Industry 4.0 : Implementation & Maturity Level Assessment in European Industry

University essay from Högskolan i Halmstad/Akademin för företagande, innovation och hållbarhet

Abstract: Industry 4.0 is the trend towards automation and data exchange in manufacturing technologies and processes, which include cyber-physical systems (CPS), the Internet of Things (IoT), the Industrial Internet of Things (IIOT), cloud computing, cognitive computing, and artificial intelligence.  Industry 4.0 maturity is assessed by evaluating the degree of implementation of each transformation capability and, consequently, in each dimension. Maturity models are used as instruments to recognize and measure the maturity level of a company in a certain domain or a process related to a future goal. The content of each dimension can be derived from qualitative research methods, including bibliographic reviews, case studies analysis, focal groups, and other methodologies of idea generation and decision-making.  This project aims to perform an implementation status and maturity level assessment of Industry 4.0 in European Industries. The project covers an assessment of the level of readiness to accomplish the Industry 4.0 standards and requirements.

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