INDUSTRY 4.0 AND ITS IMPACT ON THE COUNTRIES OF THE WORLD

Journal Title: Економіка та суспільство - Year 2018, Vol 17, Issue

Abstract

The article considers Industry 4.0 as a new wave of the industrial revolution, which can be characterized by the integration of production with Internet and IT technologies. It is determined that Industry 4.0 stimulates creating of new emerging technologies. It is estimated that at present only 25 countries of the world are ready for Industry 4.0. It is revealed that main feature of Industry 4.0 is production optimization, and the main threats of Industry 4.0 are irrelevant solutions and data security.

Authors and Affiliations

L. O. Syhyda

Keywords

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  • EP ID EP516094
  • DOI 10.32782/2524-0072/2018-17-9
  • Views 132
  • Downloads 0

How To Cite

L. O. Syhyda (2018). INDUSTRY 4.0 AND ITS IMPACT ON THE COUNTRIES OF THE WORLD. Економіка та суспільство, 17(), -. https://europub.co.uk/articles/-A-516094