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Sustainable Development in Industry 4.0

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A Roadmap to Industry 4.0: Smart Production, Sharp Business and Sustainable Development

Part of the book series: Advances in Science, Technology & Innovation ((ASTI))

Abstract

The manufacturing industries nowadays is rapidly changing towards customized production and the need for today’s industry involves the manufacturing process which is both digital and intelligent. The newest revolution in the era is termed as Industry 4.0, controls the entire life cycle of the product and has the potential to produce innovative solutions for global issues faced in sustainable development. There are broad 17 challenges faced while having the sustainable development and is constantly questioned with the development of every new business model. These challenges are set to achieve the global fair and sustainable health by maintaining the good and peaceful relationship between the people and planet. To overcome these challenges the elements of industry 4.0 is set to achieve sustainable development in the three dimensions—economic, social and ecological. The economic dimension of sustainability focus on economic performance, market presence, indirect economic impacts and procurement practices. It is linked to ecological dimension in relation to the use of energy and resources, and social dimension in relation to safeguarding and creation of workplaces. The social dimension of sustainability focus on providing equity and safety to employees, stakeholders and community in which they operate. And the Ecological dimension of sustainability focus on preserving the three basic functions—the supply function, the waste receiver and the direct usefulness with the aim that the non-renewable resources must be replaced by renewable resources, and the consumption of the renewable resources to be some extent so that they can be regained in the future.

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Author information

Authors and Affiliations

  1. Division of Computer Engineering, Netaji Subhas University of Technology, Delhi, India

    Saurabh Raj Sangwan & M. P. S. Bhatia

Authors
  1. Saurabh Raj Sangwan
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  2. M. P. S. Bhatia
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Editor information

Editors and Affiliations

  1. Graduate School, Duy Tan University, Da Nang, Vietnam

    Anand Nayyar

  2. Department of Computer Science and Engineering, Delhi Technological University, New Delhi, India

    Akshi Kumar

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Sangwan, S.R., Bhatia, M.P.S. (2020). Sustainable Development in Industry 4.0. In: Nayyar, A., Kumar, A. (eds) A Roadmap to Industry 4.0: Smart Production, Sharp Business and Sustainable Development. Advances in Science, Technology & Innovation. Springer, Cham. https://doi.org/10.1007/978-3-030-14544-6_3

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