Emergence of Industry 4.0 Technologies: Leapfrogging Opportunity for the Russian Federation

Emergence of Industry 4.0 Technologies: Leapfrogging Opportunity for the Russian Federation

Leyla A. Gamidullaeva, Sergey M. Vasin, Elena V. Shkarupeta, Tatyana O. Tolstykh, Alexey G. Finogeev, Galina V. Surovitskaya, Sergey Kanarev
Copyright: © 2019 |Pages: 30
DOI: 10.4018/978-1-5225-7625-9.ch014
OnDemand:
(Individual Chapters)
Available
$37.50
Current Special Offers
No Current Special Offers
TOTAL SAVINGS: $37.50

Abstract

Innovations in the modern world are not simply connected with the opportunities of digital technologies but also largely based on them. This is exactly why the full-fledged successive industrial sector's digitization will become a platform for qualitative changes of the economy and long-term opportunities. Thus, the transition to digital technologies is inevitable, but from another perspective, this very transition cannot be the absolute goal. In this chapter, the authors aimed at providing a better understanding for Industry 4.0 concept and its application benefits for Russia. The main problem is how the Russian Federation acts against the economically developed countries, which are the creators of Industry 4.0. This chapter mainly focuses on presenting the authors' views on how to sustain and increase competitive advantage of the Russian Federation by catching and implementing Industry 4.0. With Industry 4.0, Russian Federation gets a bigger share of the world manufacturing value chain.
Chapter Preview
Top

Background

By rapid implementation of information and communication technologies in manufacturing, the industrial processes becomes smart and enables mass customization. Many researches today are devoted to the investigation of the technologies and processes concerned with Industry 4.0 and its impact on economic development.

Industry 4.0 supposes the use of network approach that is based on the ability of creating smart products and components (Kohlberg & Zühlke, 2015). According to the authors (Kohlberg & Zühlke, 2015) Industry 4.0 enables new implementation areas through the potential of Industry 4.0 technologies such as powerful, flexible and affordable Cyber Physical Systems applications or extended applicability of Lean Production with various production types.

Bughin and Manyika (2015) assumed that the crucial impact factor in competition is related with the Internet of Things (IoT) which means that senior managers and company’s members must act at the system level in order to be able to solve the challenges coming from the technological disruption.

Industry 4.0 technologies’ application has proved their effectiveness in terms of increasing European firm’s competitive advantage not only in manufacturing sectors, but also in service fields such as retail, healthcare, travel and financial services (Piercy & Rich, 2009).

Further, we should consider the main approaches to the identification of milestones in the development of industrial systems.

Key Terms in this Chapter

NBICs (Nano-Bio-Info-Cogno-Technologies): “Breakthrough” innovation technologies in the field of convergence of nanotechnologies, ICT, biotechnologies, and cognitive technologies. Many modern technologies are at the interface of NBIC, for example, construction of cellular and fabric structures, new information interfaces (info+cogno), bioinformatics (nano+info+bio).

Complete Chapter List

Search this Book:
Reset