What is Industry 4.0
Industry 4.0 is the industrial model facilitated by the integration of technologies such as IoT and cloud computing as enablers to increase efficiency and sustainability. Real-time data-sharing is a core element in the shift towards decentralised control, allowing for adapting behaviours in production management (Shrouf et al. 2014). Core elements of Industry 4.0 are vertical integrations between the different business levels, horizontal integrations in the supply chain, and end-to-end integration to monitor the product in all its phases (Telukdarie and Sishi, 2018).
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