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Telecommunications System & Management

ISSN: 2167-0919

Open Access

The Impact of Industry 4.0 on Advanced Business Processes

Abstract

Mr. Ylber Limani

Business processes are undergoing complex challenges related to the fast-technological changes. The proper functionality of processes necessitates increased flexibility, higher reliability and augmented working speed of production systems and processes. The integration of information technology is accomplished by the development and use of cyber-physical systems, which actually are the enablers of the industrial alteration named “Industry 4.0”. The debates about the digital transformation and competitive challenging advantages directed the industries to the creation of a new business vision named "Industry 4.0". Since the concept of Industry 4.0 and its impact on business processes is creating various challenges, this research addresses and examines the consequences and potentials of Industry 4.0 on advanced business transformation processes. The scope of this research is limited to the study of functional integration of Cyber-Physical Systems, Artificial Intelligence (AI) and Data Science (data security) providing the potential for the functioning of new technologies with focus on developing countries.

The research utilizes qualitative and quantitative approaches to data collection and analysis based on literature and on the case studies. The contribution of this research is focused on the identification and analyses of needs, problems, and benefits related to the implementation of Industry 4.0 on business automated processes in developing countries.

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