Abstract
Industry 4.0 refers to the transformation of industry through the adoption of techniques and processes based on information and communication technologies (ICT) to manage and optimize all aspects of the manufacturing processes and supply chain. Even if Industry 4.0 adoption has significant advantages for companies in terms of increased productivity and decreased costs, it also raises various challenges for companies. At the same time, more and more experts start to voice their concerns regarding Industry 4.0 and discuss the advent of Industry 5.0 with a focus on sustainability as opposed to productivity. During the discussions regarding Industry 5.0 and the necessity of an improved collaboration between humans and technological systems, it is relevant to evaluate the way companies from the manufacturing sector are adopting Industry 4.0, considering all the challenges and costs imposed by the process. The present study aims at providing an overview regarding the presence of the Industry 4.0 elements in European Union manufacturing companies using publicly available data from the European Statistical Office.
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Alexa, L., Pîslaru, M., Avasilcăi, S. (2022). From Industry 4.0 to Industry 5.0—An Overview of European Union Enterprises. In: Draghici, A., Ivascu, L. (eds) Sustainability and Innovation in Manufacturing Enterprises. Advances in Sustainability Science and Technology. Springer, Singapore. https://doi.org/10.1007/978-981-16-7365-8_8
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