A Review on Industrial Revolution 4.0 (IR4.0) Readiness Among Industry Players

DOI

10.2991/978-94-6463-094-7_18How to use a DOI?

Keywords

Industrial Revolution 4.0; Readiness; Driving factors; Inhibiting factors; Self-evaluation

Abstract

The Fourth Industrial Revolution (IR4.0) is a digital revolution that not only focuses on the manufacturing industry, but also involves all sectors including the service industry. The readiness of the industry players and their implementations of these technologies will be able to boost productivity growth through creating, adopting, and integrating technological solutions into the workforce and industries. A review of the literature reveals that industry readiness for IR4.0 particularly in Malaysia is still at a low to medium level. The objective of this paper is to review the understanding of IR4.0 readiness models discussed in the literature, the factors driving and inhibiting IR4.0 readiness, and the use of a evaluation tools for industry players to assess their IR4.0 readiness level. The study found that readiness models are commonly discussed and framed around several theories and their theoretical constructs such as Acceptance Theory, Information System (IS) Success Models, and relevant readiness and maturity theories. There are a few factors either driving or inhibiting IR4.0 readiness and these factors are funding, infrastructure, regulatory, skills and competency, technology, and commitment from the leadership. Based on the synthesized literature, this paper proposes the IR4.0 Readiness and Implementation Framework for industry. The framework aims to guide industry players to take a stage approach in implementing IR4.0 and move up their IR4.0 readiness levels progressively.

Copyright

© 2022 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Nurul Izzati Saleh
AU  - Mohamad Taha Ijab
AU  - Noramiza Hashim
PY  - 2022
DA  - 2022/12/27
TI  - A Review on Industrial Revolution 4.0 (IR4.0) Readiness Among Industry Players
BT  - Proceedings of the International Conference on Computer, Information Technology and Intelligent Computing (CITIC 2022)
PB  - Atlantis Press
SP  - 216
EP  - 231
SN  - 2589-4900
UR  - https://doi.org/10.2991/978-94-6463-094-7_18
DO  - 10.2991/978-94-6463-094-7_18
ID  - Saleh2022
ER  -