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Industry 4.0: a challenge of competition

2018Journal article Open access
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dc.contributor.authorAntunes, Joaquim
dc.contributor.authorPinto, António
dc.contributor.authorReis, Pedro
dc.contributor.authorHenriques, Carla
dc.date.accessioned2018-10-26T14:05:40Z
dc.date.available2018-10-26T14:05:40Z
dc.date.issued2018
dc.description.abstractIntroduction: The value creation in industry in developed countries is being driven by the fourth stage of industrialization, denominated by Industry 4.0. The new industrial revolution will be motivated by next-generation information technologies such as Internet of Things (IoT), cloud computing, Big Data and data analysis, robotics, mobile computing, simulation and modelling, cyber-physical systems, among others. This opens new horizons for industry, but the challenges are countless creating difficulties for companies in the adoption of these technologies. Objectives: To make a powerful and deep literature revision pursuing a technical analysis of the Industry 4.0 requirements. Further. Methods: We will address the main risks and challenges associated with IoT and define the regional attractiveness measures as growth drivers that leaders must put in place to appeal for companies chasing 4.0. Results: IoT joins the digital world and the physical world being considered the next generation network or the future Internet. It allows to give life and communication capacity either to living beiings or to inanimate objects. IoT's intervention in Industry 4.0 im extreme, with a continuous interconnection of the digital and physical domain. Conclusions: Portugal's growth prospects will increasingly depend on policies that enable the economy to compete successfully and create new income opportunities. At the moment, there are structural bottlenecks that continue to curb growth and exacerbate vulnerabilities. Solving some of these problems will now lay the foundation for solid growth in the coming years, but this calls for a renewal of the impetus for structural reforms. Industry 4.0, can contribute significantly to reducing regional asymmetries. But in the longer term, skills will need to be improved to foster development and reduce the high levels of such inequalities.pt_PT
dc.description.versioninfo:eu-repo/semantics/publishedVersionpt_PT
dc.identifier.citationAntunes, J. G., Pinto, A., Reis, P. & Henriques, C. (2018). Industry 4.0: A challenge of competition. Millenium, 2(6), 89-97. DOI: https://doi.org/10.29352/mill0206.08.00159pt_PT
dc.identifier.doi10.29352/mill0206.08.00159pt_PT
dc.identifier.urihttp://hdl.handle.net/10400.19/5256
dc.language.isoengpt_PT
dc.peerreviewedyespt_PT
dc.subjectIndustry 4.0pt_PT
dc.subjectIoTpt_PT
dc.subjectFactors of attractivenesspt_PT
dc.subjectDão-Lafões – Portugalpt_PT
dc.titleIndustry 4.0: a challenge of competitionpt_PT
dc.typejournal article
dspace.entity.typePublication
oaire.citation.conferencePlaceViseupt_PT
oaire.citation.endPage97pt_PT
oaire.citation.issue6pt_PT
oaire.citation.startPage89pt_PT
oaire.citation.titleMilleniumpt_PT
person.familyNameAntunes
person.familyNamePinto
person.familyNameReis
person.familyNameHenriques
person.givenNameJoaquim
person.givenNameAntónio
person.givenNamePedro
person.givenNameCarla
person.identifier.ciencia-id5111-768D-4E43
person.identifier.ciencia-idBC1A-5458-C90B
person.identifier.ciencia-idB71F-60A3-3FB5
person.identifier.ciencia-idF91C-B000-9ED8
person.identifier.orcid0000-0003-4782-9548
person.identifier.orcid0000-0003-0367-4740
person.identifier.orcid0000-0003-1301-6645
person.identifier.orcid0000-0002-2142-2849
person.identifier.ridN-9211-2018
person.identifier.scopus-author-id56747454000
person.identifier.scopus-author-id8955187400
rcaap.rightsopenAccesspt_PT
rcaap.typearticlept_PT
relation.isAuthorOfPublication30c470ca-bc66-455c-a5bf-859ca408fa42
relation.isAuthorOfPublicationb364098b-27cc-4910-9f05-586822dbd44f
relation.isAuthorOfPublication84bd8fcc-7ce1-49f7-9669-9ccf9b9ce2f0
relation.isAuthorOfPublication9138da60-0a34-4302-b547-864d612c30b8
relation.isAuthorOfPublication.latestForDiscovery30c470ca-bc66-455c-a5bf-859ca408fa42

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RE - Série 2, n.º 06: (2018)