Industry 4.0 Value Roadmap

Integrating Technology and Market Dynamics for Strategy, Innovation and Operations

• Author(s): Tuğrul U. Daim, Zahra Faili,
• Publisher: Springer Nature
• Pages: 118
• ISBN_10: 3030300668
  ISBN_13: 9783030300661
  
• Language: en
• Categories: Social Science / Media Studies , Business & Economics / Production & Operations Management , Business & Economics / Information Management , Business & Economics / Industrial Management , Business & Economics / Industries / Automobile Industry , Medical / Administration , Language Arts & Disciplines / Communication Studies , Business & Economics / Research & Development , Business & Economics / Business Mathematics , Business & Economics / Industries / Manufacturing , Health & Fitness / Health Care Issues ,

Description:... Industry 4.0 has altered as well as disrupted the business model of organizations around the world. The adoption however, has been slow in the various industries as a clear roadmap for the integration of the same lacks in project planning. This brief fills this gap as it examines the development of a Value Roadmap for different industries using Industry 4.0 as an enabler. Using the automotive, healthcare and telecommunication industries as case studies, the authors create the value roadmap using five factors: market drivers, product features, technology features, enablers and resources. This framework integrates both technology and market knowledge to support strategy development, innovation and operational processes in organizations.