciences Volume 11 Issue 2 |
| ISSN: | 2076-3387 |
| Popis: | Industry 4.0 has the potential to cause both evolutionary (operational) and revolutionary (strategic) changes, but assessing the readiness of companies towards Industry 4.0 has largely been a challenge. Industry 4.0 readiness is also important as it is the first step for companies that want to adopt Industry 4.0 technologies. This paper pilot surveys 100 technology companies in Malaysia to understand their overall readiness towards Industry 4.0. In particular, this research paper contributes to the assessment of Industry 4.0 readiness in terms of seven key areas: (i) Market pressure, (ii) risk-taking, (iii) knowledge, (iv) management support, (v) competencies, (vi) motivation and (vii) freedom. These findings can act as stepping stones for managers and companies that are aiming towards the implementation of Industry 4.0 readiness. |
| Databáze: | OpenAIRE |
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