Abstract
Evolving business needs and shorter product life cycle demand for new methods and services from production facilities. In the past few decades, research and technology has been advanced at the rapid pace on enterprise level. Technology used at production level is still quite old and has not gained much attention in comparison to enterprise level. Enterprises are interested to invest more resources on production level to overcome problems and satisfy goals of stakeholders. The paper discuss the term Industry 4.0 and why we need changes in our traditional manufacturing systems (due to new business models, companies’ competition, and innovation gap). We find-out what are the current challenges faced by organizations with the help of a survey. We also list new opportunities and applications possible by introducing new tools and technologies and provide initial feedback of a scenario from case company. At the end, we discuss how to solve these challenges, scenarios and summarize our paper.
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Khan, A., Turowski, K. (2016). A Survey of Current Challenges in Manufacturing Industry and Preparation for Industry 4.0. In: Abraham, A., Kovalev, S., Tarassov, V., Snášel, V. (eds) Proceedings of the First International Scientific Conference “Intelligent Information Technologies for Industry” (IITI’16). Advances in Intelligent Systems and Computing, vol 450. Springer, Cham. https://doi.org/10.1007/978-3-319-33609-1_2
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