Sustained competitive advantage using Industry 4.0 technologies

Over the last decades the industrial sector went through three revolutions. As of right now the fourth industrial revolution is ushering firms in the directing to adopt new and smart technologies, this fourth revolution is named Industry 4.0. In this paper traditional research from the likes of Porter (1985) and Barney (1991) is combined with the available consultancy reports and scientific literature. Firms adopting Industry 4.0 technologies gives them the opportunity to gain sustained competitive advantage by adopting new Industry 4.0 technologies which can give, or strengthen, the position of a firm in an industry.