AWARENESS ANALYSIS OF INDUSTRY 4.0

Abstract

Industry 4.0 is a new disruptive (r)evolution that not only affects the production systems of companies but also affects the society as a whole. This new revolution brings several new benefits to firms, such as; a more flexible production system, individual production, digital value chain, new business models, resource, and energy efficiency. Therefore, it is very important for firms to be aware of the Industry 4.0. In this study, the Industry 4.0 awareness of the firms located in İzmir and Manisa is investigated. Moreover, a chi-square analysis is conducted in order to determine the relationship between firm size and awareness of Industry 4.0’s terms and R&D budget of firms and awareness of Industry 4.0’s terms.

Keywords

• industry 4.0
• awareness analysis
• cyber-physical systems
• internet of things
• big data